- Evening Standard
World's richest turn 'risk-on' as they pour cash into property and private equity
The world’s richest are taking a risk-on approach to investing in 2024, new research has found, as high net worth individuals swap safe havens like cash for property and private equity. The proportion of cash holdings in wealthy investors’ portfolios dropped from 34% in 2023 to 25% in 2024 in a reversal of last year’s trends, according to the Capgemini Research Institute’s World Wealth Report, while real estate, fixed income and alternative investments are building share amid cooling inflation, falling interest rates and a rebound in optimism over the global economic outlook. Two in three high net worth individuals plan to invest more in private equity during 2024, the research found, with the enthusiasm driven by long-term higher returns and portfolio diversification.
- Kansas City Star
Naptime Essentials for Sleeping at Daycare or Pre-school
A must-have portable all-in-one bedding solution for modern on-the-go parents of children attending preschool or daycare – includes removable pillow, sewn-in blanket and name tag.
- Associated Press
Jasmine Paolini reaches the French Open semifinals by beating Elena Rybakina
Jasmine Paolini reached the first Grand Slam semifinal of her career by beating No. 4 seed Elena Rybakina 6-2, 4-6, 6-4 at the French Open on Wednesday. The 12th-seeded Paolini, a 28-year-old from Italy, exited in the first or second round in each of the first 16 Grand Slam appearances in her career, until making it to the fourth round of the Australian Open in January. Paolini will met No. 2 Aryna Sabalenka or unseeded 17-year-old Mirra Andreeva on Thursday for a berth in the title match.
