In the realm of ultra-high-net-worth (UHNW) families, where fortunes often span multiple generations, the emergence of artificial intelligence (AI) is introducing both unprecedented opportunities and significant challenges in wealth management and succession planning. This transformative
In the rapidly evolving world of decentralized finance, crypto startups are constantly seeking innovative ways to manage their financial reserves and gain a competitive edge in a volatile market, with one approach generating significant buzz being the adoption of the Sui Treasury Strategy. This
In a significant development within the financial advisory sector, AssetMark has made strategic moves to amplify its presence and influence among Registered Investment Advisors (RIA). With the recent appointment of Phill Rogerson as the new head of RIA sales, the company aims to leverage his
Amundi, the asset management giant under the control of Credit Agricole, recently reported a dip in its second-quarter profit, which fell short of analyst expectations. This financial report illustrates a 4.5% decline in adjusted net income, dropping to 334 million euros, which is lower than the
Singapore's sovereign wealth fund, GIC, has made headlines with its decision to increase its allocation in US equities despite concerns about market valuations. By March 2025, GIC had raised its US equities allocation to 51% of its portfolio, an increase from 46% the previous year. This move comes
The New York State Common Retirement Fund (NYSCRF) has enacted a strategic pivot in its investment strategy, significantly amplifying its commitments to private equity. By emphasizing diversification in its portfolio, the fund aims to secure substantial long-term growth while managing risk
