Number of Ultra High Net Worth individuals in America

Did you know that there were 73,110 ultra-high-net-worth (UHNW) individuals in America in 2016, an increase of 6.7% from the year before, out of a global UHNW population of 226,450 individuals classified as Ultra High Net Worth with $30 million or more net worth. During our day to day business of coaching and consulting with investment managers all over the world, we often have to counsel them that they are indeed barking up the wrong tree. So many emerging managers, be they hedge funds, private equity funds or venture capital funds and investment advisors find themselves struggling because their message is weak, their identity and vision is obscured and diluted by ‘politically correctified beigeness’.  They are usually struggling to raise assets and have a complete identity crisis as to whether they are in a B2B business (is that a B2FoF, B2E, B2C, B2FO business) or a B2C business. Contact me to talk more about this, I will expla

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China Investment Corporation continues its Hedge Fund investment programme

China’s $930 billion sovereign wealth fund is maintaining its allocations to hedge funds near current levels thanks to their “very high” risk-adjusted returns ..

Hedge funds have delivered China Investment Corp. a higher Sharpe ratio than any other asset class in its public-market portfolio, said Fan Hua, head of asset

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Paul Tudor Jones being interviewed by Goldman Sachs CEO Lloyd Blankfein

As you know – we are huge fans of PTJ – Paul Tudor Jones who has been successfully trading since he started Tudor in 1980. Tony Robbins has been coaching him every single week for something like 25 plus years. Here is the ever so humble and shy yet lethal Paul Tudor Jones being interviewed by Goldman Sachs CEO Lloyd Blankfein. Its a masterful demonstration of someone who has harnessed an authentic identity and is comfortable in his skin.

Click here to visit the original video and notes from Goldman Sachs

Click here to read all about Just Capital:  JUST Capital was co-founded in 2013 by a group of concerned people from the world of business, finance, and civil society – including Paul Tudor Jones II, Deepak Chopra, Rinaldo Brutoco, Arianna Huffington, Paul Scialla, and others. By es

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Hong Kong still growing as Asia’s regional wealth hub

Hong Kong is poised to expand as a global hub of private wealth management, thanks to robust GDP growth, increased levels of personal savings and an upsurge of self-made billionaires across the Asia Pacific region. Having lived and built several asset management businesses in the area for almost ten years, I monitor the region closely and maintain many connections with friends and business partners in the region.

Thanks to strong GDP growth, higher levels of personal savings and many more self-made billionaires across Asia, there are now more wealthy families and individuals in the region than in North America or any other emerging countries in the world. And Hong Kong can capture much of their need for private wealth management – a sector of financial services poised to undergo tremendous growth.

According to a recent report by PwC and Hong Kong-based Private Wealth Management Association (PWMA), 10 of the 30 glo

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