Managers of Wealth

Is Africa A Major Market For Luxury Goods?

Africa, the No.2 fastest growing economy only behind Asia-Pacific, has seen a rise in the fortunes of several of its citizens, nurturing a higher taste for the ‘finer things’.

London Mayor adviser: UK needs to decentralise

Economic adviser to the Mayor of London Dr Gerald Lyons believes the UK economy needs to decentralise in order for further growth to take place.

The U.S. Treasury can prevent debt default, but the cure would bring on a recession

The U.S. Treasury has the means to avoid a debt default even if Congress fails to raise the government’s US$16.7 trillion borrowing limit.

U.S. Trust Study Reveals Disconnects in Philanthropic Conversations Between HNW Individuals and Professional Advisors

Professional advisors almost universally agree that philanthropy plays an important role in their high net worth clients' wealth experience, and that engaging clients about their philanthropic ambitions is good for their own business.

Viewpoint: Europe’s Stability Threatened by Banking Authority

A story emerged this week that is likely to fuel tension between the European Central Bank and Europe’s current banking regulator, the European Banking Authority.

Regulatory change could cost European fund managers up to $500 million per annum - RESEARCH

European funds industry faces extra expenses totalling between $300 million and $500 million per annum over the next three years to address new regulatory requirements, according to a study by BNY Mellon, the global leader in investment management and inv

Is Africa becoming the new Asia?

The agreement will enable BoC clients to invest in the continent via Nedbank’s regional network and may be symptomatic of a wider re-focus to investment opportunities in the southern continent.

Private Banking in the Middle East: a Review

The Middle East’s private wealth boom is part of a wider trend of growth in emerging markets and resource led economies

More Housing Hokum by Justin Urquhart Stewart

The latest „Help to Buy‟ plans, much vaunted by our esteemed politicians at their party conference last week, seems to have been not quite as popular with some of the banks as had originally been implied.

On the up – the number of women in British boardrooms rises to 19%

The proportion of female directors of FTSE 100 companies has risen to 19 per cent, a study has revealed, up from 12.5 per cent two years ago.

Coutts' commentary - Global View from Asia - "No default - we hope"

While the US political impasse may provide further disruption to the market, we very much doubt that the government will default on its debt obligations. It has left all non-essential government activities closed.

Asset management sector volumes flat - CBI/PwC

Headcount is climbing as firms gear up for renewed growth.

Alan Hughes: What Advisers Can Learn from the Axa fine

Axa Wealth’s £1.8m fine shows firm failed to take its own findings seriously and was more concerned with hitting sales targets.

Eugene Fama reiterates opposition to active management, high fees

Active management is a zero-sum game before cost, and the winners have to win at the expense of losers

Is Mark Carney's forward guidance plan a step backwards?

Bank of England governor's move to persuade markets that interest rates will not immediately rise has provoked scepticism

RMG Wealth Mangement's Stewart Richardson warns of factors that could derail end-of-year rally

US politicians have allowed large swathes of the Federal Government to shut down because they cannot agree a budget for the fiscal year that started on 1st October.

Cerulli Projects Total U.S. Institutional Market Assets to Reach $19 Trillion by 2018

As of year-end 2012, the institutional market held $14.5 trillion in assets under management

Banks learn the hard way in wealth arena

WEALTH management was seen as one of the great Australian growth industries of the 21st century.

Healthy Fund Flows Spur Frontier Market Fund Launches

Money tends to flow to markets with better infrastructure and liquidity

HMRC’s Swiss Tax initiative - running out of steam? by Mike Down

Last week HMRC wrote to everyone affected by the UK/Switzerland tax agreement asking them to come clean as to whether they owe tax or not.

Comment & Analysis