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3 mentions found


☆ Meet the ex-Goldman wealth advisor who quit to solve Britain’s £567 billion gender investment gap
  + stars: | 2024-09-25 | by ( Sawdah Bhaimiya | ) www.cnbc.com   time to read: +3 min
Ayesha Ofori is a former Goldman Sachs wealth advisor who quit her high-profile job to resolve Britain's gender wealth gap, after realizing she had spent her career making rich men even richer. Ofori is the 40-year-old founder and CEO of female-focused financial investment platform, Propelle, which launched on Wednesday. Britain's gender investment gap currently stands at £567 billion — an increase of £54 billion between January 2023 and January 2024 — according to data from British financial research company Boring Money which surveyed over 6,000 adults in the U.K. It found that men have £1.01 trillion invested compared with £450 billion for women. The gender pensions gap refers to the differences in retirement income or retirement wealth between men and women.
Persons: Ayesha Ofori, Goldman Sachs, Propelle, Ofori, Stefan Bollinger, Julius Baer, Lucy Demery, Goldman, wasn't, I'd, isn't Organizations: Goldman, Vanguard, Blackrock, HSBC, Google, CNBC, Barclays, Ofori Locations: Prospect, British
☆ China's big market drop shouldn't lure investors, with the country facing a decade of slowing growth, Goldman Sachs wealth CIO says
  + stars: | 2024-03-05 | by ( Yuheng Zhan | ) www.businessinsider.com   time to read: +2 min
Investors shouldn't return to China, no matter how cheap it appears, Goldman Sachs Wealth Management CIO said. The CIO said China's reported 5.2% growth in 2023 should be considered "not real." "All our clients are asking us that question, given how cheap China appears, people inevitably say, well, has it discounted the worst news?" Mossavar-Rahmani added that there is skepticism around China's 5.2% growth last year, adding that it is likely "it was actually a lot weaker." "We really don't have a good grasp of what growth was last year, or what growth will be this year."
Persons: Goldman, China's, —, Sharmin, Rahmani Organizations: Goldman Sachs Wealth Management, Service, Goldman Sachs Wealth, Bloomberg Locations: China
☆ Wall Street's rocky start
  + stars: | 2024-01-16 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn today's big story, we're looking at how there are still plenty of risks in the market despite big expectations. What's on deck:Chip Somodevilla/Getty ImagesOne of the best indicators of the year ahead comes from banks' Q4 earnings. BI's finance team has a roundup of the biggest Wall Street firms' earnings reports and what it means for their hiring plans.
Persons: Donald Trump, Vivek Ramaswamy, —, Chip Somodevilla, BI's Michelle Abrego, Rebecca Ungarino, Kevin O'Leary, Mark Davis, Goldman, Sharmin, Rahmani, Morgan, Steve Cohen, Sundar Pichai, Boris Streubel, Rebecca Zisser, Apple, Mike Katz Organizations: Republican, GOP, Service, Citi, JPMorgan, BlackRock, Staff, Getty, Goldman Sachs Wealth, New York Mets, Google, Hertz, Business, Bloomberg Locations: Iowa, Google's Berlin, San Diego, Austin
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