Jun 28 2007 | 9:56am ET
Thanks to a strong global economy, the wealth of the world's high-net-worth individuals increased 11.4% to $37.2 trillion in 2006, according to a report by Merrill Lynch and Capgemini.
The number of worldwide high net worths (HNWs) increased 8.3% last year to 9.5 million and the number of ultra-high-net-worth individuals grew by 11.3% to 94,970.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…