The importance of local knowledge
Synergy Asset Management is a Geneva-based family office that manages money for several high net worth families in the Middle East and Europe. In 2008, Synergy, together with some private investors, set up the Landmark Real Estate Fund, a Swiss-based real estate investment fund that aims to provide solid, low-risk, steady returns in commercial and residential investment opportunities in Switzerland and other parts of Europe.
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![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Death of a merger
Fortis Bank was close to bankruptcy in 2008 after a combination of risky initiatives and the financial crisis depleted the company’s assets. One of these initiatives was the failed merger with a Dutch banking giant, ABN Amro, says Antonio Nieto-Rodriguez, head of transversal portfolio management at BNP Paribas Fortis in Belgium.
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![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Good idea, bad timing
“Fail early and fail cheap,” is the motto at Suncorp, a financial services firm in Brisbane, Australia. If a project is floundering, the project’s executive sponsor is expected to identify the problem and make a decision about what to do before major resources are wasted.
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![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Responding to the unexpected at HSBC
Identifying and responding to unexpected events and emerging threats is a key responsibility for risk management, yet it is one with which many companies continue to struggle. Just 37% of respondents say that their organisation is effective at anticipating and measuring emerging risks. They also find it difficult to react promptly when the unexpected strikes. Only a slim majority of 55% say that their company's risk
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![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Death of a merger
Fortis Bank was close to bankruptcy in 2008 after a combination of risky initiatives and the financial crisis depleted the company’s assets. One of these initiatives was the failed merger with a Dutch banking giant, ABN Amro, says Antonio Nieto-Rodriguez, head of transversal portfolio management at BNP Paribas Fortis in Belgium.
Related content
![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Good idea, bad timing
“Fail early and fail cheap,” is the motto at Suncorp, a financial services firm in Brisbane, Australia. If a project is floundering, the project’s executive sponsor is expected to identify the problem and make a decision about what to do before major resources are wasted.
Related content
![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
The importance of local knowledge
Synergy Asset Management is a Geneva-based family office that manages money for several high net worth families in the Middle East and Europe. In 2008, Synergy, together with some private investors, set up the Landmark Real Estate Fund, a Swiss-based real estate investment fund that aims to provide solid, low-risk, steady returns in commercial and residential investment opportunities in Switzerland and other parts of Europe.
Related content
![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
A longer-term perspective
The current financial and economic crisis has changed the way that investors view their investments, according to Guillaume Taylor, a Partner at de Pury Pictet Turrettini & Co. Ltd. (PPT), an independent financial wealth management firm based in Geneva. “Investors today are looking at performance over a much shorter time frame, and are much more concerned about liquidity,” he says. “These are aspects that we need to take into account when structuring portfolios currently."
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![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
A new economy brings a change of focus
Sterling Private Management Limited is a Hong Kong-based family office that manages the assets for members of the Chen family, a prominent Hong Kong family business that was a co-founder of Hang Lung, a publicly listed property company, among other business interests. For most of the past decade, Sterling pursued what was essentially an endowment model approach to managing the family’s assets. The goal was wealth preservation with growth, which was interpreted as a global balanced portfolio strategy.
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![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
2015 CFO Outlook Asia
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![Global wealth: Future-proofing prosperity Global wealth: Future-proofing prosperity](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/hero_images_2.png?itok=ryab_8yt)
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.
Click the thumbnail below to download the global executive summary.
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.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/westpac%20hero%20image_0.png?itok=h9CwEJ0E)
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.
Download report and watch video interview to learn more.
![](https://impact.econ-asia.com/perspectives/sites/default/files/styles/featured_thumbnail/public/KPMG%20Image.png?itok=55lRo_f-)
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.