Latest news with #UBS
Business Insider
3 hours ago
- Business
- Business Insider
Furukawa Electric Co (FUWAF) Gets a Hold from UBS
UBS analyst Harunobu Goroh maintained a Hold rating on Furukawa Electric Co (FUWAF – Research Report) today and set a price target of Yen6,870.00. The company's shares closed last Tuesday at $48.30. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Goroh covers the Industrials sector, focusing on stocks such as Furukawa Electric Co, Itochu, and Mitsui & Co. According to TipRanks, Goroh has an average return of 4.3% and a 66.67% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Furukawa Electric Co with a $31.70 average price target. Based on Furukawa Electric Co's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $311.65 billion and a net profit of $5.17 billion. In comparison, last year the company earned a revenue of $262.19 billion and had a GAAP net loss of $2.38 billion
Business Insider
3 hours ago
- Business
- Business Insider
UBS Sticks to Their Buy Rating for Takeuchi Mfg.Co., Ltd. (6432)
UBS analyst Tsubasa Sasaki maintained a Buy rating on Takeuchi Ltd. (6432 – Research Report) today and set a price target of Yen5,540.00. The company's shares closed today at Yen4,400.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Sasaki is a 3-star analyst with an average return of 6.2% and a 50.00% success rate. Sasaki covers the Industrials sector, focusing on stocks such as Makino Milling Machine Co, AMADA HOLDINGS CO, and Hitachi Construction Machinery Co. The word on The Street in general, suggests a Hold analyst consensus rating for Takeuchi Ltd..
Business Insider
3 hours ago
- Business
- Business Insider
Fujikura Ltd (FJK) Gets a Buy from UBS
UBS analyst Harunobu Goroh maintained a Buy rating on Fujikura Ltd (FJK – Research Report) today and set a price target of Yen7,640.00. The company's shares closed yesterday at €40.20. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Goroh is a 2-star analyst with an average return of 4.3% and a 66.67% success rate. Goroh covers the Industrials sector, focusing on stocks such as Furukawa Electric Co, Itochu, and Mitsui & Co. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fujikura Ltd with a €43.61 average price target. The company has a one-year high of €46.40 and a one-year low of €13.60. Currently, Fujikura Ltd has an average volume of 350.
The Citizen
12 hours ago
- Business
- The Citizen
Global Wealth Report: More dollar millionaires in SA, but also bigger inequality
The latest Global Wealth Report shows that the world became richer but it is a mixed picture, with most of the growth in North America. The Global Wealth Report for 2025 shows an increase in global wealth, but unfortunately South Africa did not share in this growth, while the country continues to be one of the most unequal countries in the world. It did, however, see an increase in dollar millionaires. UBS, a wealth manager and universal bank in Switzerland, compiles the Global Wealth Report with insights into personal wealth. The latest edition analyses 56 markets, estimated to represent over 92% of the world's wealth. The world's wealth landscape continued to evolve In a year marked by shifting economic tides and the data in the report echoes this. According to the report, global wealth increased by 4.6% in 2024 after a 4.2% increase in 2023, but it also shows that South Africa experienced negative real growth in average wealth per adult in 2023 and 2024. South Africa finds itself among the countries in negative territory for average as well as median wealth growth, alongside countries such as India, the UAE and Turkey. ALSO READ: SA still the most unequal country in the world – Oxfam Global Wealth Report shows inequality in SA In addition, South Africa ranked third-highest in the world for wealth inequality, with a Gini Coefficient of 0.81, just behind Brazil (0.82) and Russia (0.82), and equal to the UAE. This chart shows the wealth inequality in the world: ALSO READ: Six South Africans on Forbes Real-Time Billionaire list Global Wealth Report also had good news for SA However, South Africa did see a positive increase in dollar millionaires with a growth rate just under 2% but still indicating increasing upper-tier wealth and supporting the wider Everyday Millionaire trend. As an emerging market, South Africa is listed as one of the 15 emerging economies that collectively hold up to 30% of global wealth as of 2024, a statistic that has remained relatively flat since 2017. Iqbal Khan, co-president of UBS Global Wealth Management, says the speed of growth was far from uniform, largely tilted towards North America, with the Americas overall accounting for the majority of the increase, with more than 11%. 'A stable US dollar and buoyant financial markets were key contributors to this growth. Asia-Pacific and Europe, the Middle East and Africa (EMEA) were lagging behind, with growth rates of below 3% and less than 0.5% respectively.' ALSO READ: Where do the super-rich in SA live? Trends identified in the Global Wealth Report The 16th edition of the Global Wealth Report highlights these regional and demographic themes: Adults in North America were the wealthiest on average ($593 347) in 2024, followed by Oceania ($496 696) and Western Europe ($287 688). However, measured in US dollar, in real terms over half of the 56 markets in the sample not only did not take part in the world's growth last year, but saw their average wealth per adult decline. Despite this, Switzerland continued to top the list for average wealth per adult on an individual market level, followed by the US, Hong Kong and Luxembourg. Denmark, South Korea, Sweden, Ireland, Poland and Croatia recorded the biggest increases in average wealth, all growing at double-digit rates when measured in local currencies. The number of dollar millionaires increased by 1.2% in 2024, an increase of more than 684 000 people compared to the previous year, with the US adding over 379 000 new millionaires – more than 1 000 a day. The US, mainland China and France had the highest number of dollar millionaires, with the US accounting for almost 40% of global millionaires. There has been a marked and consistent increase in wealth all across the world over the past 25 years, both overall and in each main region individually. Total wealth increased at a compound annual growth rate of 3.4% since 2000. This decade, the wealth band below $10 000 ceased to be the most populated one in the sample, overtaken by the next-higher band between $10 000 and $100 000. Over the next five years, the report's projections for average wealth per adult point to continued growth, with the expansion led by the US as well as Greater China, Latin America and Oceania. ALSO READ: Bill Gates explains why his children will inherit less than 1% of his wealth This chart shows the change in total personal wealth from 203 to 2024: Khan also points out that this year's report highlights the rise of the Everyday MILLIonaire (EMILLIs), everyday millionaires with investable assets of between $1 million to $5 million. Their numbers have more than quadrupled since 2000, reaching around 52 million globally by the end of last year. This group now accounts for approximately $107 trillion in total wealth, approaching the $119 trillion held by individuals with over $5 million in assets. Khan says the growth of this segment has largely been driven by increasing real estate prices and exchange rate effects. 'Despite regional differences, the long-term upward trend in the Everyday Millionaire group is visible around the globe.' ALSO READ: Want to build wealth? This is how Differences in wealth distribution among generations The Global Wealth Report also highlights the differences in wealth distribution among generations in the US. It shows that Millennials (born after 1981) have the highest proportion of their assets in consumer durables and real estate and invest more heavily in private businesses. Baby Boomers (born between 1946 and 1964) hold over $83 trillion in net wealth, far surpassing Generation X (born between 1965 and 1980), the Silent Generation (born before 1945) and Millennials. Khan points out that globally, wealth allocation also varies, with the US standing out with its high allocation in financial investments, Australia in real estate and Singapore in insurance and pensions. 'Over the next 20–25 years, more than $83 trillion is expected to be transferred, with $9 trillion moving horizontally between spouses and $74 trillion moving between generations. The largest volume of wealth transfers is anticipated in the US of over $29 trillion, Brazil with nearly $9 trillion and mainland China with more than $5 trillion). ALSO READ: Wealth gap widens, ANC dodges wealth tax Global wealth expected to grow Robert Karofsky, co-president of UBS Global Wealth Management, says with global wealth expected to continue to grow, the ability to manage that wealth in a dynamic and complex financial environment becomes even more important, requiring strategic foresight and expert guidance. Paul Donovan, chief economist at UBS Global Wealth Management, notes that wealth is not just an economic measure but a social and political force. 'As we navigate the fourth industrial revolution and increasing public debt, the way wealth is distributed and transferred will shape opportunity, policy and progress. 'This year's report underscores the evolutionary shifts in wealth ownership, especially the growing influence of women and the enduring importance of property and long-term asset trends.'
Yahoo
14 hours ago
- Business
- Yahoo
Wealth with aim: Purpose, Philanthropy, and Lasting Impact
Bradley Russell, head of Manchester and the North West at UBS Global Wealth Management, discusses how philanthropy, social impact, and legacy are transforming the future of wealth management and why clients are increasingly connecting capital with purpose. When Russell joined UBS Global Wealth Management, he was looking for more than a strong platform for financial advisory. He was seeking a firm where philanthropy wasn't treated as a footnote to wealth but as an essential part of it. 'One of the reasons I joined UBS is because philanthropy and social impact are embedded in how we work with clients from the very beginning,' says Russell. 'These are not side conversations. In fact, they often spark deeper reflections on legacy and purpose.' This approach is grounded in the belief that wealth should serve more than material ends. For Russell, it's about channelling financial success into meaningful, long-term change. 'To me, turning wealth into meaningful change means using capital intentionally, not just to achieve financial goals but to create a lasting, purpose-driven legacy,' he explains. 'That might involve investing in long-term solutions to systemic issues, supporting causes that reflect a client's values, or building something that benefits future generations.' UBS supports this vision by offering clients access to philanthropy specialists, global insights, and curated giving opportunities through its UBS Optimus Foundation, resources that make thoughtful giving both accessible and impactful. In the North West, Russell sees strong interest from clients in tackling inequality, especially in education, a sector where philanthropy can deliver measurable, transformative outcomes. 'The UBS Optimus Foundation's UK Education Collective Portfolio helps clients support organisations that are delivering meaningful and measurable improvements in education,' he says. He adds: 'The portfolio consists of partners that collectively are working to tackle educational disadvantage in the UK. It takes a holistic approach to dismantling barriers to education, both within and outside of school and across all stages of a child's education journey.' One such partner is OnSide Youth Zones, a national charity that creates high-quality youth centres in underserved areas. These spaces offer mentorship, community, and practical support for young people navigating some of the most difficult social circumstances. 'For example, we partner with OnSide Youth Zones... These centres offer young people a place to grow, connect with role models, and access opportunities that help them realise their full potential. It is a great example of how philanthropy and investment can work together to level the playing field.' The Education Collective focuses on three core areas: Early Childhood Development; Foundational Skills (such as literacy and numeracy); and Transitions, both between educational stages and from school to employment. This comprehensive strategy is designed to address root causes, not just symptoms. 'UBS also believes that place matters, that sustainable change requires social impact organisations to contextualise their work, and work in partnership with and learning from the communities they are looking to support,' says Russell. 'Particularly for the most disadvantaged communities, where a place-based change approach can be particularly impactful.' What sets UBS apart from its private banking peers, Russell argues, is the scale and structure of its philanthropic infrastructure. 'Philanthropy is no longer a side conversation in wealth management. It has become a core pillar of how today's families define purpose and legacy. Nowhere is that clearer than at UBS, where the UBS Optimus Foundation (UBS OF), its in-house foundation staffed with philanthropy experts, has turned client generosity into a global engine for impact,' he says. Founded in 1999, the UBS Optimus Foundation has raised nearly $2bn to date. But behind the numbers lies a deeper commitment: a dedicated network of nine local foundations and over 125 philanthropy professionals who actively manage a live pipeline of 370 programmes around the world. These include both grants and social finance investments across areas such as health, education, climate, and crisis response. 'For clients, this offers something few private-bank peers can match direct access to a pipeline of projects that have been vetted for impact and have reached over 44 million beneficiaries worldwide since 2014.' This model of embedded expertise and strategic giving allows clients to not only fund important causes, but to do so with confidence in the outcomes. 'It's purpose-built,' shares Russell. 'And it's making a measurable difference.' Looking to the future, Russell identifies several key trends that are redefining what wealth means, and what it's for. 'One of the most significant changes ahead is the great wealth transfer. Over the next 20 years, according to the recent UBS Global Wealth Report, around $83tn is expected to pass from older generations to their heirs. This shift is not just financial; it is already transforming the way people think about wealth and legacy,' he notes. Before this generational handover, an estimated $9tn will move between spouses often resulting in women becoming the primary wealth holders. This demographic shift is already influencing investment priorities. 'Because women are often outliving men, we are seeing more women becoming the primary wealth holder, which is bringing a renewed focus on values, long-term goals, and social impact.' Meanwhile, younger inheritors are carving out new paths. 'They are not always following in their parents' footsteps. Many are choosing to invest in ventures that align with their personal beliefs, from sustainability and social enterprise to purpose-led start-ups. Some are using their inheritance to back causes that matter deeply to them, rather than continuing with traditional business interests.' These shifts are forcing the wealth management industry to evolve. Clients no longer want to simply preserve and grow capital; they want to shape the world with it. 'Clients increasingly want their wealth to reflect who they are, not just what they own. Leaving a meaningful legacy is becoming central to how success is defined,' says Russell. 'At UBS, we help clients bring their purpose into focus, whether through tailored strategies or collective giving platforms like the UBS Optimus Foundation. It is about connecting capital with intention and building a legacy that has meaning far beyond numbers.' "Wealth with aim: Purpose, Philanthropy, and Lasting Impact" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
