Latest news with #superrich


Bloomberg
6 days ago
- Business
- Bloomberg
India's Super-Rich Spur a Wealth Management Frenzy
India's growing list of super-rich investors are reshaping the country's wealth management industry like never before. (Source: Bloomberg)


Daily Mail
28-05-2025
- Business
- Daily Mail
EXCLUSIVE Smug reason billionaires are boycotting the Hamptons as they flee to new summer haven
The rich and famous typically start flocking to the Hamptons on Memorial Day weekend - but this year, they're heading to far more exclusive locales. Rather than head out to the Long Island's east end, celebrities and the super rich are making their way overseas.


Bloomberg
27-05-2025
- Business
- Bloomberg
Santander Setting Up Miami, Switzerland Offices for Super-Rich
Banco Santander SA 's new wealth consultancy services for super-rich clients are set to reach Miami, Switzerland and Brazil after launching in Spain. The lender is setting up independent multifamily offices under the Beyond Wealth brand, people familiar with the plans said. The Spanish office is already registered and has 10 employees, charging clients annual fees of at least €100,000 ($114,000) for consultancy services, they said, asking not to be named discussing internal information.


Bloomberg
21-05-2025
- Business
- Bloomberg
UBS Family Office Clients Eye Hedge Fund Bets Amid Volatility
UBS Group AG 's family office clients are leaning into hedge fund allocations as they focus on more active strategies to help navigate the shifting macroeconomic landscape. Curbing passive investments and pursuing hedge fund allocations were among the most common ways for investment firms for the world's super-rich to enhance portfolio diversification, the Swiss bank said in a report on Wednesday. Global trade tensions were cited as their top financial risk.