Managers of Wealth http://managersofwealth.com/ Sat, 01 Oct 2022 06:22:57 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Standard Chartered Singapore launches first-of-its-kind affluent deposit account News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100384/standard-chartered-singapore-launches-first-of-its-kind-affluent-deposit-account Exclusive to its Priority Banking2 segment, clients can earn up to 3.50% p.a. interest on the first SGD500,0000 of deposit balance with no lock-in period and no spend criteria. Wealth and Asset Management Capital Raise Looks More Likely at Credit Suisse News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100386/capital-raise-looks-more-likely-at-credit-suisse The 4 billion Swiss franc capital raise could be the result of a strategic overhaul that plans high restructuring charges and exit costs of non-core positions. Wealth and Asset Management Suntera Global Director Shortlisted for IOD Jersey Awards News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100393/suntera-global-director-shortlisted-for-iod-jersey-awards The Jersey Director of the Year Awards are designed to recognise directors who are helping to lead their teams through the current difficult economic climate, and to also celebrate equality, diversity and inclusion, sustainability, and young directors. Wealth and Asset Management Arbuthnot enters MPS battleground News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100389/arbuthnot-enters-mps-battleground The private bank is offering its MPS to UK advisers on the Quilter, Fidelity, Aviva and Transact platforms. Wealth and Asset Management Sustainable agricultural business wins FBN Next Generation Lombard Odier Award 2022 News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100400/sustainable-agricultural-business-wins-fbn-next-generation-lombard-odier-award-2022 The prize was won by Fardan Fahad Alfardan for “Safwa”, his sustainable agricultural business which uses technology to grow produce whilst limiting the impact on the Earth. Wealth and Asset Management BoE Money & Credit data: Mortgage lending soars despite market chaos News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100401/boe-money-ampamp-credit-data-mortgage-lending-soars-despite-market-chaos One thing’s for sure, the end of 2022 will be very different to the start of the year with first-time buyers potentially frozen out Wealth and Asset Management Brooks Macdonald buys Manchester-based IFA News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100402/brooks-macdonald-buys-manchester-based-ifa Adroit will continue to work closely with Slater and Gordon to ensure clients have the support they require, the firm said. Wealth and Asset Management Swiss bank UBP’s Nordic acquisitions boost European hub in Luxembourg News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100405/swiss-bank-ubpamprsquos-nordic-acquisitions-boost-european-hub-in-luxembourg In recent years, Union Bancaire Privée has embarked on a wave of external growth in the Scandinavian markets. Wealth and Asset Management Ex-Credit Suisse Chairman Urs Rohner: Guilt Without Atonement News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100406/ex-credit-suisse-chairman-urs-rohner-guilt-without-atonement Rohner spent five years on Credit Suisse's Group Executive Board and twelve years on the board of Switzerland's second-largest bank, during which time it slid deeper and deeper into crisis. Wealth and Asset Management 100 Years Robert Holzach: The Last Gentleman Banker News Aggregation Team Thursday, September 29, 2022 1:00 am http://managersofwealth.com/article/100356/100-years-robert-holzach-the-last-gentleman-banker His name is hardly familiar in the Swiss financial sector, even though this banker left a great legacy. Wealth and Asset Management Santander Miami senior advisor duo exits for Merrill Lynch News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100388/santander-miami-senior-advisor-duo-exits-for-merrill-lynch Felipe Quintero Corredor and Juan Carlos Londoño have joined Merrill Lynch WM’s Brickell Avenue-based complex led by Andres de Corral, the firm’s Florida region managing director. Executive Moves JM Finn hires Hawksmoor's Deverell for new COO post News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100390/jm-finn-hires-hawksmooramp039s-deverell-for-new-coo-post He will be responsible for developing various strategic initiatives across the business Executive Moves Crescent announces Deputy Managing Director News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100391/crescent-announces-deputy-managing-director Miriam has more than 20 years’ experience managing large and geographically diverse teams, across multiple industries including pharmaceuticals, banking and agribusiness. Executive Moves Sionic Announces Global Promotions News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100392/sionic-announces-global-promotions Our latest promotions recognise the achievements of colleagues across all our specialisms Executive Moves Change in the Board of Directors at the CREALOGIX Group News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100395/change-in-the-board-of-directors-at-the-crealogix-group The Board of Directors will propose the election of Jörg Zulauf (64 years old, Swiss national) at the Annual General Meeting of CREALOGIX Holding AG on the 26th of October 2022. Executive Moves Evan-Cook appointed adviser to Johnston multi-asset funds News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100396/evan-cook-appointed-adviser-to-johnston-multi-asset-funds The Citywire columnist and Downing fund manager is now an investment adviser for the £149m range. Executive Moves Good Lord: Remnant succeeds Waldegrave as Coutts chair News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100397/good-lord-remnant-succeeds-waldegrave-as-coutts-chair Coutts & Co has announced Lord Waldegrave will step down as its chairman and be replaced by Lord Remnant. Executive Moves Family office's Swiss CEO exits for Deutsche after a year News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100398/family-officeamp039s-swiss-ceo-exits-for-deutsche-after-a-year They will focus on family offices and ultra-high-net-worth-individuals Executive Moves Thomas Miller appoints new Chief Executive News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100403/thomas-miller-appoints-new-chief-executive Hugh Titcomb Joined Thomas Miller in 2016 having held a broad range of senior leadership roles within the financial services sector. Executive Moves St. Gallen financial boutique expands management News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100409/st-gallen-financial-boutique-expands-management The St. Gallen-based company Cronberg is expanding its management team with Alessandro Sgro at the beginning of 2023 Executive Moves Millions in fines against UBS and Credit Suisse for text messaging News Aggregation Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100344/millions-in-fines-against-ubs-and-credit-suisse-for-text-messaging From 2018 to 2021, employees of the fined financial firms routinely communicated about business matters using messaging applications on their personal devices. Legal,Regulation,Tax & Compliance Saltus: Nearly 80% of HNWIs weren’t asking for tax cuts News Aggregation Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100352/saltus-nearly-80-of-hnwis-werenamprsquot-asking-for-tax-cuts Prior to Friday's Budget, nearly 80% of wealthy individuals said in a survey that they were paying the right amount or not enough tax. Legal,Regulation,Tax & Compliance FCA aware of Schroder trust valuation mistake News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100281/fca-aware-of-schroder-trust-valuation-mistake The company’s shares have, in fact, dropped by nearly 60 per cent in the period since the IPO. Legal,Regulation,Tax & Compliance The Rise of Fiscal Dominance News Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100286/the-rise-of-fiscal-dominance It should not be forgotten that, as the global financial crisis unfolded, the US Federal Reserve led the response by cutting interest rates to zero and deploying its balance sheet for the first time in its history to battle the deflationary shock. Legal,Regulation,Tax & Compliance Mini-Budget: Chancellor scraps 45% income tax rate News Aggregation Team Friday, September 23, 2022 1:00 am http://managersofwealth.com/article/100259/mini-budget-chancellor-scraps-45-income-tax-rate Tax rate to fall from 45% to 40% for those earning more than £150,000. Legal,Regulation,Tax & Compliance Fed ready to bring the pain in inflation fight News Team Thursday, September 22, 2022 1:00 am http://managersofwealth.com/article/100235/fed-ready-to-bring-the-pain-in-inflation-fight US central bank delivers unprecedented third back-to-back 75 basis point hike and signals inflation battle far from over. Legal,Regulation,Tax & Compliance Morgan Stanley Pays $35M SEC Fine Over Data Security News Aggregation Team Wednesday, September 21, 2022 1:00 am http://managersofwealth.com/article/100216/morgan-stanley-pays-35m-sec-fine-over-data-security About 15 million clients’ details were compromised over a five-year period starting 2015. Legal,Regulation,Tax & Compliance Swiss private bank EFG sued by ex-basketball star News Aggregation Team Tuesday, September 20, 2022 1:00 am http://managersofwealth.com/article/100169/swiss-private-bank-efg-sued-by-ex-basketball-star The three-time champion in the American professional league NBA accuses a customer advisor of the predecessor bank Banca della Svizzera Italiana (BSI) of colluding with his personal financial advisor Paolo Banfi and embezzling 11 million dollars. Legal,Regulation,Tax & Compliance Waiting for clarity on an Italian government News Team Tuesday, September 20, 2022 1:00 am http://managersofwealth.com/article/100171/waiting-for-clarity-on-an-italian-government Italy’s consumer prices rose 8.4% in July, compared with a year earlier. Inflation in the eurozone rose by an annualised 9.1% in August, from 8.9% in July, estimates Eurostat, the EU’s statistics agency. Legal,Regulation,Tax & Compliance New U.K. leader's policies keeping managers on guard News Aggregation Team Monday, September 19, 2022 1:00 am http://managersofwealth.com/article/100152/new-uk-leaderamp039s-policies-keeping-managers-on-guard Prime Minister Liz Truss plans to cap energy prices and also wants to cut taxes Legal,Regulation,Tax & Compliance Blockchain provider buys Singapore wealth manager News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100410/blockchain-provider-buys-singapore-wealth-manager Through this partnership, we will be able to expand our offerings to better serve our clients in this ever-evolving landscape. FinTech UBS is expanding its digital product range with the UBS key4 pension 3a retirement offering News Team Thursday, September 29, 2022 1:00 am http://managersofwealth.com/article/100371/ubs-is-expanding-its-digital-product-range-with-the-ubs-key4-pension-3a-retirement-offering Clients are now able to plan their retirement in a fully digital way – in a matter of minutes, anytime of the day on the smartphone. FinTech Seba CEO Franz Bergmueller: «Crypto protects private property» News Aggregation Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100331/seba-ceo-franz-bergmueller-amplaquocrypto-protects-private-propertyampraquo The environment was certainly challenging from the outset given the Ukraine war, the energy and climate crisis, inflation, and financial market uncertainty. FinTech DBS opens crypto exchange to wealthy clients News Aggregation Team Tuesday, September 27, 2022 1:00 am http://managersofwealth.com/article/100301/dbs-opens-crypto-exchange-to-wealthy-clients With this latest initiative, the service is now available to up to 100,000 salf-directed investors in the DBS Treasures segment. FinTech Credit Suisse launches two digital services for online real estate valuations and sales News Team Tuesday, September 27, 2022 1:00 am http://managersofwealth.com/article/100314/credit-suisse-launches-two-digital-services-for-online-real-estate-valuations-and-sales Over the coming months, additional features will be launched to expand the scope of our digital real estate platform. FinTech Online Investment Platform for Corporate Bonds – WiseAlpha, Announces Collaboration with Titan Wealth News Team Tuesday, September 27, 2022 1:00 am http://managersofwealth.com/article/100324/online-investment-platform-for-corporate-bonds-ampndash-wisealpha-announces-collaboration-with-titan-wealth he platform holds a mission of democratizing the corporate bond market with its digital marketplace serving investors of all sizes. In the current economic environment, WiseAlpha’s business should be booming. FinTech KKR Blockchain Access To $4 Billion Fund Opens Door To Crypto Investors News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100273/kkr-blockchain-access-to-4-billion-fund-opens-door-to-crypto-investors That effort is the latest step into blockchain for the investment management company dubbed the Barbarians at the Gates in the 1989 book of the same name. FinTech Morgan Stanley’s wealth management arm hit with $35m data protection fine News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100283/morgan-stanleyamprsquos-wealth-management-arm-hit-with-35m-data-protection-fine The SEC says that MSSB, since 2015 and over a five-year period FinTech Deutsche Bank partners with Visa to prevent fraud in online retail News Team Friday, September 23, 2022 1:00 am http://managersofwealth.com/article/100250/deutsche-bank-partners-with-visa-to-prevent-fraud-in-online-retail With the solution from Visa and Cybersource, we are offering merchants a whole new form of risk management. FinTech How Wealth Managers Can Thrive in the Crypto Era News Aggregation Team Friday, September 23, 2022 1:00 am http://managersofwealth.com/article/100269/how-wealth-managers-can-thrive-in-the-crypto-era One low-touch method wealth managers can utilize is offering a suite of educational crypto resources to clients. FinTech Chinese family offices post robust growth News Aggregation Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100404/chinese-family-offices-post-robust-growth The average assets under management for Chinese family offices increased threefold last year compared with three years earlier, according to a study. Family Office Philanthropy practices of the modern family office News Aggregation Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100333/philanthropy-practices-of-the-modern-family-office Exploring the growing complexities of clients’ philanthropic activities. Family Office Credit Suisse launches its inaugural Single Family Office Index and 2022 SFO Survey Report News Team Tuesday, September 27, 2022 1:00 am http://managersofwealth.com/article/100302/credit-suisse-launches-its-inaugural-single-family-office-index-and-2022-sfo-survey-report Credit Suisse today launches its inaugural Single Family Office Index (Credit Suisse SFO Index), which tracks the financial asset performance of more than 300 SFOs across the regions Family Office WMI Eyes Major Demand for Family Office Programs News Aggregation Team Tuesday, September 27, 2022 1:00 am http://managersofwealth.com/article/100307/wmi-eyes-major-demand-for-family-office-programs WMI also announced the co-development of a philanthropy guide on donor-advised funds with Private Banking Industry Group. Family Office Investing in Family Offices: Growth of Ultra-High Net Market Puts Tech Decisions in Spotlight News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100277/investing-in-family-offices-growth-of-ultra-high-net-market-puts-tech-decisions-in-spotlight Opportunity awaits – for family offices that can handle it. Family Office Family offices shift strategy from growing to preserving wealth News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100298/family-offices-shift-strategy-from-growing-to-preserving-wealth Top concern among managers is smooth transfer of wealth to younger generation who may well have different priorities and risk appetites Family Office What Family Offices Can Learn From The Queen’s Succession Plan News Aggregation Team Wednesday, September 21, 2022 1:00 am http://managersofwealth.com/article/100211/what-family-offices-can-learn-from-the-queenamprsquos-succession-plan In Family Offices where a Principal or Wealth Creator has multiple children, it is vital that in the event of death, the family has a single member of the family to call upon to lead. Family Office Three benefits of outsourcing your family office services News Team Tuesday, September 20, 2022 1:00 am http://managersofwealth.com/article/100154/three-benefits-of-outsourcing-your-family-office-services By contrast, those who take advantage of family office service providers can avoid several pitfalls, including time-constraints, a significant money drain and inflexibility. Family Office Billionaire Lukas Walton’s family office accelerates impact-investing push News Aggregation Team Tuesday, September 20, 2022 1:00 am http://managersofwealth.com/article/100165/billionaire-lukas-waltonamprsquos-family-office-accelerates-impact-investing-push Most foundations have 20% or less of their endowments in ESG or impact investments, so the 90% level sets a new benchmark for family offices and foundations. Family Office The Rising Generation’s Role in Family Offices News Aggregation Team Friday, September 16, 2022 1:00 am http://managersofwealth.com/article/100131/the-rising-generationamprsquos-role-in-family-offices Although the next gen may be a long way from having a vote, give them a voice. Family Office Inside the Ultra-Luxe Bahamas Resort Privately Co-Funded by Justin Timberlake and Tiger Woods News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100276/inside-the-ultra-luxe-bahamas-resort-privately-co-funded-by-justin-timberlake-and-tiger-woods These days, the resort in the Bahamas known as Albany welcomes only the upper echelon of celebrities and high-profile guests. Luxury A record year for luxury property sales in the Greek market News Team Thursday, September 08, 2022 1:00 am http://managersofwealth.com/article/99951/a-record-year-for-luxury-property-sales-in-the-greek-market The largest transaction of a single holiday home in Mykonos exceeded 23 million euros and was carried out by Greece Sotheby's International Realty. Luxury Luxury Homebuyers Hunt For Value News Team Monday, September 05, 2022 1:00 am http://managersofwealth.com/article/99854/luxury-homebuyers-hunt-for-value With home prices at or near peak levels in many luxury markets, high-end buyers around the globe are discovering markets where they wield more buying power Luxury Sotheby's in Singapore: First Singapore auction by Sotheby's in 15 years exceeds presale estimates News Aggregation Team Monday, September 05, 2022 1:00 am http://managersofwealth.com/article/99856/sothebyamp039s-in-singapore-first-singapore-auction-by-sothebyamp039s-in-15-years-exceeds-presale-estimates The variety of the collection highlights the cosmopolitan nature of the buyers in Singapore and the region. Luxury Ski Chalet Chic: Redefining the Alpine Aesthetic News Team Monday, August 29, 2022 1:00 am http://managersofwealth.com/article/99713/ski-chalet-chic-redefining-the-alpine-aesthetic No one knows alpine style like the interior designer known as the Chalet Queen, who has taken après-ski interiors to dizzying new heights Luxury Spectacular Homes with Wraparound Porches News Team Monday, August 29, 2022 1:00 am http://managersofwealth.com/article/99715/spectacular-homes-with-wraparound-porches Luxury Defined presents a collection of homes with elegant indoor-outdoor spaces to capture the views and escape the elements Luxury German Billionaire’s Former Superyacht and Its Own Brabus Speedboat Are Incredibly Fast News Aggregation Team Friday, August 26, 2022 1:00 am http://managersofwealth.com/article/99710/german-billionaireamprsquos-former-superyacht-and-its-own-brabus-speedboat-are-incredibly-fast The one who first enjoyed this fast superyacht and its Brabus companion was allegedly Udo Mueller, a German billionaire who is the co-CEO of a reputable media company. Luxury High demand for luxury residential property, says Minor Lifestyle and Real Estate News Aggregation Team Tuesday, August 23, 2022 1:00 am http://managersofwealth.com/article/99605/high-demand-for-luxury-residential-property-says-minor-lifestyle-and-real-estate The statement is proven in yet another well-received luxury project of MINT, located in Phuket, Thailand: Layan Residences. Luxury Space Travel is the New Vacation for the Super Wealthy News Aggregation Team Tuesday, August 23, 2022 1:00 am http://managersofwealth.com/article/99615/space-travel-is-the-new-vacation-for-the-super-wealthy For well-heeled travelers, space isn’t the final frontier, it’s just the next frontier. Luxury Palazzo Palace: Introducing Italy’s Best Unique Hotels News Team Monday, August 22, 2022 1:00 am http://managersofwealth.com/article/99568/palazzo-palace-introducing-italyamprsquos-best-unique-hotels Would you like to stay in a palazzo, villa, or castle? Some of Italy’s most luxurious hotels are opening in these historic venues after major restoration projects Luxury John Caudwell: Billionaires shouldn’t ‘cling on’ to their riches News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100272/john-caudwell-billionaires-shouldnamprsquot-amplsquocling-onamprsquo-to-their-riches The entrepreneur and philanthropist also implored more UHNWs and HNWs to ensure they were meeting their tax responsibilities – admitting that he regretted using tax avoidance schemes earlier in his life. Extremely Wealthy RANKED: The Richest Billionaire in Each U.S. State in 2022 News Aggregation Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100280/ranked-the-richest-billionaire-in-each-us-state-in-2022 The United States is home to over a quarter of the world’s billionaires, representing about 748 of the roughly 2,668 billionaires worldwide. Extremely Wealthy The rich will keep getting richer even in the face of a recession, especially in China, Credit Suisse says News Aggregation Team Wednesday, September 21, 2022 1:00 am http://managersofwealth.com/article/100189/the-rich-will-keep-getting-richer-even-in-the-face-of-a-recession-especially-in-china-credit-suisse-says The number of Chinese millionaires is set to grow from 6.2 million in 2021 to 12.2 million by 2026, the report said, a nearly 97% increase. Extremely Wealthy These are the 10 wealthiest cities in the world — and five are in the U.S. News Aggregation Team Thursday, September 15, 2022 1:00 am http://managersofwealth.com/article/100093/these-are-the-10-wealthiest-cities-in-the-world-ampmdash-and-five-are-in-the-us The total private wealth held by New York residents was found to exceed $3 trillion. Extremely Wealthy Dubai ranked 23rd-most popular city for world’s ultra-wealthy News Aggregation Team Wednesday, September 14, 2022 1:00 am http://managersofwealth.com/article/100059/dubai-ranked-23rd-most-popular-city-for-worldamprsquos-ultra-wealthy The city is home to 67,900 millionaires, new report finds Extremely Wealthy How The Wealthy Get The Best Results From Trusts News Aggregation Team Monday, September 12, 2022 1:00 am http://managersofwealth.com/article/100001/how-the-wealthy-get-the-best-results-from-trusts A simple yet effective power that gives a family the ability to ensure the right trustee is in place is the power to remove and replace the trustee. Extremely Wealthy Which cars do the world’s top 10 billionaires drive? News Aggregation Team Thursday, September 08, 2022 1:00 am http://managersofwealth.com/article/99954/which-cars-do-the-worldamprsquos-top-10-billionaires-drive Elon Musk is responsible for Tesla, that electric car company you might have heard of. Extremely Wealthy The World’s Wealthiest People (September 4, 2022) News Team Monday, September 05, 2022 1:00 am http://managersofwealth.com/article/99855/the-worldamprsquos-wealthiest-people-september-4-2022 Bill Gates is the fifth-richest person globally, with a whopping $106.3 billion. Extremely Wealthy Why the wealthy are attracted to Dubai's luxury homes News Aggregation Team Monday, September 05, 2022 1:00 am http://managersofwealth.com/article/99860/why-the-wealthy-are-attracted-to-dubaiamp039s-luxury-homes Covid-19 has undoubtedly been a catalyst for change Extremely Wealthy More wealthy Chinese moving to S'pore as China becomes more hostile to the rich: Financial Times News Aggregation Team Thursday, September 01, 2022 1:00 am http://managersofwealth.com/article/99805/more-wealthy-chinese-moving-to-samp039pore-as-china-becomes-more-hostile-to-the-rich-financial-times Singapore becoming more attractive for the rich. Extremely Wealthy The key to unlocking your ‘golden source’ reporting data News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100382/the-key-to-unlocking-your-amplsquogolden-sourceamprsquo-reporting-data Through careful automation these firms can save a lot of time each reporting cycle and thus be in a better position to report more frequently. Comment & Analysis Rates, recession, risk: building portfolio resilience News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100383/rates-recession-risk-building-portfolio-resilience The Fed’s inflation fight comes at a cost. Comment & Analysis Waverton : Update on markets News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100385/waverton-update-on-markets This happens when a scheme uses interest rate swaps or other derivatives to hedge its future liabilities. Comment & Analysis Ten private equity terms you need to know News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100387/ten-private-equity-terms-you-need-to-know We unpack ten private market terms that are fundamental to understanding the asset class. Comment & Analysis Are ‘luxury collectibles’ the next big thing in alternative assets? News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100394/are-amplsquoluxury-collectiblesamprsquo-the-next-big-thing-in-alternative-assets The latest asset class to experience a seismic shift in its popularity is the collectible asset, with investors attracted by some of the staggering returns achieved in recent years. Comment & Analysis FNZ invests in The Hokus Platform to strengthen life insurance offering and accelerate expansion across France and Luxembourg News Team Friday, September 30, 2022 1:00 am http://managersofwealth.com/article/100399/fnz-invests-in-the-hokus-platform-to-strengthen-life-insurance-offering-and-accelerate-expansion-across-france-and-luxembourg The Hokus Platform which will be fully integrated into the FNZ platform, offers a range of digital solutions that allows wealth managers, private banks, and family offices to manage the contracts of life insurance providers from a single digital platform. Comment & Analysis Doubts About a Credit Suisse Brain Drain News Aggregation Team Thursday, September 29, 2022 1:00 am http://managersofwealth.com/article/100355/doubts-about-a-credit-suisse-brain-drain The news that two senior bankers departed Credit Suisse was making the rounds in the media yesterday and today and was taken as yet another sign of further trouble at the beleaguered bank. Comment & Analysis FTSE falls as gilt yields jump again but pound stabilises News Aggregation Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100329/ftse-falls-as-gilt-yields-jump-again-but-pound-stabilises The bonds market continues to recoil at the government’s plan to borrow an additional £72bn in the next year with four-year gilt yields hitting 4.8%. Comment & Analysis Schroders Global Investor Study 2022: ‘Expert’ investors believe sustainable investing most likely to drive long-term returns News Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100334/schroders-global-investor-study-2022-amplsquoexpertamprsquo-investors-believe-sustainable-investing-most-likely-to-drive-long-term-returns This compares with 52% of ”intermediate” investors and 43% of those who believe they have ‘”beginner/rudimentary” investment knowledge. Comment & Analysis EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b News Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100336/ey-achieves-highest-growth-in-nearly-two-decades-reports-record-global-revenue-of-us454b This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society. Comment & Analysis 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 Beyonce owns the most expensive car in the world: $ 28 million! News Aggregation Team Monday, September 05, 2022 1:00 am http://managersofwealth.com/article/99858/beyonce-owns-the-most-expensive-car-in-the-world-28-million This Rolls-Royce model has an opening rear deck, in which there are double refrigerators, a sunshade and chairs. Extremely Expensive The Most Expensive Purchase You Will Ever Make News Team Monday, September 05, 2022 1:00 am http://managersofwealth.com/article/99876/the-most-expensive-purchase-you-will-ever-make “We have reached the state where the private sector is that part of the economy that the government controls and the public sector is that part that nobody controls.” - Pedro Schwartz, Spanish economist. Extremely Expensive The 10 Most Expensive Restaurants in the World News Aggregation Team Sunday, July 17, 2022 1:00 am http://managersofwealth.com/article/98860/the-10-most-expensive-restaurants-in-the-world Ithaa Undersea is the worlds first underwater restaurant and is located on Rangali Island in the Maldives. Extremely Expensive World's largest diamond expected to fetch $30m at Christie's auction News Aggregation Team Thursday, May 12, 2022 1:00 am http://managersofwealth.com/article/97551/worldamp039s-largest-diamond-expected-to-fetch-30m-at-christieamp039s-auction Christie's is also selling a 205.07 carat yellow, cushion-shaped stone, estimated to sell for between $7m and $10m. Extremely Expensive 20th/21st Century sale week reaches $420 million, led by the historic sale of Warhol’s Marilyn News Team Wednesday, May 11, 2022 1:00 am http://managersofwealth.com/article/97514/20th21st-century-sale-week-reaches-420-million-led-by-the-historic-sale-of-warholamprsquos-marilyn The 21st Century Evening Sale was driven by Gerhard Richter's Abstraktes Bild, bringing the week’s combined total to $420,870,690 with 18 new artist records Extremely Expensive Diamond found in Gauteng sold for R911 million News Aggregation Team Thursday, April 28, 2022 1:00 am http://managersofwealth.com/article/97263/diamond-found-in-gauteng-sold-for-r911-million Coloured diamonds come in many hues, but pink and blue are the most coveted. Extremely Expensive Interest in ancient coin investment has surged post-pandemic — here’s why News Aggregation Team Monday, April 25, 2022 1:00 am http://managersofwealth.com/article/97160/interest-in-ancient-coin-investment-has-surged-post-pandemic-ampmdash-hereamprsquos-why One unlikely effect of the pandemic is a surge in the market for ancient coins, says Rory Sachs Extremely Expensive Sotheby’s to Offer Picasso’s Portrait of Dora Maar for More Than HK$136 Million News Aggregation Team Monday, April 18, 2022 1:00 am http://managersofwealth.com/article/97037/sothebyamprsquos-to-offer-picassoamprsquos-portrait-of-dora-maar-for-more-than-hk136-million The portrait depicts Maar in an “unusual calm elegance” in the French tricolors of red, white, and blue. Extremely Expensive Record-breaking 8,400 carat rough ruby lands in Dubai News Aggregation Team Tuesday, April 12, 2022 1:00 am http://managersofwealth.com/article/96952/record-breaking-8400-carat-rough-ruby-lands-in-dubai Will be sold to the highest bidder in Dubai Extremely Expensive 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 Why Advanced Performance Reporting in Wealth Management is a Competitive Advantage News Aggregation Team Tuesday, September 20, 2022 1:00 am http://managersofwealth.com/article/100163/why-advanced-performance-reporting-in-wealth-management-is-a-competitive-advantage As a result, performance reporting in wealth management is a competitive advantage. Specifically, investment managers looking to stand out can do so with wealth management reporting software that delivers customization and also real-time data. Research Chart of the week: Finding potential outperformance with macro hedge funds News Team Tuesday, September 13, 2022 1:00 am http://managersofwealth.com/article/100025/chart-of-the-week-finding-potential-outperformance-with-macro-hedge-funds Hedge funds have broadly outperformed global equities and bonds this year, driven mainly by the strong performance of macro strategy funds. Research ‘Incredibly disappointing’: Research finds rich Australians failing to donate to charity News Aggregation Team Tuesday, August 30, 2022 1:00 am http://managersofwealth.com/article/99737/amplsquoincredibly-disappointingamprsquo-research-finds-rich-australians-failing-to-donate-to-charity Australia is lagging behind other first-world countries in one important area – and it turns out the wealthy are the guiltiest. Research Forbes Announces Seventh Annual List Of America’s Top Wealth Advisors News Aggregation Team Thursday, August 25, 2022 1:00 am http://managersofwealth.com/article/99660/forbes-announces-seventh-annual-list-of-americaamprsquos-top-wealth-advisors Advisors complete in-depth surveys and then vetted and ranked by SHOOK research. Research T. Rowe Price Finds Financial Stress Is a Predictor of Financial Wellness News Team Tuesday, August 23, 2022 1:00 am http://managersofwealth.com/article/99602/t-rowe-price-finds-financial-stress-is-a-predictor-of-financial-wellness Adoption of financial wellness programs can reduce stress, lead to better retirement outcomes Research Deutsche Bank adopts measures to further reduce its energy consumption News Team Wednesday, August 10, 2022 1:00 am http://managersofwealth.com/article/99341/deutsche-bank-adopts-measures-to-further-reduce-its-energy-consumption This is equivalent to the average annual consumption of around 1,600 two-person households. Research Morningstar, Inc. Reports Second-Quarter 2022 Financial Results News Team Thursday, July 28, 2022 1:00 am http://managersofwealth.com/article/99082/morningstar-inc-reports-second-quarter-2022-financial-results While these investments have contributed to higher operating expenses in the near term, they position Morningstar for continued growth and the increased scale that we expect will drive long-term profitability. Research Best wine advisers for high-net-worth individuals in 2022 News Aggregation Team Thursday, July 14, 2022 1:00 am http://managersofwealth.com/article/98807/best-wine-advisers-for-high-net-worth-individuals-in-2022 The wine advisers featured are included in the table below, along with their Spear’s ranking and focus. Research 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 The innovative business class suites with ‘floating’ beds News Aggregation Team Monday, March 28, 2022 1:00 am http://managersofwealth.com/article/96574/the-innovative-business-class-suites-with-amplsquofloatingamprsquo-beds A revolutionary cabin concept is more like a luxurious, boutique hotel room in the sky. Executive Travel Will travel cost more in 2022 and beyond? News Aggregation Team Thursday, March 24, 2022 12:00 am http://managersofwealth.com/article/96519/will-travel-cost-more-in-2022-and-beyond Travel may become more globally available again in 2022, but expect it to cost more if we are to be serious about tackling overtourism and sustainability Executive Travel 8 of the Best Superyacht Toys and Tenders for 2022 News Team Sunday, March 20, 2022 12:00 am http://managersofwealth.com/article/96402/8-of-the-best-superyacht-toys-and-tenders-for-2022 Incredibly cool new ways to entertain family, friends, and guests as you head for open waters in the coming months Executive Travel Swiss’ newest seat is “more premium than economy” News Aggregation Team Sunday, February 27, 2022 12:00 am http://managersofwealth.com/article/95885/swissamprsquo-newest-seat-is-ampldquomore-premium-than-economyamprdquo Expect greater legroom, more personal space and upgraded meals in the new 24-seat premium economy cabin. Executive Travel Apex Group supports clients’ EU Taxonomy alignment News Team Thursday, September 29, 2022 1:00 am http://managersofwealth.com/article/100362/apex-group-supports-clientsamprsquo-eu-taxonomy-alignment Disclosures that contribute to climate change mitigation and adaption have been applicable under the EU Taxonomy since 2022. Planet SOS “We need to take action every single day“ News Team Thursday, September 29, 2022 1:00 am http://managersofwealth.com/article/100364/ampldquowe-need-to-take-action-every-single-dayampldquo Ocean advocates Lewis Pugh, OIG and Sir Ben Ainslie, CBE sound the alarm and urge accelerated ocean protection at the Deutsche Bank x ORRAA Ocean Conference 2022 Planet SOS BNP Paribas AM launches biodiversity ETF News Aggregation Team Thursday, September 29, 2022 1:00 am http://managersofwealth.com/article/100377/bnp-paribas-am-launches-biodiversity-etf It will replicates a Euronext index of about 60 stocks Planet SOS Morningstar adds XDI climate data to Sustainalytics platform News Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100337/morningstar-adds-xdi-climate-data-to-sustainalytics-platform This company-level analysis is underpinned by a database of over 12 million assets and facilities enabling third party analysis for investors' company assets anywhere in the world. Planet SOS EdenTree launches uniquely focused Green News Team Wednesday, September 28, 2022 1:00 am http://managersofwealth.com/article/100341/edentree-launches-uniquely-focused-green The Fund will also hold companies aimed at providing solutions to wider societal challenges. Planet SOS "Finance can accelerate the transition to a sustainable economy” – an interview with Patrick Odier, our Senior Managing Partner News Team Tuesday, September 27, 2022 1:00 am http://managersofwealth.com/article/100313/ampquotfinance-can-accelerate-the-transition-to-a-sustainable-economyamprdquo-ampndash-an-interview-with-patrick-odier-our-senior-managing-partner Clearly the necessary debate is above all focussed on the current situation, which is largely static. Planet SOS Mirova expands its fixed income range News Team Monday, September 26, 2022 1:00 am http://managersofwealth.com/article/100284/mirova-expands-its-fixed-income-range Mirova's bond strategy now encompasses solutions that can be adapted to various bond market conditions, giving investors access across the entire economic spectrum while supporting environmental and social development. Planet SOS SIX Commits to Net Zero by No Later Than 2050 News Team Friday, September 23, 2022 1:00 am http://managersofwealth.com/article/100242/six-commits-to-net-zero-by-no-later-than-2050 The organization is part of global efforts to achieve the goals of the Paris Climate Agreement. Planet SOS Three Carbon-cutting Pitfalls – and How to Avoid Them News Team Friday, September 23, 2022 1:00 am http://managersofwealth.com/article/100244/three-carbon-cutting-pitfalls-ampndash-and-how-to-avoid-them There is no ‘one-size-fits-all' answer in a space where investors bring very different priorities to the table. Planet SOS New Bonhôte Megatrend ESG fund launched today News Team Friday, September 23, 2022 1:00 am http://managersofwealth.com/article/100256/new-bonhampocircte-megatrend-esg-fund-launched-today Bonhôte stepping up commitment to sustainability with new Megatrend ESG fund investing in future-focused themes. Planet SOS 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 Blue Monday: Quilter offers free mental wellbeing talks to help advisers beat the blues News Team Friday, January 14, 2022 12:00 am http://managersofwealth.com/article/94824/blue-monday-quilter-offers-free-mental-wellbeing-talks-to-help-advisers-beat-the-blues The pandemic has been an extremely challenging time for everyone, and not least for financial advisers, who have had to cope with increased demands and workloads, while assisting clients as they too navigated the difficult circumstances. Health & Wellness New Data on Wellness Tourism: Projected to Hit $817 Billion This Year, $1.3 Trillion in 2025 News Aggregation Team Friday, January 14, 2022 12:00 am http://managersofwealth.com/article/94826/new-data-on-wellness-tourism-projected-to-hit-817-billion-this-year-13-trillion-in-2025 The GWI forecasts that the market will reach $817 billion in 2022 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