Tuesday 29 July 2014
High net worth individuals

Number of HNWIs in Africa to double by 2023

The number of ultra high net worth individuals (UHNWIs) in Africa will increase by 53 per cent taking the total to 2,858 by 2023, a report said. The number if multi-millionaires in Africa will grow at a faster rate than anywhere e


Zurich launches custom insurance products

Zurich, one of the world’s leading insurance groups, has launched a range of insurance products built specifically for high net worth individuals. The products are designed to meet the unique needs of this niche group of customers, and are


Mideast HNWIs wealth surges to $1.7trn

The Middle East witnessed one of the biggest growth in high net worth individuals (HNWIs) population which surged by 10.4 per cent to 440,000, and their combined wealth increasing by 12.5 per cent to $1.7 trillion, said a report. The


Merrill Lynch names ME financial advisor

Merrill Lynch Wealth Management has appointed Richard Anooshian as a London-based financial advisor focusing on Middle East high net worth and ultra high net worth individuals. Merrill Lynch Wealth Management provides solutions to Middle E


Middle East wealthy rise 7.1pc in 2009

The total HNWI (high net worth individuals) population in the Middle East rose 7.1 per cent to 400,000, returning to 2007 levels, and their combined wealth increased 5.1 per cent to $1.5 trillion, a report said. The 14th annual World Wealt


Merrill Lynch program for clients' children

Merrill Lynch’s Global Private Client (GPC) group recently hosted a Global Investing Programme in London for the children of its ultra high net worth clients (UHNWI) from the Gulf region. The invitation-only programme, for those aged from

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