We are starting the decade with high stock market valuations, record levels of debt and growing geopolitical instability. For investors, this is not the time to be complacent. They need to be more active.
The asset management industry will change profoundly in the decades to follow. There’s going to be huge disruption with new entrants coming into the market. This is why I joined the asset management industry.
Family offices don’t need to get wealthier. Yet though many are conservative, they can also be quite unconventional. Not all are necessary closed to the idea of non-traditional investments. Often this is because of their own personal experience and their entrepreneurial spirit that has allowed them to develop their wealth in the first place.
I don’t doubt for a moment that a CEO’s job is tough. It takes a very special individual with a specific skillset to do the job well. They must take risks and every transaction they make is scrutinised. But does their pay package reflect their leadership ability?
Historically, the younger generation has always been more optimistic than the older proportion of the population. But for the first time ever, consumer sentiment is now much stronger among those over 55 than those under 35. Why are are millennial so depressed?
At his height in early 2012, he was worth US$32 billion and ranked as the seventh richest man in the world. But by July 2013 his wealth had plummeted to US$200 million. And by 2014, Bloomberg reported that he had a negative net worth.
Perhaps the rise of robo-advisors might put some elements of the investment management industry out of business. However, it could also create new areas and provide a better and more reliable service for investors.
Inflation is now becoming a hot topic once more. But few people, apart from our older generation, have ever experienced high inflation. In an era of digitalisation and cryptocurrencies, is inflation still relevant?