Benjamin Stupples

UBS Group AG said it expects more than $83 trillion of wealth to be inherited within the next three decades, with about a fifth of the world's assets held by people over the age of 75.

Die UBS geht davon aus, dass in den nächsten drei Jahrzehnten mehr als 83 Billionen Dollar (77 Billionen Euro) an Vermögenswerten vererbt werden. Etwa ein Fünftel des weltweiten Vermögens befinde sich im Besitz von Menschen über 75 Jahren.

Leon Black barely touched his stake in Apollo Global Management Inc. during the decades he turned the firm into a buyout giant and became one of Wall Street’s richest billionaires.

Family offices with at least $1 billion in assets are increasingly choosing quantitative trading strategies as a cheaper alternative to hedge funds, a Citigroup Inc. executive said.

A group of female Credit Suisse veterans are helping usher in a new era at a family office for one of the world's oldest auto dynasties, joining a rising number of women in top roles at money managers for the ultra-rich.

Eine Gruppe von Credit-Suisse-Veteraninnen läutet im Family Office einer der ältesten Automobil-Dynastien der Welt eine neue Ära ein. Damit steigt die Zahl der Frauen in Spitzenpositionen bei Vermögensverwaltern für Superreiche weiter an.

The head of Deutsche Bank AG‘s US wealth unit plans to keep hiring senior private bankers in a bid to become one of Wall Street’s main European rivals for serving the nation’s ultra-rich.

Der Chef des US-Wealth Management der Deutschen Bank, Arjun Nagarkatti, will weitere Top-Privatbanker einstellen. Er will so zu einem der wichtigsten europäischen Konkurrenten an der Wall Street bei der Betreuung der Superreichen des Landes werden.

The next chief executive officer of Julius Baer Group Ltd., Stefan Bollinger, has clinched the top job at the global wealth manager without ever attending university or occupying a C-suite office at a major bank.

The next chief executive officer of Julius Baer Group Ltd. Stefan Bollinger , has clinched the top job at the global wealth manager without ever attending university or occupying a C-suite office at a major bank.