Managers of Wealth http://managersofwealth.com/ Sat, 28 Jan 2023 10:26:00 GMT part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP JTC's Caribbean Team Wins Gold At Citywealth IFC Awards News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102731/jtcamp039s-caribbean-team-wins-gold-at-citywealth-ifc-awards Winners are selected by an international panel of highly respected practitioners from multiple jurisdictions, based on their achievements, their innovative approach and their clear expertise. Wealth and Asset Management Democratising wealth: A unique business opportunity to impact wealth management today and shape the future News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102730/democratising-wealth-a-unique-business-opportunity-to-impact-wealth-management-today-and-shape-the-future Wealth managers are carrying on ‘business as usual’ in an environment where client demands are fast-changing, leading to massive asset shifts within the market. Wealth and Asset Management Guernsey wins International Finance Centre of the Year award News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102733/guernsey-wins-international-finance-centre-of-the-year-award It just goes to show that Guernsey is a well-respected, leading finance centre and remains a safe, stable and secure jurisdiction of choice. Wealth and Asset Management HSBC celebrates 10 graduates through its Wealth Academy News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102738/hsbc-celebrates-10-graduates-through-its-wealth-academy The latest cohort includes six employees achieving Level 4 qualifications and a further four achieving Level 6 of the Chartered Institute of Securities and Investment (CISI) pathway. Wealth and Asset Management ZKB gains a foothold in Germany News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102743/zkb-gains-a-foothold-in-germany Züricher Kantonalbank has received facilitated market access from BaFin, but has no plans for branches in Germany. Wealth and Asset Management The tide for private banks has turned News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102746/the-tide-for-private-banks-has-turned It is expected that the changed environment will jeopardize the growth of private banks and will gradually reduce their profitability. Wealth and Asset Management Credit Suisse Paying Interest to a Billionaire Plaintiff News Aggregation Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102689/credit-suisse-paying-interest-to-a-billionaire-plaintiff Multibillion-dollar claims for damages brought by Georgian ex-prime minister Bidzina Ivanishvili against Credit Suisse subsidiaries in Bermuda and Singapore have been playing out in the background in recent weeks. Wealth and Asset Management Charles Schwab snaps up The Family Wealth Alliance News Aggregation Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102697/charles-schwab-snaps-up-the-family-wealth-alliance Members of FWA can avail updated research and educational materials along with exclusive events and leader forums, among others. Wealth and Asset Management Bellevue expects significantly lower net profit of CHF 25 mn – Dividend of CHF 2.00 per share proposed News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102701/bellevue-expects-significantly-lower-net-profit-of-chf-25-mn-ampndash-dividend-of-chf-200-per-share-proposed 2022 annual results Wealth and Asset Management Full-year 2022 new business inflows and funds under management update News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102703/full-year-2022-new-business-inflows-and-funds-under-management-update 2023 has started in much the same way that 2022 ended but it is encouraging to see more recent positive indicators that UK inflation may have peaked, together with some evidence that currency and investment markets are more stable. Wealth and Asset Management Jörg Gasser to leave SBA News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102720/jampoumlrg-gasser-to-leave-sba Jörg Gasser informed the Chairman at the end of 2022 that he intends to pursue a new career direction this year. Executive Moves Atria Wealth Solutions Appoints Co-Heads of Atria's Financial Institution Channel News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102722/atria-wealth-solutions-appoints-co-heads-of-atriaamp039s-financial-institution-channel Atria's Head of Financial Institution Channel, Valorie Seyfert, set to retire at end of February Executive Moves BNP Paribas Asset Management Names Malaysia CEO News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102724/bnp-paribas-asset-management-names-malaysia-ceo Previously, he also worked at ABN AMRO Asset Management (Singapore) and Nomura Islamic Asset Management Sdn. Bhd (Malaysia). Executive Moves Hugh O’Donnell joins HIGHVERN’s Swiss office as Client Director News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102732/hugh-oamprsquodonnell-joins-highvernamprsquos-swiss-office-as-client-director He joins the group with more than 25 years’ experience in private banking, wealth planning and fiduciary management, having focused on Switzerland, the Middle East, Africa, Non-Resident Indians (NRI) and the UK. Executive Moves Hugh O’Donnell joins Highvern as Client Director News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102737/hugh-oamprsquodonnell-joins-highvern-as-client-director Hugh has spent the past 10 years in the Dubai International Finance Centre Executive Moves Quilter appoints chief risk officer News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102735/quilter-appoints-chief-risk-officer Her appointment further strengthens our executive management team. Executive Moves Fidelity International appoints new Head of UK Wholesale News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102739/fidelity-international-appoints-new-head-of-uk-wholesale Prior to joining Fidelity, Dennis has held various senior sales and distribution roles at a number of boutique asset managers. Executive Moves Ex-UBS chairman Weber joins Boston Consulting as adviser News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102740/ex-ubs-chairman-weber-joins-boston-consulting-as-adviser The report was confirmed by Boston Consulting Group to Reuters. Executive Moves McInroy & Wood poaches Arbuthnot Latham investment boss News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102741/mcinroy-ampamp-wood-poaches-arbuthnot-latham-investment-boss Gregory Perdon joins McInroy & Wood after 12 years at Arbuthnot Latham where he served as its head of research and as its co-chief investment officer. Executive Moves Neuchâtel wealth manager XO Investments appoints two directors News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102742/neuchampacirctel-wealth-manager-xo-investments-appoints-two-directors Alessia Schmid and Jörg Odermatt, whose appointment went into effect 1 January, have expanded the board’s size to six. Executive Moves Harneys wins Caribbean Law Firm of the Year - Citywealth IFC News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102734/harneys-wins-caribbean-law-firm-of-the-year-citywealth-ifc The winners are those judged to have excelled in achievement, innovation, expertise, and service. Legal,Regulation,Tax & Compliance FCA Consumer Duty review shows industry cannot let up on implementation plans News Aggregation Team Wednesday, January 25, 2023 12:00 am http://managersofwealth.com/article/102680/fca-consumer-duty-review-shows-industry-cannot-let-up-on-implementation-plans Time is ticking in terms of getting processes and actions in place and this review highlights that as an industry we cannot take our foot off the gas. Legal,Regulation,Tax & Compliance Don’t Blame The Bank, Merrill Boss Says News Aggregation Team Friday, January 20, 2023 12:00 am http://managersofwealth.com/article/102578/donamprsquot-blame-the-bank-merrill-boss-says Make no mistake, Bank of America has propelled the Merrill Lynch business forward. Legal,Regulation,Tax & Compliance U.S. asset managers gear up to raise money in volatile China News Aggregation Team Friday, January 20, 2023 12:00 am http://managersofwealth.com/article/102587/us-asset-managers-gear-up-to-raise-money-in-volatile-china Fidelity International and Neuberger Berman make new regulatory filings Legal,Regulation,Tax & Compliance Finma License Gives Arve Asset Management a Boost News Aggregation Team Wednesday, January 18, 2023 12:00 am http://managersofwealth.com/article/102524/finma-license-gives-arve-asset-management-a-boost Managing director Michel Fest said the company can now celebrate the two important milestones with the Finma authorization and the acquisition of the fund. Legal,Regulation,Tax & Compliance Japanese Insurer Sued Over Van Gogh Painting News Aggregation Team Tuesday, January 17, 2023 12:00 am http://managersofwealth.com/article/102498/japanese-insurer-sued-over-van-gogh-painting They claim in the filing that Sompo had wrongfully benefited from the Sunflowers painting for many years while both knowing that the painting is a casualty of Nazi policies and falsely misrepresenting that it is not. Legal,Regulation,Tax & Compliance Capital gains tax takings reach record level News Aggregation Team Friday, January 13, 2023 12:00 am http://managersofwealth.com/article/102425/capital-gains-tax-takings-reach-record-level Data obtained through FOI by private equity firm Growthdeck and provided to Spear’s shows that in the year to October 2022 the government increased its annual total CGT receipts by 27.5 per cent, up to £15.3 billion. Legal,Regulation,Tax & Compliance CS First Boston – Payday For the Klein Brothers News Aggregation Team Wednesday, January 11, 2023 12:00 am http://managersofwealth.com/article/102362/cs-first-boston-ampndash-payday-for-the-klein-brothers Klein's boutique will be merged with CS First Boston to which Credit Suisse plans to outsource large parts of its international investment banking and sell it to third parties in a further step. Legal,Regulation,Tax & Compliance Brazil: Once the dust settles, market focus will return to economic policies News Team Tuesday, January 10, 2023 12:00 am http://managersofwealth.com/article/102343/brazil-once-the-dust-settles-market-focus-will-return-to-economic-policies From an investment perspective, although these unfortunate events of violence may make Brazilian assets volatile in the near term, we expect any impact to be short-lived. Legal,Regulation,Tax & Compliance UK Regulatory Horizon Scanning Update: Q4 2022 News Team Thursday, January 05, 2023 12:00 am http://managersofwealth.com/article/102265/uk-regulatory-horizon-scanning-update-q4-2022 The FCA are seeking views on their proposed rules to introduce a new financial resilience regulatory return for solo-regulated firms. Legal,Regulation,Tax & Compliance BMO Wealth Management Selects FactSet as Primary Market Data Provider News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102719/bmo-wealth-management-selects-factset-as-primary-market-data-provider FactSet solutions deployed to BMO Wealth Management professionals to drive digital transformation FinTech Globaleye unveils wealth management platform News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102728/globaleye-unveils-wealth-management-platform In a bid to address a gap in the Middle East market for digital advice FinTech Finma doesn’t know why it is listed as an FTX creditor News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102744/finma-doesnamprsquot-know-why-it-is-listed-as-an-ftx-creditor A spokesperson for the Swiss regulator says it has no outstanding invoices in the crypto exchange’s name. FinTech Virtual assets outlook: Hong Kong expected to develop a thriving fintech ecosystem over the coming year News Aggregation Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102702/virtual-assets-outlook-hong-kong-expected-to-develop-a-thriving-fintech-ecosystem-over-the-coming-year Leading companies in the world of virtual assets and Web3 set an optimistic mood for the industry FinTech Bestinvest unveils free mobile app as it enhances its service for 2023 News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102708/bestinvest-unveils-free-mobile-app-as-it-enhances-its-service-for-2023 New mobile app. available to download from the Apple App Store for iOS and the Google Play Store for Android, is the latest milestone for Bestinvest - the online investment and coaching service – following a major revamp last year FinTech SEI Reports Fourth-Quarter 2022 Financial Results News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102710/sei-reports-fourth-quarter-2022-financial-results Diluted earnings per share were $0.83 in fourth-quarter 2022 compared to $1.03 in fourth-quarter 2021. FinTech FLX Networks Partners with Broadridge Data and Analytics to Help Power Distribution Solutions for Asset Managers News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102717/flx-networks-partners-with-broadridge-data-and-analytics-to-help-power-distribution-solutions-for-asset-managers Asset managers utilize FLX Networks to modularly implement a complementary turnkey distribution solution. FinTech Swiss Banks See Opportunity From Google and IT Layoffs News Aggregation Team Wednesday, January 25, 2023 12:00 am http://managersofwealth.com/article/102682/swiss-banks-see-opportunity-from-google-and-it-layoffs The Swiss financial industry waited a long time for this to happen. FinTech Financial Firms Scaled Investments in Next-Gen Tech in 2022, Signaling New Phase of Digital Transformation News Team Wednesday, January 25, 2023 12:00 am http://managersofwealth.com/article/102684/financial-firms-scaled-investments-in-next-gen-tech-in-2022-signaling-new-phase-of-digital-transformation 57% of firms see digital transformation as their most important strategic priority FinTech Preliminary information on the 2022/2023 half-year statement: CREALOGIX achieves turnaround with positive operating result News Team Tuesday, January 24, 2023 12:00 am http://managersofwealth.com/article/102647/preliminary-information-on-the-20222023-half-year-statement-crealogix-achieves-turnaround-with-positive-operating-result At the same time, as announced, the platform for the development banks was successfully completed in the first half of the year. FinTech How the Arnault family is leading the way in planning for Succession News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102727/how-the-arnault-family-is-leading-the-way-in-planning-for-succession Judging by the news that Bernard Arnault has undertaken a review and shake up of senior roles with the appointment of his daughter, Delphine Arnault, as chief executive of Christian Dior, this is a family that is openly discussing and planning for success Family Office Hong Kong Family Office Launches Singapore Arm News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102736/hong-kong-family-office-launches-singapore-arm Leading the Singapore office is Daisy Ha who has been appointed as chief executive for the city-state. Family Office Edelman Builds Out Global Families Practice In Paris News Aggregation Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102699/edelman-builds-out-global-families-practice-in-paris The offer will be headed by Edouard Tétreau, who joins as global chair of Edelman global families and vice president of Edelman France. Family Office New Partnership Integrates Alkymi Automation into Ledgex Platform to Raise Family Office Efficiency and Performance News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102704/new-partnership-integrates-alkymi-automation-into-ledgex-platform-to-raise-family-office-efficiency-and-performance Data Automation Heightens Cost Efficiency and Speeds Onboarding to Help Family Offices Take Advantage of Growing Market Family Office The Charles Schwab Corporation Expands Capabilities to Serve Multifamily and Single Family Offices Through Acquisition of The Family Wealth Alliance News Team Wednesday, January 25, 2023 12:00 am http://managersofwealth.com/article/102661/the-charles-schwab-corporation-expands-capabilities-to-serve-multifamily-and-single-family-offices-through-acquisition-of-the-family-wealth-alliance Schwab Advisor Services and The Family Wealth Alliance will continue mutual focus on building community and offering value-added knowledge and resources for multifamily and single family wealth firms Family Office Strong growth predicted in the family office sector and an increased focus on alternatives News Team Friday, January 20, 2023 12:00 am http://managersofwealth.com/article/102594/strong-growth-predicted-in-the-family-office-sector-and-an-increased-focus-on-alternatives In terms of other trends Ocorian is seeing in the family office space, it cites a significant increase in the number of family offices being set up due to the growing population of younger, sophisticated ultra-high net worth individuals, especially from s Family Office Family office sets up shop in Monaco News Aggregation Team Wednesday, January 18, 2023 12:00 am http://managersofwealth.com/article/102514/family-office-sets-up-shop-in-monaco Firm will offer a range of private wealth services Family Office BVI funds for families News Aggregation Team Tuesday, January 17, 2023 12:00 am http://managersofwealth.com/article/102485/bvi-funds-for-families The decisive criteria for the best structure and jurisdiction will depend on the particularities of each family and their asset structure. Family Office European Family Office Report: Uncertain times lead to certain measures with increased focus Private Equity News Aggregation Team Monday, January 16, 2023 12:00 am http://managersofwealth.com/article/102465/european-family-office-report-uncertain-times-lead-to-certain-measures-with-increased-focus-private-equity With soaring inflation, increasing interest rates, collapsing stock markets and imminent recessions, family offices have shown typical adaptability when adjusting the mix of their portfolios to deal with a more difficult environment. Family Office Family Wealth Report: Family Offices Smile On Private Debt – Survey News Team Monday, January 16, 2023 12:00 am http://managersofwealth.com/article/102466/family-wealth-report-family-offices-smile-on-private-debt-ampndash-survey They see these areas as offering shelter amidst market volatility and rising interest rates and inflation. Family Office Crisis, what crisis? Luxury boom shows staying power of ultra-rich News Aggregation Team Tuesday, January 24, 2023 12:00 am http://managersofwealth.com/article/102641/crisis-what-crisis-luxury-boom-shows-staying-power-of-ultra-rich For the world’s richest, their money – and their lifestyles – really do seem to reflect a new Gilded Era. I can’t help but wonder when, and how, it will all end. Luxury Luxury boom shows the staying power of the ultra-rich News Aggregation Team Monday, January 23, 2023 12:00 am http://managersofwealth.com/article/102612/luxury-boom-shows-the-staying-power-of-the-ultra-rich Many of our expectations about the spending patterns of the wealthy are being confounded Luxury Architecture of the East: Inside 6 Luxury Homes in Asia News Team Monday, January 23, 2023 12:00 am http://managersofwealth.com/article/102619/architecture-of-the-east-inside-6-luxury-homes-in-asia Venture to the diverse landscapes of Japan, Taiwan, and Thailand to witness the very best of Asian traditional architecture as well as contemporary design in these six luxury homes Luxury Gen Z is driving luxury sales as wealthy shoppers get younger News Aggregation Team Wednesday, January 18, 2023 12:00 am http://managersofwealth.com/article/102523/gen-z-is-driving-luxury-sales-as-wealthy-shoppers-get-younger Generation Y, also known as millennials, and Generation Z accounted for all of the luxury market’s growth last year. Luxury The Peninsula London: Hyde Park Corner’s beautiful and ultra-luxe new residences News Aggregation Team Friday, January 13, 2023 12:00 am http://managersofwealth.com/article/102423/the-peninsula-london-hyde-park-corneramprsquos-beautiful-and-ultra-luxe-new-residences A collection of 25 ultra-luxe intimate residences form the jewel in its crown – a lovingly crafted collection of one- to four-bed apartments, complemented by a destination spa and looked after by the same team caring for the hotel’s 190 guest Luxury Rolls-Royce, Bentley and Lamborghini had record sales last year, again News Aggregation Team Wednesday, January 11, 2023 12:00 am http://managersofwealth.com/article/102361/rolls-royce-bentley-and-lamborghini-had-record-sales-last-year-again Rolls-Royce delivered more than 6,000 vehicles last year, its first time topping that thresh Luxury These Eco 5-Star Hotels Prove That Greenwashing Doesn’t Have To Be The Standard News Aggregation Team Tuesday, January 10, 2023 12:00 am http://managersofwealth.com/article/102332/these-eco-5-star-hotels-prove-that-greenwashing-doesnamprsquot-have-to-be-the-standard This number is likely to increase, especially with the growing awareness of a warming planet, thrown into sharp relief this month with images of posh European ski resorts devoid of snow. Luxury Championing Craftsmanship: The Architecture of the Pedevilla Brothers News Team Monday, January 09, 2023 12:00 am http://managersofwealth.com/article/102314/championing-craftsmanship-the-architecture-of-the-pedevilla-brothers Brothers Armin and Alexander Pedevilla of the eponymous architecture practice in South Tyrol, Italy, discuss the importance of local craftsmanship in creating spaces that evoke an emotional response Luxury Step Back in Time: Return to the Designer Seventies News Team Monday, January 09, 2023 12:00 am http://managersofwealth.com/article/102315/step-back-in-time-return-to-the-designer-seventies What do the words “1970s” and “designer” make you think of? An orange and brown color palette? Avocado suites and shagpile carpets? A refined version of the 1970s is back in vogue Luxury Make better business decisions News Aggregation Team Thursday, January 05, 2023 12:00 am http://managersofwealth.com/article/102250/make-better-business-decisions The party bookended a milestone year for Fusalp: the 70-year-old brand is eyeing significant growth after receiving €15 million in funding in 2022 Luxury Wealthiest People in Switzerland News Aggregation Team Monday, January 23, 2023 12:00 am http://managersofwealth.com/article/102602/wealthiest-people-in-switzerland Magdalena Martullo-Blocher is the fifth-richest person in Switzerland, with a whopping $6.3 billion. Extremely Wealthy Key Differences Between Rich and Wealthy People News Aggregation Team Wednesday, January 18, 2023 12:00 am http://managersofwealth.com/article/102522/key-differences-between-rich-and-wealthy-people A financial advisor can help you create a financial plan for your wealth management needs and goals. Extremely Wealthy Super-rich elite call on governments to 'tax us now' in a bid to 'build fairer economies' News Aggregation Team Wednesday, January 18, 2023 12:00 am http://managersofwealth.com/article/102529/super-rich-elite-call-on-governments-to-amp039tax-us-nowamp039-in-a-bid-to-amp039build-fairer-economiesamp039 The Patriotic Millionaires is a nonpartisan group founded in 2010 of high net worth Americans calling for higher taxes for the wealthy along with a minimum wage and closing tax loopholes. Extremely Wealthy Average Aussie three times richer than average American News Aggregation Team Tuesday, January 17, 2023 12:00 am http://managersofwealth.com/article/102480/average-aussie-three-times-richer-than-average-american A new report has found Australians are the richest people in the world – and three times richer than the average American. Extremely Wealthy Bill Gates and Oxfam Call for ‘Billionaire-Busting Policies’ to Address the Widening Wealth Gap News Aggregation Team Tuesday, January 17, 2023 12:00 am http://managersofwealth.com/article/102483/bill-gates-and-oxfam-call-for-amplsquobillionaire-busting-policiesamprsquo-to-address-the-widening-wealth-gap Oxfam is now calling for “a systemic and wide–ranging increase in taxation of the super–rich to claw back crisis gains driven by public money and profiteering. Extremely Wealthy Rich Listers make $2500 a second as world’s wealthy descend on Davos News Aggregation Team Monday, January 16, 2023 12:00 am http://managersofwealth.com/article/102473/rich-listers-make-2500-a-second-as-worldamprsquos-wealthy-descend-on-davos Oxfam is using the analysis to warn about a crisis in global inequality if the rate of “extreme” wealth accumulation is not dealt with. Extremely Wealthy More ultra-wealthy families setting up offices in Singapore, and they’re not just coming from Asia News Aggregation Team Thursday, January 12, 2023 12:00 am http://managersofwealth.com/article/102398/more-ultra-wealthy-families-setting-up-offices-in-singapore-and-theyamprsquore-not-just-coming-from-asia The COVID-19 pandemic has forced these ultra-high net worth individuals to rethink how to safeguard their wealth, industry observers say. Extremely Wealthy Ultra Wealthy Saw Real Estate as an Investment Opportunity in 2022 Amid Volatile Financial Markets News Aggregation Team Wednesday, January 11, 2023 12:00 am http://managersofwealth.com/article/102359/ultra-wealthy-saw-real-estate-as-an-investment-opportunity-in-2022-amid-volatile-financial-markets Permacrisis is defined as an extended period of instability and security. Extremely Wealthy How the richest Australians are using financial advice News Aggregation Team Tuesday, January 10, 2023 12:00 am http://managersofwealth.com/article/102334/how-the-richest-australians-are-using-financial-advice The vast majority of high-net-worth Aussies do not receive financial advice. Extremely Wealthy 15 Richest Women in the World, Ranked by Net Worth News Aggregation Team Monday, January 09, 2023 12:00 am http://managersofwealth.com/article/102306/15-richest-women-in-the-world-ranked-by-net-worth Ever wondered who the wealthiest woman in the world is? We often read about Bill Gates, Elon Musk, and others in the billionaire boys club. Extremely Wealthy Investing in Credit Suisse Rights Offering Pays Off News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102721/investing-in-credit-suisse-rights-offering-pays-off Almost all of them, some 98.2 percent of the share capital, took advantage of the opportunity. Comment & Analysis Aviva Investors, Invesco, Abrdn to hire in growth areas, shun ‘sweeping’ job cuts News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102725/aviva-investors-invesco-abrdn-to-hire-in-growth-areas-shun-amplsquosweepingamprsquo-job-cuts Despite mass layoffs in other sectors, some of the City’s largest asset managers are still selectively hiring Comment & Analysis Swiss fund market shrinks 13.7% in 2022 News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102726/swiss-fund-market-shrinks-137-in-2022 Flows remained muted throughout the year, and by December 31 the industry had seen net outflows of 5 billion Swiss francs. Comment & Analysis Emerging market outperformance set to continue News Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102729/emerging-market-outperformance-set-to-continue As a result, fed funds futures markets are now pricing around a 95% chance that the Fed will further reduce the size of its expected February rate hike to 25 basis points. Comment & Analysis 7IM previews retirement income solution linked to platform News Aggregation Team Friday, January 27, 2023 12:00 am http://managersofwealth.com/article/102745/7im-previews-retirement-income-solution-linked-to-platform They can then select different types of products based on these incomes and expenditures to see what the client would end up with. Comment & Analysis China’s 50% rebound: it’s not just about Covid News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102693/chinaamprsquos-50-rebound-itamprsquos-not-just-about-covid Abandonment of the zero-Covid policy has contributed to the 50% rally in Chinese stocks, but this is only part of the story. Comment & Analysis Why one MPS boss is sticking with Terry Smith News Aggregation Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102695/why-one-mps-boss-is-sticking-with-terry-smith Our view is that he has added a lot of value for our clients over a long period of time. Comment & Analysis What could a US recession mean for gold and gold equities? News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102696/what-could-a-us-recession-mean-for-gold-and-gold-equities We look at how gold and gold equities have fared historically during US recessions. Comment & Analysis Older generations ‘bridge gap’ to embrace impact investing News Aggregation Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102700/older-generations-amplsquobridge-gapamprsquo-to-embrace-impact-investing Furthermore, more than half said sustainable investing is bridging the gap between younger and older generations, and almost 70% reported sustainable investing is being embraced by the generation in charge of the family’s wealth. Comment & Analysis Jeremy Howard: «Wine is an Alternative Asset Class Today» News Aggregation Team Wednesday, January 25, 2023 12:00 am http://managersofwealth.com/article/102666/jeremy-howard-amplaquowine-is-an-alternative-asset-class-todayampraquo In fact, wine has shined not just as a collectible but as a viable allocation within broader investment portfolios. Comment & Analysis The 10 Most Expensive Cars Sold In 2022 News Aggregation Team Thursday, December 22, 2022 12:00 am http://managersofwealth.com/article/102097/the-10-most-expensive-cars-sold-in-2022 The ‘most expensive car’ in history is also on this list. Extremely Expensive Luxury Car Collector Parting With His $92.5M Superyacht After Less Than Two Years News Aggregation Team Monday, December 12, 2022 12:00 am http://managersofwealth.com/article/101879/luxury-car-collector-parting-with-his-925m-superyacht-after-less-than-two-years One of them is the majestic B2, ready for a new owner after it got refitted this summer, with the refit alone being worth more than $4 million. Extremely Expensive The most expensive Irish houses sold in 2022, from Dublin to Cork and Meath to Galway News Aggregation Team Friday, December 09, 2022 12:00 am http://managersofwealth.com/article/101842/the-most-expensive-irish-houses-sold-in-2022-from-dublin-to-cork-and-meath-to-galway More than 1,200 sales of €1 million or more have been recorded so far this year with coastal homes leading the charge Extremely Expensive The Most Expensive Car In Ralph Lauren's Collection News Aggregation Team Thursday, December 08, 2022 12:00 am http://managersofwealth.com/article/101817/the-most-expensive-car-in-ralph-laurenamp039s-collection It's a collection that has been purchased thoughtfully, with many cars added long before their prices sky-rocketed off the back of more recent demand. Extremely Expensive A Chance to Buy a Rare Patek Philippe Before Christmas News Aggregation Team Friday, December 02, 2022 12:00 am http://managersofwealth.com/article/101707/a-chance-to-buy-a-rare-patek-philippe-before-christmas One of the highlights among vintage watches is a rare 18k rose gold wristwatch with a cloisonné enamel dial featuring a Viking longship, manufactured in 1950. Extremely Expensive The «World's Most Expensive Hot Dog» in Lucerne News Aggregation Team Friday, November 25, 2022 12:00 am http://managersofwealth.com/article/101544/the-amplaquoworldamp039s-most-expensive-hot-dogampraquo-in-lucerne For that noble price, you get a saffron bun with Kobe beef sausage, white alba truffles, Cristal Roederer champagne foam, a gilded peppercorn, and chocolate crumble. Extremely Expensive Picasso’s ‘Buffalo Bill’ Could Fetch up to $15 Million at Christie’s News Aggregation Team Monday, November 14, 2022 12:00 am http://managersofwealth.com/article/101287/picassoamprsquos-amplsquobuffalo-billamprsquo-could-fetch-up-to-15-million-at-christieamprsquos The company was on tour in Paris in 1889, and again in 1905, when Picasso probably saw him. Extremely Expensive Palm Jumeirah villa becomes Dubai's most expensive rental News Aggregation Team Friday, November 11, 2022 12:00 am http://managersofwealth.com/article/101277/palm-jumeirah-villa-becomes-dubaiamp039s-most-expensive-rental The property was let at $1.09m (Dh4m) for a six-month period Extremely Expensive Titian masterpiece could fetch £12 million at auction News Aggregation Team Tuesday, October 25, 2022 1:00 am http://managersofwealth.com/article/100898/titian-masterpiece-could-fetch-amppound12-million-at-auction The Renaissance great’s Venus and Adonis – regarded in its time as too racy – is going to auction at Sotheby’s Extremely Expensive English estate once owned by Queen Elizabeth II on sale for an estimated £7million News Aggregation Team Monday, September 12, 2022 1:00 am http://managersofwealth.com/article/100022/english-estate-once-owned-by-queen-elizabeth-ii-on-sale-for-an-estimated-amppound7million A lush country estate complete with racing stables that used to be owned by the Queen herself is hitting the market. Extremely Expensive LVMH Shuffles Leadership at Louis Vuitton, Dior News Team Thursday, January 12, 2023 12:00 am http://managersofwealth.com/article/102412/lvmh-shuffles-leadership-at-louis-vuitton-dior The changes, effective Feb. 1 Research UK universities turn to philanthropy to bolster finances News Aggregation Team Wednesday, January 04, 2023 12:00 am http://managersofwealth.com/article/102224/uk-universities-turn-to-philanthropy-to-bolster-finances Institutions increasingly take advantage of appetite from wealthy donors, says Imperial president Research What Asian investors want right now News Team Wednesday, November 30, 2022 12:00 am http://managersofwealth.com/article/101649/what-asian-investors-want-right-now Billionaires aside, Asian investors are – as a group – increasing their clout, as Accenture’s Asia Affluent Investor Survey revealed. Research Wealth managers ‘regularly surprised’ by clients’ investment decisions – Oxford Risk research News Aggregation Team Tuesday, November 29, 2022 12:00 am http://managersofwealth.com/article/101617/wealth-managers-amplsquoregularly-surprisedamprsquo-by-clientsamprsquo-investment-decisions-ampndash-oxford-risk-research This is compared to just 8% who say they are never surprised by clients’ decisions. Research Private markets allocation boom may be 'overblown' News Aggregation Team Monday, November 28, 2022 12:00 am http://managersofwealth.com/article/101598/private-markets-allocation-boom-may-be-amp039overblownamp039 RBC BlueBay research suggests Research Global Ultra-High-Net-Worth Population Has Fallen by 6% in 2022 News Aggregation Team Thursday, November 10, 2022 12:00 am http://managersofwealth.com/article/101228/global-ultra-high-net-worth-population-has-fallen-by-6-in-2022 The U.S. UHNW population was 10.3% lower in the first six months than the same period of last year. Research Morningstar Introduces Industry's First Global Unicorn Index Series News Team Thursday, November 10, 2022 12:00 am http://managersofwealth.com/article/101231/morningstar-introduces-industryamp039s-first-global-unicorn-index-series Powered by PitchBook and Morningstar Indexes, the new benchmarks are the first to daily measure Unicorns, or privately held venture-capital companies with valuations of $1 billion or more. Research Demographic shift in Asia outpacing its economic transition News Team Monday, November 07, 2022 12:00 am http://managersofwealth.com/article/101131/demographic-shift-in-asia-outpacing-its-economic-transition The research team combined this survey with comprehensive secondary research to answer some of the key questions for the global economy due to Asia’s ageing population: the supply of labor, and the supply of capital. Research China boasts one in 10 global millionaires News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100300/china-boasts-one-in-10-global-millionaires The number of millionaires is expected to double by 2026, according to Credit Suisse’s annual Global Wealth Report. Research HNWs shunning professional advice: Research News Aggregation Team Tuesday, September 20, 2022 1:00 am http://managersofwealth.com/article/100162/hnws-shunning-professional-advice-research Top reasons given by HNWs for not seeking advice were that they prefer to seek advice only when they need it (39%) and believe they can manage their own financial affairs. Research Tropical Living: 9 Warm Destinations to Escape the Winter News Team Monday, January 16, 2023 12:00 am http://managersofwealth.com/article/102458/tropical-living-9-warm-destinations-to-escape-the-winter These tropical, sandy, and sunny luxury locales offer a retreat from northern snow and ice Executive Travel Destination Aspen: Colorado’s Ski and Mountain Star News Team Monday, January 09, 2023 12:00 am http://managersofwealth.com/article/102316/destination-aspen-coloradoamprsquos-ski-and-mountain-star Aspen has it all—clean air, culture, designer shops and fine dining, and of course the world’s best skiing and outdoor pursuits. Read on to learn why Aspen is the “Beverly Hills of the mountains,” and take a glimpse of what’s Executive Travel Travellers opting for luxury penguin cruises News Aggregation Team Monday, December 19, 2022 12:00 am http://managersofwealth.com/article/102029/travellers-opting-for-luxury-penguin-cruises Cruising allows nature lovers to access remote areas and enjoy them in luxury accommodation from a small cruise ship which has minimal impact on the delicate environment. Executive Travel On Top of the World: Welcome to Sunny Isles Beach, Miami News Team Monday, October 31, 2022 12:00 am http://managersofwealth.com/article/101011/on-top-of-the-world-welcome-to-sunny-isles-beach-miami Set to redefine the Miami skyline, the two towers of The St. Regis Residences, Sunny Isles Beach, are an exquisite paradise Executive Travel The World’s Most Powerful Passports have the Least Travel Freedom News Team Wednesday, July 20, 2022 1:00 am http://managersofwealth.com/article/98919/the-worldamprsquos-most-powerful-passports-have-the-least-travel-freedom This figure is far behind the global trend where markets in Europe and North America have recovered to around 60% of pre-crisis travel mobility levels. Executive Travel Debunking Top 4 Myths On Private Jet Travel News Aggregation Team Tuesday, May 31, 2022 1:00 am http://managersofwealth.com/article/97937/debunking-top-4-myths-on-private-jet-travel A luxurious vacation in the far-flung lands is now within reach with private jets becoming more accessible for everyone. Executive Travel ‘The haves and have-yachts’: on the trail of London’s super-rich News Aggregation Team Monday, May 23, 2022 1:00 am http://managersofwealth.com/article/97784/amplsquothe-haves-and-have-yachtsamprsquo-on-the-trail-of-londonamprsquos-super-rich We join sociologist Caroline Knowles on a walk across the economic and class divide of the capital to discover how extreme wealth has reshaped our streets Executive Travel Biggin Hill Airport Plots Future News Aggregation Team Wednesday, May 18, 2022 1:00 am http://managersofwealth.com/article/97674/biggin-hill-airport-plots-future This surge is also reflected in the hub’s annual aircraft movement tally, which jumped by nearly 30 percent between 2020 and 2021, rising from 14,700 to 18,900. Executive Travel Will inter-city space travel replace business jet flights in the near future? News Aggregation Team Friday, May 13, 2022 1:00 am http://managersofwealth.com/article/97577/will-inter-city-space-travel-replace-business-jet-flights-in-the-near-future The market could be worth about $7bn in terms of revenue for operators by 2040, Citi report says Executive Travel Executive aviation: Expert insights on the private aircraft market News Team Friday, May 13, 2022 1:00 am http://managersofwealth.com/article/97594/executive-aviation-expert-insights-on-the-private-aircraft-market That has a lot to do with positive wealth creation, the low interest rate environment, and a desire of the ultrawealthy to avoid commercial airlines in favor of private flying, if they can. Executive Travel Mirabaud Advises Spanish Quoted Renewable Energy Company Soltec On Securing €100M Financing Agreement News Team Thursday, January 26, 2023 12:00 am http://managersofwealth.com/article/102698/mirabaud-advises-spanish-quoted-renewable-energy-company-soltec-on-securing-ampeuro100m-financing-agreement Mirabaud, with extensive experience in the renewable energy sector and, specifically, in financing operations, designed a competitive process Planet SOS BNP Paribas, a leader in financing the energy transition, enters a new phase of rapid acceleration News Team Wednesday, January 25, 2023 12:00 am http://managersofwealth.com/article/102670/bnp-paribas-a-leader-in-financing-the-energy-transition-enters-a-new-phase-of-rapid-acceleration The Group has secured a leading global position in green bond structuring and placement in 2022, equivalent to $19.5 billion. Planet SOS NetZero and Rothschild & Co announce multi-year carbon removal partnership News Team Tuesday, January 24, 2023 12:00 am http://managersofwealth.com/article/102650/netzero-and-rothschild-ampamp-co-announce-multi-year-carbon-removal-partnership This credit procurement agreement forms part of the Group’s balanced portfolio approach to carbon compensation, and Rothschild & Co has committed to purchasing biochar carbon credits from NetZero every year until 2030. Planet SOS ESG Disclosure, Data Analytics and Benchmarking Made Simple by New Broadridge Tool - ESG Analyzer News Team Monday, January 23, 2023 12:00 am http://managersofwealth.com/article/102623/esg-disclosure-data-analytics-and-benchmarking-made-simple-by-new-broadridge-tool-esg-analyzer Benchmark company ESG practices vs. peers and industry through ESG Analyzer's dashboard Planet SOS Amundi to launch Europe’s first CAC 40 climate ETF News Aggregation Team Monday, January 23, 2023 12:00 am http://managersofwealth.com/article/102627/amundi-to-launch-europeamprsquos-first-cac-40-climate-etf In partnership with Euronext Planet SOS Calls for more impactful funding ring out from Davos News Aggregation Team Friday, January 20, 2023 12:00 am http://managersofwealth.com/article/102593/calls-for-more-impactful-funding-ring-out-from-davos Philanthropists have been put in the spotlight at this year’s World Economic Forum meeting over their failure to invest enough in tackling climate change. Planet SOS Davos 2023: greening returns - a new investment imperative News Team Thursday, January 19, 2023 12:00 am http://managersofwealth.com/article/102551/davos-2023-greening-returns-a-new-investment-imperative This year’s gathering could prove as significant as any in the Forum’s history, as the retreat goes back to its business roots. Planet SOS Sustainability Disclosure Requirements and Investment Labels News Team Thursday, January 19, 2023 12:00 am http://managersofwealth.com/article/102552/sustainability-disclosure-requirements-and-investment-labels A general “anti-greenwashing” rule applicable to all firms. Planet SOS State Street asset management boss says anti-ESG backlash has been ‘challenging’ News Aggregation Team Thursday, January 19, 2023 12:00 am http://managersofwealth.com/article/102554/state-street-asset-management-boss-says-anti-esg-backlash-has-been-amplsquochallengingamprsquo Yie-Hsin Hung joins BlackRock's Larry Fink in lamenting politicisation of ESG investing in the US Planet SOS As Regulation Tightens, European Asset Managers Must Uphold ESG Claims News Team Thursday, January 19, 2023 12:00 am http://managersofwealth.com/article/102569/as-regulation-tightens-european-asset-managers-must-uphold-esg-claims Managers’ investment practices should match their claims in areas such as climate and biodiversity Planet SOS The Art of Wellness: 8 Spa-Worthy Homes for Health & Fitness News Team Monday, January 23, 2023 12:00 am http://managersofwealth.com/article/102618/the-art-of-wellness-8-spa-worthy-homes-for-health-ampamp-fitness Luxury Defined kick-starts the New Year with a collection of luxury homes with amenities devoted to restoring mind, body, and soul Health & Wellness Top Robeco global fund sticks with ‘quality’ healthcare stocks as salve to macro unknowns News Aggregation Team Monday, November 14, 2022 12:00 am http://managersofwealth.com/article/101306/top-robeco-global-fund-sticks-with-amplsquoqualityamprsquo-healthcare-stocks-as-salve-to-macro-unknowns Robeco manager Michiel Plakman is using quality stocks as a defence against turbulent markets driven by macro factors, with a heavy weighting towards healthcare. Health & Wellness Customers consider insurers as preferred providers for physical and financial wellness advice News Team Tuesday, September 20, 2022 1:00 am http://managersofwealth.com/article/100173/customers-consider-insurers-as-preferred-providers-for-physical-and-financial-wellness-advice Over two thirds of customers are interested in physical and financial wellness,yet only 8% of insurers have established the necessary capabilities Health & Wellness The relationship between health and wealth is complicated, and the debate tends to get political quickly News Aggregation Team Thursday, June 30, 2022 1:00 am http://managersofwealth.com/article/98543/the-relationship-between-health-and-wealth-is-complicated-and-the-debate-tends-to-get-political-quickly Dr Mel Wood, a junior doctor currently working in child and adolescent psychiatry, looks at poverty’s effects on health as huge economic pressure bears down on the nation Health & Wellness Health and wellbeing: an opportunity for investors News Team Tuesday, May 24, 2022 1:00 am http://managersofwealth.com/article/97812/health-and-wellbeing-an-opportunity-for-investors For investors, health and wellbeing megatrends offer exciting long-term prospects, especially if they are interested in sustainable investments. Health & Wellness Simplyhealth annual workplace health and wellbeing survey News Team Monday, May 02, 2022 1:00 am http://managersofwealth.com/article/97307/simplyhealth-annual-workplace-health-and-wellbeing-survey The CIPD/Simplyhealth health and wellbeing survey highlights the importance of not underestimating the ongoing impact of Covid-19. Health & Wellness Feeling good: The future of the $1.5 trillion wellness market News Team Friday, April 29, 2022 1:00 am http://managersofwealth.com/article/97295/feeling-good-the-future-of-the-15-trillion-wellness-market Our new survey shows that a rise in consumer interest and purchasing power presents opportunities across markets, especially as consumer spending rebounds. Health & Wellness The Composition of the Wellness Economy Varies Dramatically Across Countries News Team Thursday, April 21, 2022 1:00 am http://managersofwealth.com/article/97108/the-composition-of-the-wellness-economy-varies-dramatically-across-countries Understanding the make-up of national wellness markets helps spot opportunities and needs. Health & Wellness Changing your diet could add ten years to your life – new research News Team Monday, February 21, 2022 12:00 am http://managersofwealth.com/article/95722/changing-your-diet-could-add-ten-years-to-your-life-ampndash-new-research A new study has found that eating healthier could extend lifespan by six to seven years in middle-aged age adults, and in young adults, could increase lifespan by about ten years. Health & Wellness Putting health and wellbeing first at a time of seismic change News Team Wednesday, January 19, 2022 12:00 am http://managersofwealth.com/article/94930/putting-health-and-wellbeing-first-at-a-time-of-seismic-change 'As we begin 2022, everything is the same and in every other way, it has all changed. Health & Wellness Heathrow urges government to remove testing for fully vaccinated travellers News Aggregation Team Thursday, January 13, 2022 12:00 am http://managersofwealth.com/article/94785/heathrow-urges-government-to-remove-testing-for-fully-vaccinated-travellers As it stands, pre-departure tests have been scrapped while Day 2 PCR tests have been replaced with lateral flows. Covid-19 Credit Suisse chairman to get warning on quarantine breaks News Aggregation Team Monday, January 10, 2022 12:00 am http://managersofwealth.com/article/94646/credit-suisse-chairman-to-get-warning-on-quarantine-breaks Horta-Osorio was forced to apologise for "unintentionally" breaking Swiss quarantine rules in November by flying to the Iberian peninsula aboard a private jet. Covid-19 The Plane Is Boarding, Where Are Your Test Results? News Aggregation Team Sunday, January 02, 2022 12:00 am http://managersofwealth.com/article/94484/the-plane-is-boarding-where-are-your-test-results International travelers in search of Covid-19 tests are scrambling to find sites that can get them results before their flights take off — and sometimes failing. Covid-19 UBS tells European dealmakers not to travel as Omicron worries mount News Aggregation Team Friday, December 03, 2021 12:00 am http://managersofwealth.com/article/93839/ubs-tells-european-dealmakers-not-to-travel-as-omicron-worries-mount The Swiss bank has told staff in its global banking division in Europe not to travel for business purposes as a precautionary measure, according to people familiar with the matter. Covid-19 New Covid variant roils global markets with oil sinking 5% News Aggregation Team Friday, November 26, 2021 12:00 am http://managersofwealth.com/article/93657/new-covid-variant-roils-global-markets-with-oil-sinking-5 Many of these mutations are linked to increased antibody resistance Covid-19 As Covid Closes in, Swiss Debate Office Presence News Aggregation Team Friday, November 26, 2021 12:00 am http://managersofwealth.com/article/93661/as-covid-closes-in-swiss-debate-office-presence Switzerland's drug regulator approved booster shots for a wider swath of the population earlier this week. Covid-19 Delta: study shows pre-flight testing "significantly decreases rate of Covid-19 infections on board" News Aggregation Team Thursday, September 16, 2021 1:00 am http://managersofwealth.com/article/91656/delta-study-shows-pre-flight-testing-ampquotsignificantly-decreases-rate-of-covid-19-infections-on-boardampquot Dr Henry Ting, Delta’s chief health officer, said that the findings confirmed previous simulation models of viral transmission on planes. Covid-19 EU and UK vaccination certificates can now be uploaded into IATA Travel Pass News Team Thursday, August 26, 2021 1:00 am http://managersofwealth.com/article/91075/eu-and-uk-vaccination-certificates-can-now-be-uploaded-into-iata-travel-pass This information can be shared with airlines and border control authorities who can have the assurance that the certificate presented to them is genuine and belongs to the person presenting it. Covid-19 Hong Kong Puts Switzerland On High COVID Risk List News Aggregation Team Tuesday, August 17, 2021 1:00 am http://managersofwealth.com/article/90822/hong-kong-puts-switzerland-on-high-covid-risk-list Switzerland, France, the Netherlands, and the U.S. are among the 15 countries that are to be upgraded to high from medium risk. Covid-19 Wall Street giant to bar unvaccinated staff News Aggregation Team Wednesday, June 23, 2021 1:00 am http://managersofwealth.com/article/89207/wall-street-giant-to-bar-unvaccinated-staff The policy comes into effect next month, in a move aimed to allow the lifting of other Covid-related rules. Covid-19