“In searching for an appropriate global equity manager to partner with, we sought a manager with a strong track-record, high quality people, a research edge and a philosophical alignment with Harbour.”
According to McKinsey & Company, some 60% of China's high-income earners have assets abroad, and their overseas investments account for 10% of their total assets.
The British Virgin Islands is the world's leading corporate domicile, with approximately 454,000 active companies and over 500 active limited partnerships.
With the acquisition, Wealth-X will employ more than 250 professionals across offices in 13 cities, including London, Singapore and New York.
Average prices for Armani, Burj Khalifa, Dubai, is Dh6,000 psf; World One, Mumbai, is Dh4,400 psf
Following closely behind him is Alibaba chairman Jack Ma, whose net worth has surged to US$26.5 billion in the wake of the e-commerce giant's 2014 IPO, the largest in history.
Hana Bank has been named the Best Private Bank in Korea 7 times in a row, from 2005 to 2011, and this is the 8th time this year.