Managers of Wealth http://managersofwealth.com/ Thu, 13 Dec 2018 09:01:47 GMT part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP UBS expands with new partnership News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64400/ubs-expands-with-new-partnership CBRE Clarion will now incorporate our property securities fund and we are entering into a new partnership with Yarra Capital management who, as of today, will be taking over the management of our large caps funds and small cap funds on behalf of UBS clien Wealth and Asset Management Ambitious expansion plans for Singaporean wealth manager News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64402/ambitious-expansion-plans-for-singaporean-wealth-manager For wealth managers to stay ahead of the curve a unique selling point is a must, this could be access to superior technology, cost advantages or a broader, smarter product range Wealth and Asset Management Pictet Wants Bomb Makers Cut Off From Finance News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64411/pictet-wants-bomb-makers-cut-off-from-finance The weapons targeted by the initiative cause indiscriminate or disproportionate harm and their use is banned or restricted under international conventions, Pictet said. Wealth and Asset Management Nordic group sheds half of wealth unit in strategic deal Mitzi Limlengco Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64413/nordic-group-sheds-half-of-wealth-unit-in-strategic-deal Catella’s ownership in the joint venture structure is expected to generate positive cash flow Wealth and Asset Management Calamos Wealth Management Expands New York Office News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64414/calamos-wealth-management-expands-new-york-office He was previously a senior vice president and wealth advisor at Neuberger Berman Wealth and Asset Management Re-Engineering the Wealth Management Offering in Asia: Products and Platform News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64419/re-engineering-the-wealth-management-offering-in-asia-products-and-platform Another expert noted the evolution of wealth management towards what he called a much more convenient and client-centric model. Wealth and Asset Management Chilean financial services firm launches family office News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64420/chilean-financial-services-firm-launches-family-office It will advise on products ranging from securities to alternative investments, as well as access to global managers through BNY Mellon's Pershing. Wealth and Asset Management Credit Suisse announces 1-1.5 billion Swiss franc share buyback News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64421/credit-suisse-announces-1-15-billion-swiss-franc-share-buyback As a result of known actions that are under our control, we expect to achieve at least a 10 percent return on tangible equity in 2019. Wealth and Asset Management Singapore Life founder named Outstanding CEO of the Year award News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64369/singapore-life-founder-named-outstanding-ceo-of-the-year-award The award was presented at InfluentialBrands' 2018 CEO Asia Summit Wealth and Asset Management UBS Loses $2.2 Billion Wealth Advisory Team to Fast-Growing High-End Rival News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64376/ubs-loses-22-billion-wealth-advisory-team-to-fast-growing-high-end-rival Epperson has been in the wealth management industry since 1998 and also spent a decade at UBS, as a managing director and private wealth advisor, Rockefeller says. Wealth and Asset Management UBS Asset Management names head of China onshore News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64398/ubs-asset-management-names-head-of-china-onshore UBS Asset Management had 815 billion Swiss francs ($830 billion) in assets under management as of Sept. 30. Executive Moves CIMB-Principal Asset Management Announces New CEO for ASEAN Ana Hall Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64399/cimb-principal-asset-management-announces-new-ceo-for-asean Former CEO of ASEAN, Alejandro Echegorri to assume role as Chief Investment Officer with Principal Asia Executive Moves Credit Suisse scores four JPM Private Bank LatAm advisors News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64406/credit-suisse-scores-four-jpm-private-bank-latam-advisors A person with knowledge of the matter estimated their collective book of business was about $1 billion and said they averaged 15 to 20 years of industry experience. Executive Moves UBS Executive Joins Advisors Asset Management Ana Hall Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64407/ubs-executive-joins-advisors-asset-management She spent 20 years at Merrill Lynch, serving in senior management roles in Global Wealth Management and International Private Client and Banking, and as Head of Products and Services for Toronto-based Merrill Lynch Canada. Executive Moves Vontobel Asset Strategist Exits Ana Hall Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64410/vontobel-asset-strategist-exits Vontobel's asset management is merging its multi-asset class boutique into a quantitative boutique which operates as Vescore. Executive Moves London & Capital appoints Sales Director News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64370/london-ampamp-capital-appoints-sales-director Hunter has over 25 years’ experience in the Banking and Wealth Management sectors Executive Moves UBS names sole investment solutions head in senior exec reshuffle News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64381/ubs-names-sole-investment-solutions-head-in-senior-exec-reshuffle As the sole head of IPS, Wiesendanger will oversee the firm’s global wealth management offerings including advisory programs, alternative investments, capital markets, wealth planning and banking solutions. Executive Moves BBVA Compass names new wealth head News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64388/bbva-compass-names-new-wealth-head The reorganization resulted in BBVA Compass’ investment and insurance business lines coming under a single unit called Investment Services. Executive Moves WH Ireland ropes in ex-Brewin heavyweight for wealth management transformation News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64409/wh-ireland-ropes-in-ex-brewin-heavyweight-for-wealth-management-transformation Wealth manager posted £1.6m loss for 2018 Executive Moves SYZ AM appoints M&G veteran as CEO Ana Hall Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64412/syz-am-appoints-mampampg-veteran-as-ceo The SYZ Banking Group is very pleased to announce that effective 7th January 2019, William Nott will be appointed as CEO* for SYZ Asset Management. He will become a member of the Executive Committee of the Group and a key shareholder of SYZ Asset Managem Executive Moves FCA Seek Retrial of Ex-UBS Compliance Officer On Insider Case News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64415/fca-seek-retrial-of-ex-ubs-compliance-officer-on-insider-case The defendants allegedly made £1.8 million in profit through the inside trading of stocks. Legal,Regulation,Tax & Compliance China's Rich Rush to Shelter $1 Trillion From New Taxes News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64423/chinaamp039s-rich-rush-to-shelter-1-trillion-from-new-taxes The reforms, which take effect Jan. 1, are meant to reduce the tax burden on lower-and middle-income people by making the rich pay more. Legal,Regulation,Tax & Compliance Estranged husband of daughter of one of India's richest billionaires loses fight for £1m divorce cash after judge rules the £130,000-a-year City high-flier does not need money from his ex News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64371/estranged-husband-of-daughter-of-one-of-indiaamp039s-richest-billionaires-loses-fight-for-amppound1m-divorce-cash-after-judge-rules-the-amppound130000-a-year-city-high-flier-does-not-need-money-from-his-ex The judge said Mr Daga earned £130,000 a year and did not 'need' money from his ex-wife. Legal,Regulation,Tax & Compliance BlackRock and peers slash research budgets as new EU rules squeeze brokers News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64372/blackrock-and-peers-slash-research-budgets-as-new-eu-rules-squeeze-brokers With the rules making clear how much investors are being charged for research, many asset managers are scrutinising more than ever what they’re paying for and using less. Legal,Regulation,Tax & Compliance US anti-money-laundering bill could reappear early next year News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64373/us-anti-money-laundering-bill-could-reappear-early-next-year Critics say the proposed law, which stalled following the US mid-term elections, would place an unnecessary burden on dealers Legal,Regulation,Tax & Compliance MIIPA: Malta sets new citizenship by investment standard News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64391/miipa-malta-sets-new-citizenship-by-investment-standard At the Malta Individual Investor Programme Agency, we believe success stems from a combination of proactiveness, timeliness and determination. Legal,Regulation,Tax & Compliance AXIS extends CEO Benchimol's contract to 2023 News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64393/axis-extends-ceo-benchimolamp039s-contract-to-2023 Benchimol assumed the CEO role in May 2012 and has served as a director since January 2012. Legal,Regulation,Tax & Compliance UK government slammed for U-turn on ‘golden visa’ suspension News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64396/uk-government-slammed-for-u-turn-on-amplsquogolden-visaamprsquo-suspension The Home Office announced it was suspending Tier 1 Investor visas on 6 December, effective from midnight that day Legal,Regulation,Tax & Compliance Credit Suisse Suspected of Failings in Wealth-Manager Probe News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64354/credit-suisse-suspected-of-failings-in-wealth-manager-probe This is the second fraud case in recent years in the Swiss city involving client assets at Credit Suisse. Legal,Regulation,Tax & Compliance Environmental Protection Parliament rejects proposal to tax plane tickets News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64364/environmental-protection-parliament-rejects-proposal-to-tax-plane-tickets "Flying has become extremely cheap; it defies common sense," said parliamentarian Lisa Mazzone. Legal,Regulation,Tax & Compliance UBS Said to Prepare Cloud Move to Secret Microsoft Data Centers News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64417/ubs-said-to-prepare-cloud-move-to-secret-microsoft-data-centers Banks in Switzerland, the world’s largest center for offshore wealth, are under pressure to cut costs as low interest rates and the dismantling of the nation’s banking secrecy squeeze profits. FinTech Morgan Stanley Announces Technology Partnership with Yext to Enhance Financial Advisors’ Digital Presence and Increase Prospecting Success Through Intelligent Search Mitzi Limlengco Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64378/morgan-stanley-announces-technology-partnership-with-yext-to-enhance-financial-advisorsamprsquo-digital-presence-and-increase-prospecting-success-through-intelligent-search By maintaining current page design on the front end and using the Yext Knowledge Engine for our backend website management technology, Morgan Stanley Financial Advisors will now be able to quickly and seamlessly engage with clients and prospects in the mo FinTech Finantix announces a strategic growth investment by Motive Partners Ana Hall Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64379/finantix-announces-a-strategic-growth-investment-by-motive-partners Finantix founders and the management team will continue to lead the company to achieve a shared vision and to ensure high service quality to all existing and future clients. FinTech How Cyberattacks Hurt the Wealthy News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64345/how-cyberattacks-hurt-the-wealthy This is particularly true for ultra wealthy individuals and celebrities with active social media accounts, which some protect with easy-to-decipher passwords, despite their importance. FinTech The 2019 investment horizon – the big trends coming down the track Ana Hall Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64355/the-2019-investment-horizon-ampndash-the-big-trends-coming-down-the-track Ideas from the CIO at Canaccord Genuity Wealth Management FinTech $1 Million Bet: Crypto Hedge Fund Wagers Crypto to Outperform Stock Market This Decade News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64301/1-million-bet-crypto-hedge-fund-wagers-crypto-to-outperform-stock-market-this-decade The cryptocurrency investment firm is calling the challenge the Buffett Bet 2.0, mimicking Warren Buffet’s 2007 decision to bet $1 million that the S&P 500 would do better than a group of hedge funds against asset manager Protégé P FinTech Is technology the climate saviour? News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64273/is-technology-the-climate-saviour This is close to the emissions reduction targets of 2050, but misses the Paris Agreement climate targets for 2030. FinTech IRESS launches client portal through XPLAN software News Aggregation Team Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64231/iress-launches-client-portal-through-xplan-software IRESS has launched a customisable client portal via its XPLAN software. FinTech Robo-Advisers Brace for a Downturn With Less Risky Options News Aggregation Team Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64233/robo-advisers-brace-for-a-downturn-with-less-risky-options Robo-adviser startups have greatly benefited from the boom times by referring people to high-performing, low-cost exchange-traded funds. FinTech Cryptocurrency and Digital Asset Custody – Solving the Security Conundrum News Aggregation Team Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64222/cryptocurrency-and-digital-asset-custody-ampndash-solving-the-security-conundrum Cryptocurrencies - he reported - have had a major struggle this year FinTech This Miami-based firm has a $50 million minimum News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64313/this-miami-based-firm-has-a-50-million-minimum Half of the $7.3 billion under management at WE Family Offices is from non-U.S. clients Family Office Raffles Family Office: On the Road to Worldwide Expansion News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64269/raffles-family-office-on-the-road-to-worldwide-expansion We operate with an independence of thought and action, with a clear focus on sourcing the most suitable products on the market for our clients. Family Office Family offices embrace real estate, eye further allocations News Aggregation Team Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64237/family-offices-embrace-real-estate-eye-further-allocations Overall, real estate is currently the third largest asset class component of family offices’ portfolios. Family Office Canaccord Genuity invests in Family Office Networks Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64241/canaccord-genuity-invests-in-family-office-networks This investment will serve to strengthen Canaccord Genuity's distribution channel for new issues and other product offerings within its key verticals in capital markets and wealth management. Family Office Triple recognition for Crestbridge Family Office team Wednesday, December 05, 2018 12:00 am http://managersofwealth.com/article/64215/triple-recognition-for-crestbridge-family-office-team The success of our clients really matters to us Family Office Family office gains ground among India’s super rich News Aggregation Team Tuesday, December 04, 2018 12:00 am http://managersofwealth.com/article/64168/family-office-gains-ground-among-indiaamprsquos-super-rich It also provides counselling and concierge services to family members, and enables a smooth transition of wealth from one generation to another. Family Office Succession planning: Need of the hour for family offices News Aggregation Team Tuesday, December 04, 2018 12:00 am http://managersofwealth.com/article/64169/succession-planning-need-of-the-hour-for-family-offices A report by Edelweiss Private Wealth Management and Campden Family Connect shows that only 19% of succession plans are written and formally agreed. Family Office Akram & Associates continues to focus on emerging managers and US family offices News Aggregation Team Monday, December 03, 2018 12:00 am http://managersofwealth.com/article/64153/akram-ampamp-associates-continues-to-focus-on-emerging-managers-and-us-family-offices Pass-through entity owners can pay up to an effective tax rate up to 37 per cent on income. Family Office Multi-family offices failing to meet Mifid II deadlines News Aggregation Team Thursday, November 29, 2018 12:00 am http://managersofwealth.com/article/64049/multi-family-offices-failing-to-meet-mifid-ii-deadlines Many believed that the regulation was not directly relevant to them, believing Mifid II would only impact much larger financial institutions. Family Office A 'remarkable' year: our top 10 family office stories of 2018 News Aggregation Team Thursday, November 29, 2018 12:00 am http://managersofwealth.com/article/64086/a-amp039remarkableamp039-year-our-top-10-family-office-stories-of-2018 We run through some of the family office stories that stole the headlines this year. Family Office We’re in the money! Increasing wealth leads to growing appetite for luxury goods, shows KPMG report News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64358/weamprsquore-in-the-money-increasing-wealth-leads-to-growing-appetite-for-luxury-goods-shows-kpmg-report The value of this segment this year is estimated at PLN 15.5 billion. Luxury Cost of luxury goods rising ‘faster than CPI’ News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64360/cost-of-luxury-goods-rising-amplsquofaster-than-cpiamprsquo The Coutts index, published twice a year, covers around 150 goods and services from across 12 categories. Luxury Choosing art for the home is about mixing things up – the right way News Aggregation Team Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64302/choosing-art-for-the-home-is-about-mixing-things-up-ampndash-the-right-way Art has become more affordable – portraits, photographs, sculptures and paintings can liven up a living space, but selecting carefully is key Luxury The Business of Private Jets News Aggregation Team Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64304/the-business-of-private-jets While airline-focused manufacturers such as Boeing and Airbus have made great strides in their newest aircraft models in the past decade, Gulfstream has been making strides of its own Luxury Emirates shows off diamond-encrusted jumbo jet, confusing the internet News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64308/emirates-shows-off-diamond-encrusted-jumbo-jet-confusing-the-internet It called the plane the 'Bling 777' and credited the image to Ms Shakeel, but some Twitter users still believed the plane was real. Luxury Buy This Penthouse and Get a New Rolls-Royce and Lamborghini Thrown In News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64311/buy-this-penthouse-and-get-a-new-rolls-royce-and-lamborghini-thrown-in The Mansions at Acqualina, in Miami Beach, will include an Aventador and Cullinan to fill the personal garage. Luxury 2019 Audi E-Tron first drive review News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64314/2019-audi-e-tron-first-drive-review Audi built an electric SUV for buyers who want gasoline-free to mean stress-free Luxury Wooden chests and gold add-ons – This is the luxury Monopoly edition News Aggregation Team Wednesday, December 05, 2018 12:00 am http://managersofwealth.com/article/64196/wooden-chests-and-gold-add-ons-ampndash-this-is-the-luxury-monopoly-edition It showcases a recessed faux-leather rolling area with gold foil stamping along with a complimenting faux-leather Title Deed card holder, also embellished in gold. Luxury Hilton Outlines Big Growth For Luxury Brands News Aggregation Team Wednesday, December 05, 2018 12:00 am http://managersofwealth.com/article/64211/hilton-outlines-big-growth-for-luxury-brands Guests are typically combining one or two nights in the residence as a novelty combining it with other accommodations at the resort. Luxury Porsche 911 GT2 RS Clubsport is a limited edition 700 horsepower racetrack-only beast News Aggregation Team Monday, December 03, 2018 12:00 am http://managersofwealth.com/article/64119/porsche-911-gt2-rs-clubsport-is-a-limited-edition-700-horsepower-racetrack-only-beast The power is sent to the rear wheels through a seven-speed dual-clutch gearbox. Luxury Global super-rich bought 153 homes for at least £20m each in past year News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64338/global-super-rich-bought-153-homes-for-at-least-amppound20m-each-in-past-year Highest number of sales in Hong Kong as London’s ultra-prime housing market slips amid Brexit concerns Extremely Wealthy How Madoff's Multi-Billion Fraud Changed the Hedge Fund Industry News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64350/how-madoffamp039s-multi-billion-fraud-changed-the-hedge-fund-industry The impact of that has been staggering: Investors have pulled their money from funds of funds for 10 straight years. Extremely Wealthy The 25 richest families in the world, ranked News Aggregation Team Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64305/the-25-richest-families-in-the-world-ranked Bloomberg determined its ranking based on net worth figures from June 15, 2018. Extremely Wealthy Rich retirees are paying over $1 million to move into luxury communities News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64288/rich-retirees-are-paying-over-1-million-to-move-into-luxury-communities Included in the cost is continental breakfast as well as 21 flexible meals, plus weekly housekeeping and wellness and fitness programs Extremely Wealthy Are super-yachts the best places to keep your art collection? News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64289/are-super-yachts-the-best-places-to-keep-your-art-collection From conservation and insurance to customs and tax issues, the complications of keeping art on boats Extremely Wealthy South Africa’s richest man reveals how he built his wealth News Aggregation Team Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64227/south-africaamprsquos-richest-man-reveals-how-he-built-his-wealth When asked about how his family’s empire was built up, Rupert said: “Obviously there needs to be an opportunity in the market. It’s not good trying to do something for which there is no market.” Extremely Wealthy Belgian Billionaire Investor, Dies at 92 News Aggregation Team Tuesday, December 04, 2018 12:00 am http://managersofwealth.com/article/64166/belgian-billionaire-investor-dies-at-92 Held stakes in companies ranging from Total to Pernod Ricard Extremely Wealthy Hong Kong tycoon Walter Kwok's sons inherit US$3.1b stake in developer. News Aggregation Team Friday, November 30, 2018 12:00 am http://managersofwealth.com/article/64102/hong-kong-tycoon-walter-kwokamp039s-sons-inherit-us31b-stake-in-developer The filings don't disclose the exact shareholding of each son. Extremely Wealthy The ultimate high-fliers: The ultra-wealthy planning to be the first tourists in space News Aggregation Team Friday, November 30, 2018 12:00 am http://managersofwealth.com/article/64117/the-ultimate-high-fliers-the-ultra-wealthy-planning-to-be-the-first-tourists-in-space Space tourism, likely to be enjoyed initially only by the extremely wealthy, is getting closer Extremely Wealthy These are the top hobbies that SA's wealthy people get up to News Aggregation Team Thursday, November 29, 2018 12:00 am http://managersofwealth.com/article/64056/these-are-the-top-hobbies-that-saamp039s-wealthy-people-get-up-to South Africa is home to some of the biggest golf courses in the world such as Fancourt Links, the Gary Player CC at Sun City and Leopard Creek. Extremely Wealthy Technology democratizes wealth management News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64401/technology-democratizes-wealth-management Fintech opens many new opportunities for businesses to develop their range of services and tap into a broader client base, irrevocably democratizing wealth management Comment & Analysis Catalyzing the growth of the impact economy News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64404/catalyzing-the-growth-of-the-impact-economy Consumers would direct greater shares of their spending to social enterprises, thereby spurring large mainstream companies to measure and pursue impact. Comment & Analysis Sustainable investing starts to curry favour News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64405/sustainable-investing-starts-to-curry-favour With the necessity to limit resource use and greenhouse gas emissions, sustainability and disruption will increasingly move in tandem as the global economy shifts gear Comment & Analysis The Future of Ultrahigh-End Space Travel News Aggregation Team Thursday, December 13, 2018 12:00 am http://managersofwealth.com/article/64418/the-future-of-ultrahigh-end-space-travel The price of admission is $55 million, which means the market is small, admits Amir Blachman, Axiom’s vice president for strategic development. Comment & Analysis Steve A. Cohen With Glenn Fuhrman: On Investing, Philanthropy And Art News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64386/steve-a-cohen-with-glenn-fuhrman-on-investing-philanthropy-and-art Mr. Cohen founded SAC Capital in 1992 and converted his investment operations to the Point72 Asset Management family office in 2014. Comment & Analysis Balancing the ‘digital’ and ‘human’ in the wealth management sector by Penny Lovell Penny Lovell Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64254/balancing-the-amplsquodigitalamprsquo-and-amplsquohumanamprsquo-in-the-wealth-management-sector-by-penny-lovell We realised that the financial services community, and more specifically, the wealth management remits, were lacking any form of platform or conversation space to explore important areas. Comment & Analysis Why Billionaire Investors Still Remain Positive on Long-Term Trend of Crypto News Aggregation Team Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64317/why-billionaire-investors-still-remain-positive-on-long-term-trend-of-crypto Throughout the past nine years, Bitcoin has suffered five bubble-crash-build-rally cycles wherein the dominant cryptocurrency dropped by about 85 percent on average and recovered to a new all-time high. Comment & Analysis Luxury prices rise twice as fast as inflation reveals latest Luxury Inflation Index from Coutts Ana Hall Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64327/luxury-prices-rise-twice-as-fast-as-inflation-reveals-latest-luxury-inflation-index-from-coutts A key finding from the latest CLPI, published twice a year, is that secondary school fees have tripled in 20 years and the cost of a private education continues to rise faster than inflation. Comment & Analysis The evolution of an independent advisory firm News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64312/the-evolution-of-an-independent-advisory-firm The J.P. King story began with their switch from that legacy desktop performance reporting, billing and portfolio accounting system to the Black Diamond® Wealth Platform. Comment & Analysis Citi Private Bank Issues Outlook 2019 Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64265/citi-private-bank-issues-outlook-2019 Citi Private Bank releases its key market views and investment themes for 2019 and beyond Comment & Analysis Impact investment can make a difference in Africa News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64274/impact-investment-can-make-a-difference-in-africa While it’s true that the LPs of impact funds are often still driven by financial returns, they are often willing to accept a discounted return in exchange for the knowledge that their capital is making a meaningful social or environmental impact. Alternative Investments SGG Group completes acquisition of Augentius Ana Hall Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64283/sgg-group-completes-acquisition-of-augentius The services offered by Augentius will complement SGG Group’s current funds offering, including a leading technological platform and experienced and specialist teams with a reputation for providing a high quality service. Alternative Investments Geneva WM to partner with French advisory News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64286/geneva-wm-to-partner-with-french-advisory The partnership will also allow the AppleTree to benefit from the French firm's IT infrastructure. Alternative Investments This Swiss Village Bet on Hedge Funds and Lost News Aggregation Team Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64261/this-swiss-village-bet-on-hedge-funds-and-lost After shifting away from finance as an engine of the economy, Pfaeffikon is finding prosperity again. Alternative Investments World Bank Group Announces $200 billion over Five Years for Climate Action Tuesday, December 04, 2018 12:00 am http://managersofwealth.com/article/64170/world-bank-group-announces-200-billion-over-five-years-for-climate-action Funding for 2021-2025 includes a significant boost for adaptation and resilience Alternative Investments New builds are redefining UK prime property sales trends says Investec study News Aggregation Team Thursday, November 29, 2018 12:00 am http://managersofwealth.com/article/64046/new-builds-are-redefining-uk-prime-property-sales-trends-says-investec-study Forecasts for the prime property market in 2018 were based on early prime property sales data for the first half of 2018. Alternative Investments RBC takes robo-advisor service national Thursday, November 29, 2018 12:00 am http://managersofwealth.com/article/64087/rbc-takes-robo-advisor-service-national RBC InvestEase brings convenience, speed and simplicity to fit Canadians’ busy lifestyles Alternative Investments TMF Group to buy FiduPerú, in deal aimed at expanding LATAM capital markets News Aggregation Team Wednesday, November 28, 2018 12:00 am http://managersofwealth.com/article/64030/tmf-group-to-buy-fiduperampuacute-in-deal-aimed-at-expanding-latam-capital-markets TMF Group, a leading provider of high value business services to clients operating and investing globally, is to buy FiduPerú S.A., a Peruvian trust and fiduciary services specialist. Alternative Investments TISE green market segment welcomed by Guernsey Finance Tuesday, November 27, 2018 12:00 am http://managersofwealth.com/article/64001/tise-green-market-segment-welcomed-by-guernsey-finance TISE GREEN listing is open to investments from any jurisdiction. Alternative Investments Hedge fund manager’s tearful apology video after losing $200 million of clients’ money goes viral News Aggregation Team Friday, November 23, 2018 12:00 am http://managersofwealth.com/article/63934/hedge-fund-manageramprsquos-tearful-apology-video-after-losing-200-million-of-clientsamprsquo-money-goes-viral A hedge fund manager who lost hundreds of millions of dollars of clients’ money has gone viral for a tearful apology video. Alternative Investments Lotus is reportedly building a $2.6 million all-electric hypercar News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64375/lotus-is-reportedly-building-a-26-million-all-electric-hypercar There are talks of even a Lotus SUV. Extremely Expensive Global super-rich target Sydney's harbourside mega-mansions News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64361/global-super-rich-target-sydneyamp039s-harbourside-mega-mansions All five Sydney properties, including sprawling mansions bought by two of Australia's newest billionaires for an estimated $100 million and $71 million, are located in the city's eastern suburbs, securing world-famous views of the harbour. Extremely Expensive A French perfume brand makes $20 million, diamond-encrusted bottles and flies clients around the world in a private jet to collect ingredients for one-of-a-kind scents News Aggregation Team Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64318/a-french-perfume-brand-makes-20-million-diamond-encrusted-bottles-and-flies-clients-around-the-world-in-a-private-jet-to-collect-ingredients-for-one-of-a-kind-scents Rançon said they've sold one $1.5-million-bottle so far — with gold "armor" and encrusted diamonds Extremely Expensive Inside the 91m yacht seized by Malaysia News Aggregation Team Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64330/inside-the-91m-yacht-seized-by-malaysia Later investigations led to asset seizures spearheaded by the US DoJ, amongst which was Equanimity. Extremely Expensive 11 Castles You Can Actually Rent on Airbnb News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64297/11-castles-you-can-actually-rent-on-airbnb Depending on how many people you're traveling with, you can book one of the five individual Airbnbs (from $85 per night) Extremely Expensive This amazing estate could be yours for just £32.5m News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64306/this-amazing-estate-could-be-yours-for-just-amppound325m Over 3,500 acres of land currently owned by The Crown Estate Extremely Expensive Wines of the week: The 12 Bottles To Drink Over Christmas News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64310/wines-of-the-week-the-12-bottles-to-drink-over-christmas Red, white, sparkling and dessert – Terry Kirby ensures you have the perfect option for whatever festive feasts are planned Extremely Expensive Fine Art Collectors Are in a Buying Mood News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64275/fine-art-collectors-are-in-a-buying-mood The wealth manager, a lead sponsor of Art Basel, interviewed 175 fine art collectors with investable assets of at least $5 million from Nov. 14-26. Extremely Expensive At $3 million this is Europe’s most expensive Christmas tree News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64276/at-3-million-this-is-europeamprsquos-most-expensive-christmas-tree Resurrected in cooperation with the Austrian Mint, the three-meter-high tree takes over an hour to assemble and is currently on display at Pro Aurum’s Munich gold house until December 15. Extremely Expensive Shanghai named Asia’s most expensive city for rich shoppers News Aggregation Team Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64230/shanghai-named-asiaamprsquos-most-expensive-city-for-rich-shoppers Shanghai’s large price tag for the item is due to high import tariffs on luxury jewellery – approximately 40 percent – while the findings on the two other cities arose from the twin effects of higher prices in Hong Kong and marked declin Extremely Expensive HNW Clients Want More Than 'Good' Service From Their Advisors News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64374/hnw-clients-want-more-than-amp039goodamp039-service-from-their-advisors Ranked just as high by clients are trust and transparency. Research We should aspire to be free from the control of the private banking system News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64380/we-should-aspire-to-be-free-from-the-control-of-the-private-banking-system So by this time the world could have been back on its financial feet, with a full reserve banking system, and a real programme of debt reduction. Research 68% of wealth managers think their firm’s technology is poor News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64383/68-of-wealth-managers-think-their-firmamprsquos-technology-is-poor This number is set to increase even though a large proportion of wealth managers are behind on their mobile offerings. Research What are the financial implications of climate change? News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64387/what-are-the-financial-implications-of-climate-change Lawsuits, disrupted supply chains, property damage and asset writedowns are all risks to screen for, say experts Research Top 10 richest countries in Africa in 2018 News Aggregation Team Wednesday, December 12, 2018 12:00 am http://managersofwealth.com/article/64394/top-10-richest-countries-in-africa-in-2018 This will give us a better picture of the top 10 richest countries in Africa now. Research Wealth of India’s super rich to rise 87% in 5 years: Report News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64343/wealth-of-indiaamprsquos-super-rich-to-rise-87-in-5-years-report India’s UHNWIs are also slightly younger than their global counterparts, with an average age of 58 compared with 62 globally. Research 'Change the Only Constant' as Campden Conference Helps North American Families Plan for Future News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64352/amp039change-the-only-constantamp039-as-campden-conference-helps-north-american-families-plan-for-future Campden strives to help families engage with peers, experts, and best-in-class partners, to encourage stronger stewardship of their family’s wealth and legacy. Research UBP Investment Outlook 2019 Mitzi Limlengco Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64322/ubp-investment-outlook-2019 Several factors are expected to cause all regions to lose momentum, as well as becoming increasingly desynchronised. Research Our Shared Digital Future: Building an Inclusive, Trustworthy and Sustainable Digital Society Ana Hall Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64325/our-shared-digital-future-building-an-inclusive-trustworthy-and-sustainable-digital-society The publication seeks to serve as a conversation starter, as the world celebrates the milestone of more than half of the world’s population Research Sally Hamilton: The mother of NINE (who ran a £50billion fund) on a mission to help women take charge of their money News Aggregation Team Sunday, December 09, 2018 12:00 am http://managersofwealth.com/article/64303/sally-hamilton-the-mother-of-nine-who-ran-a-amppound50billion-fund-on-a-mission-to-help-women-take-charge-of-their-money Helena Morrissey is one of the country’s most successful female fund managers Research 6 Ways You Put Your Data at Risk When You Travel News Aggregation Team Tuesday, December 11, 2018 12:00 am http://managersofwealth.com/article/64366/6-ways-you-put-your-data-at-risk-when-you-travel You probably don't even know you're doing it. Executive Travel According to TripAdvisor these are the top 10 fine dining restaurants in the world News Aggregation Team Monday, December 10, 2018 12:00 am http://managersofwealth.com/article/64298/according-to-tripadvisor-these-are-the-top-10-fine-dining-restaurants-in-the-world Rather than judging panel, these awards are determined by the millions of reviews posted over 12 months from diners who have visited the restaurants. Executive Travel Bordeaux's Château Montrose joins Cathay Pacific first class wine list News Aggregation Team Friday, December 07, 2018 12:00 am http://managersofwealth.com/article/64292/bordeauxamp039s-champacircteau-montrose-joins-cathay-pacific-first-class-wine-list The addition of Château Montrose to Cathay Pacific’s first class wine list follows the April refresh of its rotating Grandes Marques Champagnes selections. Executive Travel VistaJet Launches the First Global Program for Wine in the Air Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64250/vistajet-launches-the-first-global-program-for-wine-in-the-air The leading private aviation company redefines wine in flight with a collection of expert findings, signature and wine club selections, tastings in the sky and curated tours Executive Travel The world's best glamping spots for 2019 revealed News Aggregation Team Thursday, December 06, 2018 12:00 am http://managersofwealth.com/article/64252/the-worldamp039s-best-glamping-spots-for-2019-revealed Including an African safari for just £86 per night Executive Travel All-business-class boutique airline launches New York-Nice service News Aggregation Team Wednesday, December 05, 2018 12:00 am http://managersofwealth.com/article/64206/all-business-class-boutique-airline-launches-new-york-nice-service With the arrival of the new plane, La Compagnie will grow its fleet to three aircrafts, further allowing the airline to develop its offer with a new trans-Altantic flight and direct access to the South of France during prime season. Executive Travel Check your tickets! Here are the 20 safest airlines in the world News Aggregation Team Tuesday, December 04, 2018 12:00 am http://managersofwealth.com/article/64187/check-your-tickets-here-are-the-20-safest-airlines-in-the-world AirlineRatings.com audited over 400 airlines from around the globe. Executive Travel The 10 Best Places to Live in the World News Aggregation Team Monday, December 03, 2018 12:00 am http://managersofwealth.com/article/64126/the-10-best-places-to-live-in-the-world You'll notice a few changes to this year's top 10, including Melbourne being bumped out of first place and Japan nabbing two spots Executive Travel There's A Secret British Airways Lounge At Heathrow And Here's How You Can Get In News Aggregation Team Monday, December 03, 2018 12:00 am http://managersofwealth.com/article/64140/thereamp039s-a-secret-british-airways-lounge-at-heathrow-and-hereamp039s-how-you-can-get-in Those travelers can use the Galleries First Lounge regardless of which class they are flying in, a nice perk and one of the reasons road warriors stay loyal to their airlines despite service snafus and delays. Executive Travel Billionaires And Romantics Will Love These Best New Cruise Ship Suites News Aggregation Team Monday, December 03, 2018 12:00 am http://managersofwealth.com/article/64147/billionaires-and-romantics-will-love-these-best-new-cruise-ship-suites One goal for these Kelly Hoppen designed mini-palaces is to entice first-time cruisers who regularly vacation at the likes of Four Seasons, St. Regis, Rosewood, Ritz-Carlton and other high-end luxury hotel brands. Executive Travel