Jeffrey Gundlach,
the CEO of DoubleLine Capital LP who had about $10
million in art stolen from his home in Santa Monica, California, two
weeks ago, said all the works were recovered.
by
Karen DeMasters
Infrastructure projects such as energy facilities are
among the investments high-net-worth families should now be focusing on, according to
six leading family offices.
by Ellie Winninghoff
The pioneering Coastal Enterprises Inc., which is building Maine's local economy from the ground-up, specializes in food, fish and forests.
In January 1999, a
trust set up by Mitt Romney for his children and grandchildren reaped a
1,000 percent return on the sale of shares in an Internet advertising firm.
More high-net-worth individuals are seeking to buy gold to protect their
wealth from the risk of rising inflation after central banks boosted
stimulus, according to Deutsche Bank AG.
More people in Asia became millionaires last year as the region's
economic growth and entrepreneurship helped generate affluence,
according to a report by RBC Wealth Management and Capgemini SA.
by Leila B. Boulton
A recent meeting of social investors and impact fund managers in Colorado explored some of the reasons why mainstream investors hesitate to invest in impact funds.
by
Karen DeMasters
The majority of the ultra wealthy rely on their financial advisors for
advice, but a majority also take an active role in handling their own
investments, according to Spectrem Group.
For the past six
years, Elaine Tettemer Marshall, the fourth-richest woman in the U.S.,
has avoided the spotlight that ordinarily accompanies great wealth.
by
Karen DeMasters
The public markets will to continue to be turbulent
for at least the next three to five years, increasing the importance of alternative investments, private wealth managers say in a new survey.
Hedge funds raised bullish commodity bets to the highest in 16 months
before speculation that policy makers will
revive global growth pushed prices higher for a sixth week.
Zong Qinghou,
head of China's third-largest beverage maker, is the country's richest
man after disclosing his stake in Hangzhou Wahaha Group Co.
is more than double previous estimates.
by
Karen DeMasters
The ultra-wealthy-those with $25 million or more in net worth-are
investing more heavily in alternatives than ever before and expecting
larger rates of return, according to a new study.
The Democrats' plan for U.S. tax policy comes down to two simple,
politically popular statements: Raise taxes on the rich. Protect tax
breaks for everyone else.
by
Karen DeMasters
More than a year after she completed the sale of the Institute of Private Investors (IPI) to
Campden Media, Charlotte Beyer, a founder of IPI, has stepped down as CEO.
Citigroup Inc.'s
private bank is pulling about $500 million from Paulson & Co., according to two people familiar with the matter.
by
Karen DeMasters
Optivest Inc., a regional multifamily office that represents almost 60
affluent families, is partnering with SageView Advisory Group, an institutional pension advisor.
by Jerilyn Klein Bier
Faith-based investing firm Everence is taking an active role in this emerging investing space.
UBS AG is
starting a unit aimed at quantitative hedge funds that combines prime
brokerage and services from its direct execution trading business.
UBS AG Chief
Investment Officer Alexander Friedman is masterminding a push by
Switzerland's biggest bank to develop a performance track record as Swiss secrecy erodes.
