Download or read book Ultra High Net Worth Individuals UHNWIs Private Banks and Sustainable Finance written by and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Needs of Ultra High Net Worth Individuals written by Carola Bertschinger and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis is aimed at identifying the banking needs of Ultra High Net Worth Individuals and develops, based on these findings, five new business models for private and universal banks. For this purpose, open, semi-structured interviews with representatives from three banks and three family offices were held, followed by a concluding round of interviews with consultants. The client representatives clearly stated that they need banks in order to manage their bankable assets. For this, direct access services are used and advice in the area of mergers and acquisitions is appreciated by clients with an entrepreneurial background. The missing alignment of interests which is especially evident at universal banks was heavily criticized. Moreover, the clients could not name the value added by banks today as they are hard to differentiate in the current market environment. This is not only true for universal banks, but also for private banks which enjoyed a good feedback compared to the first group. In a next step, these needs were combined with the trends in the client behavior as well as in the external environment and transformed into challenges and opportunities for banks. Based on this, three business models for private banks were developed: Small private banks will turn into independent wealth managers. A group of medium-sized private banks will outsource many services and focus on serving clients from a narrow selection of countries. Finally, the large private banks will develop a so-called glocal approach with local partners in order to identify the best investment opportunities and add significant value to the clients. The future of universal banks heavily depends on whether they manage to align their internal and external agendas and free the client advisors from conflicts of interest. If this challenge is not manageable, they will develop into transaction banks which profit from economies of scale through offering reliable exe.
Download or read book The reputation of philanthropy since 1750 written by Hugh Cunningham and published by Manchester University Press. This book was released on 2020-03-24 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philanthropy, a 'love of humankind', is now thought of as the rich giving to good causes. The Reputation of Philanthropy explores how this came about and asks why praise for philanthropists has always been matched by criticism. Original and accessible, the book will inform thinking about the proper role for philanthropy today.
Download or read book Handbook on Sustainable Investments Background Information and Practical Examples for Institutional Asset Owners written by Swiss Sustainable Finance and published by CFA Institute Research Foundation. This book was released on 2017-12-27 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fast growing share of investors have recently widened their scope of analysis to criteria regarded as extra-financial. They are driven by different motivations. Adoption of sustainable investment strategies can be driven, on the one hand by the sole motivation to hedge portfolios against knowable risks by expanding the conceptual framework to incorporate the latest best practice in risk management. Other investors focus rather on a long-term view and make an active bet on societal change. Recent empirical research has shown that considering sustainability factors within investment practices does not come at a cost (i.e. through a reduced opportunity set) but allows for competitive returns. Furthermore, the growing market and resulting competition in the wake of sustainable investing going mainstream has the welcome effect to compress fees for such products. Hence, staying informed about recent trends in sustainable investing is imperative no matter what the main motivation is.
Download or read book Billion Dollar Whale written by Bradley Hope and published by Hachette Books. This book was released on 2018-09-18 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named a Best Book of 2018 by the Financial Times and Fortune, this "thrilling" (Bill Gates) New York Times bestseller exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.
Download or read book Goals Based Wealth Management written by Jean L. P. Brunel and published by John Wiley & Sons. This book was released on 2015-02-20 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Take a more active role in strategic asset allocation Goals-Based Wealth Management is a manual for protecting and growing client wealth in a way that changes both the services and profitability of the firm. Written by a 35-year veteran of international wealth education and analysis, this informative guide explains a new approach to wealth management that allows individuals to take on a more active role in the allocation of their assets. Coverage includes a detailed examination of the goals-based approach, including what works and what needs to be revisited, and a clear, understandable model that allows advisors to help individuals to navigate complex processes. The companion website offers ancillary readings, practice management checklists, and assessments that help readers secure a deep understanding of the key ideas that make goals-based wealth management work. The goals-based wealth management approach was pioneered in 2002, but has seen a slow evolution and only modest refinements largely due to a lack of wide-scale adoption. This book takes the first steps toward finalizing the approach, by delineating the effective and ineffective aspects of traditional approaches, and proposing changes that could bring better value to practitioners and their clients. Understand the challenges faced by the affluent and wealthy Examine strategic asset allocation and investment policy formulation Learn a model for dealing with the asset allocation process Learn why the structure of the typical advisory firm needs to change High-net-worth individuals face very specific challenges. Goals-Based Wealth Management focuses on how those challenges can be overcome while adhering to their goals, incorporating constraints, and working within the individual's frame of reference to drive strategic allocation of their financial assets.
Download or read book Luxury Brands in China and India written by Glyn Atwal and published by Springer. This book was released on 2017-06-27 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an analysis of the luxury industry in two of the world’s biggest and evolving markets, and identifies and discusses the key issues and dynamics in transforming their luxury landscapes. By discussing the elements that are most likely to dominate boardroom agendas, the pragmatic implications for both strategic and marketing planning are made clear. Special emphasis is placed upon well-contemplated responses to luxury brand marketing challenges that executives are likely to face as they push their brands to adapt and thrive in these shifting markets.
Download or read book Successful on and off the stock exchange written by Bianca Braun and published by Orell Füssli Verlag. This book was released on 2020-09-07 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Autorinnen gehen anhand von Gesprächen mit 10 börsennotiert und zehn nicht-börsennotiert Familienunternehmen der Frage nach, wie sich diese Unternehmen unterscheiden und welche Veränderungen ein Börsengang mit sich bringt. Die Autorinnen analysieren und vergleichen im Buch verschiedene Führungsinstrumente (die Governance) dieser Unternehmen (Eigentumsstruktur, Verwaltungsrat, Strategie, Beziehung Familie-Unternehmen, Informationspolitik, Transparenz). Sie kommen zum Schluss, dass es nicht unbedingt eine klare Trennung zwischen börsennotiert und nicht-börsennotiert Familienunternehmen gibt. Vielmehr finden sie erstaunliche Ähnlichkeiten zwischen ihren Gesprächspartnern und können sie in vier Kategorien einteilen (die Puma-, Hippo-, Oktopus- und Mammut-Familienunternehmen). Das Buch versteht sich als Beratungsbuch für Familien, ihre Unternehmen und ihre Experten/Berater.
Download or read book Alternative Investments written by CAIA Association and published by John Wiley & Sons. This book was released on 2016-09-27 with total page 1207 pages. Available in PDF, EPUB and Kindle. Book excerpt: In-depth Level II exam preparation direct from the CAIA Association CAIA Level II is the official study guide for the Chartered Alternative Investment Analyst professional examination, and an authoritative guide to working in the alternative investment sphere. Written by the makers of the exam, this book provides in-depth guidance through the entire exam agenda; the Level II strategies are the same as Level I, but this time you'll review them through the lens of risk management and portfolio optimisation. Topics include asset allocation and portfolio oversight, style analysis, risk management, alternative asset securitisation, secondary market creation, performance and style attribution and indexing and benchmarking, with clear organisation and a logical progression that allows you to customise your preparation focus. This new third edition has been updated to align with the latest exam, and to reflect the current practices in the field. The CAIA designation was developed to provide a standardized knowledge base in the midst of explosive capital inflow into alternative investments. This book provides a single-source repository of that essential information, tailored to those preparing for the Level II exam. Measure, monitor and manage funds from a risk management perspective Delve into advanced portfolio structures and optimisation strategies Master the nuances of private equity, real assets, commodities and hedge funds Gain expert insight into preparing thoroughly for the CAIA Level II exam The CAIA Charter programme is rigorous and comprehensive, and the designation is globally recognised as the highest standard in alternative investment education. Candidates seeking thorough preparation and detailed explanations of all aspects of alternative investment need look no further than CAIA Level II.
Download or read book Luxury Fashion Retail Management written by Tsan-Ming Choi and published by Springer. This book was released on 2016-11-26 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using various research methodologies, such as reviews, case studies, analytical modeling and empirical studies, this book investigates luxury fashion retail management and provides relevant insights, which are beneficial to both industrialists and academics. Readers gain an understanding of luxury fashion retailing, including proper operations and strategic management, which now are the most crucial items on the luxury fashion industry’s senior management agenda.
Download or read book The Private Wealth and Private Client Review written by John Riches (Lawyer) and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Asian Family Businesses written by Annie Koh and published by World Scientific Publishing Company. This book was released on 2020-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy is predominantly driven by family businesses that provide the largest source of long-term employment in most countries. In the Asian region, family members amongst the 60% of large corporations own a significant share of the equity and can influence key decisions. This phenomenon sets the family enterprises with various challenges and opportunities as any other non-family run enterprises but in a more complex dimension. This book presents a collection of cases that addresses three key challenges faced in many of the family enterprises in Asia; Succession, Governance and Innovation. The narration of the cases also offers reader tips about good practices among the Asian families such as effective family governance mechanism, development of innovation and entrepreneurial mindsets across generations, importance of family culture. This case book is essential reading for anyone interested in addressing the needs of business families in the region.
Download or read book Plutocrats written by Chrystia Freeland and published by Penguin. This book was released on 2012-10-11 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Financial Times Best Book of the Year Shortlisted for the Lionel Gelber Prize There has always been some gap between rich and poor in this country, but recently what it means to be rich has changed dramatically. Forget the 1 percent—Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at breakneck speed. Most of these new fortunes are not inherited, amassed instead by perceptive businesspeople who see themselves as deserving victors in a cutthroat international competition. With empathy and intelligence, Plutocrats reveals the consequences of concentrating the world’s wealth into fewer and fewer hands. Propelled by fascinating original interviews with the plutocrats themselves, Plutocrats is a tour de force of social and economic history, the definitive examination of inequality in our time.
Download or read book Family Business in China Volume 2 written by Ling Chen and published by Springer Nature. This book was released on 2021-09-04 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlike other economies, family businesses in China are greatly affected by the derived Confucian culture, excessive marketization, as well as the seemingly endless institutional supervision by a transitional Chinese government. China has a strong historical legacy, devoted to patriarchal values and strong family-centered traditions. This volume discusses the current status, upcoming challenges, and future prospects for family businesses in China. It explores unique organizational characteristics that are associated with Chinese family firms, such as being entrepreneurial, having concentrated power in the hands of the family business owners, and extensive family and semi-family involvement in the business. It also discusses shared features of strategic actions among Chinese family firms that include technology innovations, diversification, and internationalization, as well as the political connections that Chinese family firms often have. This book offers researchers a comprehensive overview of small family firms that are likely to be home-based microenterprises as well as large publicly traded business groups that are frequently owned by business families.
Download or read book Transformation Dynamics in FinTech written by Dimitrios Salampasis and published by World Scientific Publishing Company. This book was released on 2021-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology-driven innovation in financial services has been attracting global attention and interest. FinTech innovation is presenting a paradigm shift in financial services affecting a wide range of products, processes and services but also sparking a broader evolutionary transformation, growth opportunities and foundational systemic and structural changes in light of technological interdependencies among market players, infrastructures and ecosystem stakeholders.Transformation Dynamics in FinTech contributes to the intellectual curiosity around the symbiotic relationship of finance and technology by focusing on the multidimensional and multidisciplinary role of open innovation within FinTech innovation, observing and communicating the latest technological, managerial, governance, policy and regulatory perspectives, trends and developments.This book is an essential reading for anyone interested in the growing and evolving development of FinTech ecosystems based on new capabilities and structures that create new dominant architectural designs, which determine competitive dynamics, products, services, processes, business models, markets, value chains, within an open and transformed financial services industry landscape.
Download or read book Reckless opportunists written by Aeron Davis and published by Manchester University Press. This book was released on 2018-03-13 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aeron Davis takes a close look at the state of elites today. He argues that the Brexit vote and 2017 election outcome are signs of a deeper leadership crisis that has been developing over decades. The great transformations of the 1980s onwards have not only upended societies, they have reshaped elite rule itself. Too many leaders today, regardless of intent, are ignorant, precarious, rootless and self-serving. Although richer, they have lost coherence, influence and control. Increasingly, they are just reckless opportunists, getting what they can amid the chaos they have created. Their failings are not only damaging wider society, they are undermining the very foundations of the Establishment itself. The book, based on interviews with over 350 elite figures, asks: how did we end up producing the leaders that got us here and what can we do about it?
Download or read book Global Private Banking and Wealth Management written by David Maude and published by John Wiley & Sons. This book was released on 2010-02-09 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wealth management is one of the areas in which banks and other personal financial services players are investing heavily. But the market is changing fast. Going forward, players therefore need to adapt their strategies to the new realities: what worked in the past will not, for the most part, be appropriate in the future. This unique book, written by a former McKinsey consultant, offers an up-to-date, detailed, practical understanding of this exciting area of financial services.
