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Merrill Lynch

World Wealth Report shows unprecedented decline

June 25, 2009

Ultra high net worth individuals have been the biggest losers as an unprecedented decline in the number and wealth of the world's richest people has wiped out much of the wealth gained in the past three years, according to the 2009 World Wealth Report.

Dolans say Cablevision subsidiaries not for sale

May 12, 2009

Cablevision, the US-based media and entertainment company owned by the Dolan family, has quashed rumours it is looking to spin off parts of its vast empire.

Last week, the company announced that its board of directors had authorised management to explore the possibility of spinning off the Madison Square Garden business, which includes its sports teams the New York Knicks, Rangers and Liberty. Cablevision's share price soared nearly 20% on the news.

Why European SFOs are optimistic about the future

March 12, 2009

While commentators, politicians and much of the general public remain unsure about what will happen to the global economy in the short term, single family offices in Europe remain upbeat and believe that the present crises can be survived.

European SFOs shun equities amid global economic crisis

March 9, 2009

The second annual report by Merrill Lynch and Campden Research has found that Europe’s single family offices responded to the economic crisis in 2008 by pulling their money out of equities and putting it into cash.

The second annual report by Merrill Lynch and Campden Research has found that Europe's single family offices responded to the economic crisis in 2008 by pulling their money out of equities and putting it into cash.

Dolan family hires top investment banker

January 15, 2009

Cablevision, the family-controlled telecommunications, media and entertainment company, has hired a top Merrill Lynch executive to work on the company's overall corporate strategy.

Reporting to president and CEO James L Dolan (pictured), Gregg Seibert will join Cablevision as an executive vice president and oversee its treasury and investor relations functions.

World’s wealthiest continue rapid rise

June 24, 2008

The overall trend of increased global wealth continues despite the slowdown in the global economy, according to the 2008 World Wealth Report by Capgemini and Merrill Lynch.

The overall trend of increased global wealth continues despite the slowdown in the global economy, according to the 2008 World Wealth Report by Capgemini and Merrill Lynch. The wealth of the world’s richest citizens is up 9.4% to $40.7 trillion, with the average wealth of a high net worth individual surpassing $4 million for the first time.

Taking the commodities bull by the horns

May 1, 2007

Commodities have shown impressive rates of return for wily investors over the past few years. But what is the prospect of this trend continuing? John Adams investigates the role of China and asks whether investors should get in while the going’s good

John Adams is a freelance journalist based in the UK.

Swiss private banking: A Swiss puzzle

May 1, 2004

One third of all money placed offshore is managed by the Swiss financial sector. No other jurisdiction comes close to matching or challenging the dominance of Switzerland. Bob Reynolds reports

Bob Reynolds is consultant editor of Offshore Red magazine.

One third of all money placed offshore is managed by the Swiss financial sector. No other jurisdiction comes close to matching or challenging the dominance of Switzerland. Bob Reynolds reports

According to a report released by Gemini Consulting, the amount of money deposited in the world's 4,000 private institutions has increased steadily over the past decade.