Welcome to Waltonville, Where the Worlds Richest Family Reigns
July 10, 2018

The largest family fortune on earth is run out of two floors of unmarked suites in Bentonville, Arkansas.

The building is a discreet nerve center for the Walton family’s $152 billion hoard. There are plenty more overt signs of their Continue reading

$1 Trillion Fund Committed to U.K. No Matter What Brexit Outcome
March 28, 2018

The world’s biggest sovereign wealth fund will continue to invest in the U.K. no matter what the outcome of Brexit talks.

“We remain a long-term and committed investor in the U.K. in all asset classes,” Norges Bank Investment Management’s Chief Continue reading

For Chinas Wealthy, Singapore Is the New Hong Kong
February 11, 2018

When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as Continue reading

Americas Inequality Machine Is Sending the Dow Soaring
January 5, 2018

The Great Recession is a speck in the rear-view mirror for America’s financial markets. They’ve advanced far beyond pre-crisis levels. In fact, Goldman Sachs says you can go back a century before 2008, and still not find a “bull market Continue reading

The Worlds Biggest Wealth Manager Wont Touch Bitcoin
November 24, 2017

UBS Group AG, the world’s largest wealth manager, isn’t prepared to make portfolio allocations to bitcoin because of a lack of government oversight, the bank’s chief investment officer said.

Bitcoin has also not reached the critical mass to be Continue reading

Worlds Biggest Wealth Fund Wants Out of Oil and Gas
November 19, 2017

The $1 trillion fund that Norway has amassed pumping oil and gas over the past two decades wants out of petroleum stocks.  

Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to Continue reading