Distance from All-Time Highs

Who Is Absent (For Now) From The Record High Party?

Tyler Durden on 03/07/2013 18:06 -0500
Four years from the lows and with US risk assets melting up, BAML notes that at this rate the S&P 500 will end 2013 above 2013! The low growth, high liquidity environment has, however, only benefitted some asset classes. As the following table shows, there are a few markets that have a long way to go still…


Future female billionaires most likely to be Asian

Future female billionaires most likely to be Asian

By Joe Marsh | 8 March 2013 (1 hour ago)
However, more support is still needed for women entrepreneurs in the region. Such are the findings of two new studies.

0_280_440_http-__i.haymarket.net.au_News_20130307104110_Vera_Wang_2009 crop

Vera Wang, with $790 million in net worth, is likely to be a billionaire soon, says Wealth-X

On the one hand, Asian women are growing richer quicker than their peers elsewhere in the world, while on the other there are fewer female business owners in Asia than male ones, and more support is needed for female entrepreneurs.

The first conclusion comes from ultra-high-net-worth research firm Wealth-X, the second from a study carried out by UK bank Barclays.

Of the top 13 women most likely to become the next female billionaires, more than 60% are from Asia, notes Wealth-X, “mirroring the ‘emerging’ theme seen across other sectors”. Read more of this post

%d bloggers like this: