Opening keynote introduction: confronting the challenges of tomorrow's world
Insurance 2015
Paul Fisher joined the Bank in 1990, having previously worked at the University of Warwick between 1980 and 1990 where he specialised in research on macroeconomic models. He has been part of the Bank's senior staff since 1995, positions including; Executive Director, Markets and member of the Monetary Policy Committee, Member of the Interim Financial Policy Committee, Head of Foreign Exchange Division, Private Secretary to the late Governor, Sir Edward George and Head of the Conjunctural Assessment and Projections Division. Mr Fisher has written extensively on the Bank’s operations, monetary policy, financial markets, exchange rates and modelling of the UK economy. He is also chairman of the ifs University College at a visiting professor at Richmond, the American International University in London.
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The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
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Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
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