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More than half of wealthy investors worldwide expect to live 100 years, according to UBS Investor Watch. The study, which surveyed more than 5,000 investors in Germany, Hong Kong, Italy, Mexico, Singapore, Switzerland, Taiwan, the United States, the United Kingdom and the United Arab Emirates, found that U.S. investors were the most skeptical of it happening. ... Due Diligence Folks Long for More While due diligence and research teams in home offices wield more and more influence over the assets managers and funds that go on broker/dealers’ platforms, many of these professionals say their needs are unmet, according to a new study by DST’s research, analytics and consulting group. Specifically, these professionals long for asset managers to provide a robust digital experience. ... Enhanced Data Protection Regulations Are Around the Corner Wealth management firms with data linked to the European Union have just over a month to be in compliance with the EU’s new General Data Protection Regulation (GDPR), which goes into effect on May 25. Financial service providers that handle EU-linked personal data will be subject to GDPR rules, which are designed to be broad and far-reaching, regardless of the provider's physical location. ... |