Global Wealth Soars To $317 Trillion, U.S. Largest At $98 Trillion

Global wealth reached $317 trillion this year, a figure that is 18 times the size of the U.S. gross domestic product. The number rose 4.6% from last year. The nation with the most wealth is the U.S.........»»

Global wealth reached $317 trillion this year, a figure 18 times the size of the US gross domestic product. The number rose 4.6%.....»»

For the first quarter of 2020, investors withdrew a net $33 billion, or 1% of the global industry capital of $2.96 trillion, from hedge funds, Bloomberg reported, citing a Hedge Fund Research Inc. report released Wednesday. read more.....»»

Norway's sovereign wealth fund, the world's largest, has lost 1.33 trillion Norwegian crowns ($124 billion) so far this year as stock markets have plunged due to the coronavirus pandemic, it said on Thursday......»»

The Median US Stock Is Now Down 50% From Its Highs As World Loses $25 Trillion In A Month Global stock and bond markets have seen $25 trillion of 'paper' wealth erased in the last month, wiping out all the.....»»

Brendan McDermid/Reuters Stocks plunged last week over escalating fears of the coronavirus' spread and the damage it could inflict on global economies. The market sell-off erased $6 trillion of market value, according to S&P Dow Jone.....»»

Coronavirus panic sent world stock markets tumbling again on Friday, with an index of global stocks setting its largest weekly fall since the 2008 global financial crisis, and over $5 trillion wiped from global market value this week......»»

Coronavirus panic sent world stock markets tumbling again on Friday, putting them on course for their largest weekly fall since the 2008 global financial crisis, with over $5 trillion wiped from global market value so far this week......»»

Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition......»»

Saudi Aramco shares surged after its initial public offering, valuing the oil producer at a record $1.88 trillion and lifting Saudi Arabia’s stock market into the ranks of the world’s largest......»»

CEO Of World's Largest Sovereign Wealth Fund Steps Down After Trillion-Dollar Milestone The CEO of the world's largest sovereign wealth fund has quit just as its total AUM broke above $1.1 trillion for.....»»

BlackRock Inc , the world's largest asset manager, exceeded analysts' estimates for quarterly profit on Tuesday, as investors poured money into its fixed-income funds and cash management business amid worries about global growth......»»

Norway's $1 trillion sovereign wealth fund, the world's largest, should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday......»»

Norway's $1 trillion sovereign wealth fund, the world's largest, should reduce its exposure to European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday......»»

In 2018, worldwide military spending hit $1.8 trillion, the largest amount since the end of the Cold War and 75% higher than 1998&#.....»»

Norway's $1-trillion-plus sovereign wealth fund, the world's largest, may seek to shift the balance of its investments between Europe, the Americas and Asia, a senior official said on Wednesday......»»

Norway's $1.1 trillion sovereign wealth fund, the world's largest, benefited from a strong finish to the second quarter to post a 3% return on investment, buoyed by U.S. tech giants Microsoft and Facebook......»»

Just last month, BlackRock Inc. (NYSE: BLK), the parent company of iShares, the world's largest exchange traded funds issuer, said that global fixed income ETFs reached $1 trillion in combined assets under management. read more.....»»

The "deflationary i.....»»

China’s $7.6 trillion stock market is the world’s second largest but is far from the most sophisticated. Global investors have long clamored for improvements in one area in particular: the ability to hedge their investments. As index compilers be.....»»