The search for high returns in a low-interest-rate environment continues, so where do the ultra-rich invest their riches? UBS Chief Investment Officer Simon Smiles manages the wealth of ultrahigh net-worth individuals and discusses where his clients are investing.
Where Do the Ultra-Rich Invest Their Money?
Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More