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Historic $90 Trillion Wealth Transfer To Millennials Will Make Them The Wealthiest Generation Ever, Says Report
Sunday, March 3, 2024 - 2:08pm | 416The U.S. is on the cusp of a monumental wealth transfer, poised to forge the wealthiest generation in history, a new report by global real estate consultancy Knight Frank reveals. Over the next two decades, baby boomers are set to pass down an astonishing $90 trillion in assets to millennials,...
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Hong Kong Unveils Sweeping Changes To Boost Real Estate, Scraps All Property Tightening Measures
Wednesday, February 28, 2024 - 5:18am | 813In a bid to reinvigorate its economy, Hong Kong has decided to eliminate all property tightening measures. This move is expected to stimulate the real estate market, which has been struggling due to a variety of economic and political challenges. What Happened: The financial hub of Hong Kong has...
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Wealth Trends In 2023: This Is Most Favorable, Says Sheldon Halcrow
Friday, April 28, 2023 - 10:13am | 462As we barrel into 2023, investors around the world are keen to identify opportunities to grow their wealth in what is shaping up to be a volatile economic environment. According to Sheldon Halcrow, CEO of Caleo Capital, real estate remains a highly favorable investment opportunity for wealthy...
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If We Get A Recession In 2023, Here's Where To Invest: David Bailin
Friday, March 24, 2023 - 11:31am | 410As the world braces for a possible recession in 2023, many investors are wondering where to turn to secure their wealth. According to David Bailin, Chief Investment Officer at Citigroup Inc Global Wealth, real estate may be the key to weathering the storm. In a recent interview for Knight...
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Nearly Half Of World's 10 Leading Wealth Advisors Say The Money Making Opportunity Is Here
Friday, March 24, 2023 - 10:58am | 371Real estate has long been a favored investment among the wealthy, and according to Knight Frank's 2023 Wealth Report, the trend is set to continue in the coming year. In fact, real estate was cited as the top investment opportunity by 46% of survey respondents, who are the top wealth...
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Citi Global Wealth CIO Says This Is The Biggest Money Making Opportunity For 2023
Tuesday, March 21, 2023 - 11:44am | 359The world of investments is a constantly shifting landscape, and it can be difficult to predict the road ahead. However, the latest insights from the panel of ten leading wealth advisors featured in Knight Frank's 2023 Wealth Report give investors reason to be optimistic. According to the...
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How Did 4 In 10 Ultra-Rich People Get Even Richer Last Year? Real Estate
Tuesday, March 7, 2023 - 3:53pm | 580The Collins English Dictionary dubbed 2022 as the year of the “Permacrisis,” defined as an “extended period of instability and insecurity.” And, looking back — it seems to be a fitting word as while the U.S. emerged from the Covid-19 crisis, the pandemic ended a period...