International Finance

Category : Wealth Management

FeaturedWealth Management

UAE wealth to hit USD 6 trillion by 2030 despite Iran war jitters, says BCG report

International Finance Business Desk
BCG expects the number of ultra-rich residents to climb to 800 as property, financial assets and cross-border wealth underpin the UAE's growth...
FeaturedWealth Management

London’s global wealth hub status takes USD 160 billion hit as super-rich leave UK

International Finance Business Desk
Property tycoon David Reuben, ranked second on this year’s 'Sunday Times Rich List' with his brother Simon, has moved from London to Monaco...
FeaturedWealth Management

BlackRock eyes USD 100 billion GCC investment shift, infra and private markets to benefit

International Finance Business Desk
The governments have expanded spending on infrastructure, industry and digital assets while seeking to monetise or privatise state-owned businesses...
FeaturedWealth Management

Norway’s wealth fund plans holdings cut worth USD 80 billion to US Treasuries

International Finance Business Desk
Norges Bank Investment Management wants to reduce government bonds in its portfolio and shift towards higher-yielding fixed-income assets...
FeaturedWealth Management

Norway wealth fund posts record USD 184 billion profit as CEO warns of risks

International Finance Business Desk
Investing in ⁠the Norwegian state's revenues from oil and gas production, the fund currently owns on average 1.5% of all listed companies globally...
FeaturedWealth Management

Alliance of Wellington, Vanguard, Blackstone launches funds targeting wealthy investors

International Finance Business Desk
The new closed-end funds will be available at launch to Merrill and Bank of America Private Bank clients, the alliance informed...