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The Millennium Generation: Who Changes the World of Financial Services
How and in what are young people who grew up in the digital age ready to invest
Without irony, a woman who seeks to change the world of financial services gives us an interview in a conference room named after her by Warren Buffet, who does not trust new technologies. She lists applications that have changed the way she communicates with the world for her generation: Uber for transport, Tinder for dates, and even Washio for laundry and dry cleaning. “By pressing the buttons on our phones, we can do whatever we need when we feel comfortable,” says a thirty-year-old New Yorker with a name more suitable for an eighty-year-old baroness. Continue reading
“Money is the best motivation.” 10 career rules from a partner at UFG Wealth Management
UFG Wealth Management is the first independent family office in Russia. The company was founded in 2005 as a new direction in the investment company UFG Asset Management and in 2006 transformed into a separate business. Over the next 10 years, the company opened offices in Cyprus and Luxembourg, launched two hedge funds in Bermuda, increased revenues by more than 10 times, and Oksana Kuchura became a full partner with two male experts. Here are her 10 commandments for a successful career.
1. Think about how you will make money
Formulate realistic, but not very achievable goals at this stage and think of steps for their implementation, so that in a few years you can satisfy your basic necessities of life. No need to rely on dad or a rich husband. Continue reading
Smart money. Six major financial technologies this year
In 2017, the total investment in fintech – “smart” online services that help ordinary users and professional market participants manage finances – amounted to $ 27.4 billion, according to Accenture consulting company. This is 18% more than in 2016.
According to the compilers of the list of the most promising fintech projects of The Forbes Fintech 50 – 2018, in the US financial services are already formidable rivals to the local banking sector with a market capitalization of $ 8.5 trillion. Fintech not only changes the behavior of consumers in all areas of personal finance from saving capital to borrowing or accumulating it, but also transforms the financial market itself. In this industry, there are more and more solutions designed for professional participants – banks, investment companies, hedge funds. Continue reading
