All articles by GlobalData Financial

The price of gold hits $3,000 amid rising global uncertainties, benefiting HNW ETF inflows

According to our HNW Asset Allocation Analytics 2024, only 2.4% of HNW onshore wealth is allocated to gold directly (or 18.9% of investors’ commodity portfolios).

Will Trump disruption or tax policy end up driving offshore flows?

Trump’s previous administration focused on major tax cuts.

2024 US Election: Wealth managers need to invest in their crypto asset offerings

The aggregate result of this election cycle, not least the US presidential contest, is bullish for the crypto industry in the US and by extension the world.

ESG will remain a key long-term wealth manager priority despite Trump re-election

The importance of ESG investing compared to achieving the highest possible returns has been declining since 2021 across both the US and the world.

Samsung eyes super app status through domestic player support

According to GlobalData’s Global Retail Banking Analytics, Kookmin Bank and Hana Bank were among the top five South Korean banks for retail deposits with market shares of 8% and 6.8%, respectively, in 2022.

Morgan Stanley’s generative AI-based virtual assistant will enhance the group’s operational efficiency

Morgan Stanley has launched AI @ Morgan Stanley Assistant, based on OpenAI’s ChatGPT technology.

Pessimism reigns across the wealth management industry

After a difficult 2022, wealth management profitability is on track to see further declines in all regions in 2023, writes Andrew Haslip

Regulator’s reaction to SVB collapse creates new environment for smaller providers

A large and sudden wave of withdrawals from smaller providers could have incurred a domino effect of bank runs.

Equity crowdfunding is a great way to connect with young investors

Referral incentives key for green mortgage take-up

Mohamad Hasan discusses the potential offered by green mortgages as part of banks’ overall ESG strategies