Friday, 2nd December 2022
<To guardian.ng
Search

World’s richest families stockpiling cash

By Bloomberg
05 October 2019   |   1:47 pm
360 global single- and multi-family offices were surveyed for the 2019 UBS Global Family Office Report, which was done in conjunction with Campden Research. A majority expect the global economy to enter a recession by 2020, with the highest percentage of gloomy respondents in emerging markets. About 42% of family offices around the world are raising cash reserves. Bloomberg's Tom Metcalf and Lisa Abramowicz speak on "Bloomberg Money Undercover"

Related

3 Jul 2021
The Netherlands has become a major gateway for drugs into Europe, mainly through the major international port city of Rotterdam.
2 Jul 2021
Watch till the very end to see how arguably the best pound-for-pound mixed martial artist in the world and UFC welterweight champion, Kamaru 'The Nigerian Nightmare' Usman, translated the above sentence into English in this GuardianTV exclusive, in which he discusses life in and out of the octagon, his relationship with his parents and siblings, his daughter, and much more.⁣
11 Jul 2021
The parents of Ashleigh Barty cheer from across the globe as they watch their daughter hit the point that wins her Wimbledon. They celebrated her win with a glass of champagne - or two.
12 Jul 2021
The chief of Kajuru, Alhaji Alhassan Adamu, and 10 family members have been kidnapped. Police have deployed rescue operations in Kaduna state.
28 Jul 2021
Triathlete Flora Duffy has made history as the first person from Bermuda to win gold at the Olympics. Her parents describe in an interview from Bermuda how they were blown away by the crowd watching her at a pub on the tiny island.
15 Aug 2021
Moscow does not financially support any other country as generously as it does Belarus. DW spoke with economic experts to learn about this lopsided relationship, and the strain it places on the Russian budget.
6 Aug 2021
Only shrubs grew naturally in the sandy acid soil that farmer Volker Miros chose as a site to test the potential for truffle production in South Africa. After years of trial and error, today Miros is a pioneer of South Africa's budding truffle cultivation industry.
16 Aug 2021
At least four children died after a grenade attack on a truck in Karachi occurred late on Saturday. The onslaught is being viewed as a way of sabotaging Pakistan's independence day commemorations.
18 Aug 2021
Afghan refugees in India say they are worried about their family members back home, as many are unable to leave the country. Ayaan Rashid, an Afghan refugee in India, says his family in Kabul tried to get out, but they could not. He says that under Taliban rule, women will have no rights and "the whole country for all women is a jail".
5 Sep 2021
Afghans are struggling to get cash with banks still closed following the Taliban's takeover of the country. "I've been coming to the bank for four days now but I can't get my own money," says one resident.
22 Sep 2021
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣⁣
27 Sep 2021
Bundestag parliamentarians are paid by the state so that they do not need a second job. But many still find ways to make an additional income — that is now being significantly restricted.