Managers of Wealth http://managersofwealth.com/ Sun, 21 Apr 2019 21:31:41 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Morgan Stanley wealth assets rise 4%, open to acquisitions News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67416/morgan-stanley-wealth-assets-rise-4-open-to-acquisitions The firm's 15,708 advisor headcount was almost flat from the previous year, reflecting Morgan Stanley's plan to focus on organic growth rather than recruitment to grow its wealth business. Wealth and Asset Management Botswana's Blue Diamond Set to Challenge Its Most Famous Rival News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67417/botswanaamp039s-blue-diamond-set-to-challenge-its-most-famous-rival Okavango Blue graded higher than Hope Diamond for purity Wealth and Asset Management Russ Prince: Why Life Insurance Agents Are Becoming Wealth Managers News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67418/russ-prince-why-life-insurance-agents-are-becoming-wealth-managers Wealth management is the consultative process of meeting the needs and wants of affluent clients by providing the appropriate financial services and products. Wealth and Asset Management How to start a much-needed conversation about money this Easter by Penny Lovell Penny Lovell Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67425/how-to-start-a-much-needed-conversation-about-money-this-easter-by-penny-lovell This research really got me thinking about how I would broach this potentially awkward conversation with my own family. Wealth and Asset Management Many EMEA ultra-high net worth investors remain optimistic about global markets despite ongoing volatility Ana Hall Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67405/many-emea-ultra-high-net-worth-investors-remain-optimistic-about-global-markets-despite-ongoing-volatility Like many of the ultra-high net worth clients we surveyed we’re also mostly positive on equities for 2019 Wealth and Asset Management Swiss Bankers Head for China News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67394/swiss-bankers-head-for-china The project has been received skeptically by the U.S. Switzerland's role isn't clear – the memo won't be made public until the pact is inked later this month. Wealth and Asset Management Asian Worries for Private Bankers News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67395/asian-worries-for-private-bankers Credit Suisse had $205.1 billion in client assets and 580 relationship managers at the private-banking business. Wealth and Asset Management Envestnet Selects INVENT for Systems Architecture and API Strategy Partnership News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67396/envestnet-selects-invent-for-systems-architecture-and-api-strategy-partnership Innovative software development consulting firm will help service and deliver Envestnet's OpenENV API for Enterprise Clients Wealth and Asset Management BofA Wealth Unit Boosts Profits 14%; No Plans to Sell Retirement-Plan Ops News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67397/bofa-wealth-unit-boosts-profits-14-no-plans-to-sell-retirement-plan-ops Some 11% of new client relationships for Merrill advisors came from referrals in other parts of the bank in 2018, and that level could rise this year. Wealth and Asset Management Butterfield to Announce First Quarter 2019 Financial Results on April 25, 2019 Ana Hall Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67401/butterfield-to-announce-first-quarter-2019-financial-results-on-april-25-2019 Butterfield executives will also host a conference call for investors Wealth and Asset Management Morgan Stanley Fires Team in Schwab’s Cross Hairs News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67419/morgan-stanley-fires-team-in-schwabamprsquos-cross-hairs People answering the advisors’ phones at their Morgan Stanley branches this week confirmed they no longer work with the firm. Executive Moves J.P. Morgan Names New CFO News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67433/jp-morgan-names-new-cfo “Jennifer Piepszak is an enormously talented executive who has greatly strengthened the world-class Card Services business we have today,” said Jamie Dimon, CEO of the firm. Executive Moves Ex-Coutts man to lead private bank operation News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67410/ex-coutts-man-to-lead-private-bank-operation He has been appointed managing director of the bank's private banking division. Executive Moves New hires in the Tax team News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67414/new-hires-in-the-tax-team They will be an integral part of Eversheds Executive Moves JM Finn gains Rathbones veteran and loses investment head News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67363/jm-finn-gains-rathbones-veteran-and-loses-investment-head Soar departs the wealth firm Executive Moves BMO’s Asset Management Arm Eyes Alts Expansion News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67350/bmoamprsquos-asset-management-arm-eyes-alts-expansion New CEO Kristi Mitchem called alternative investments a “major growth area” for BMO Global Asset Management. Executive Moves Hogan Lovells Hires High-Ranking UBS Attorney in London Ana Hall Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67371/hogan-lovells-hires-high-ranking-ubs-attorney-in-london She will be part of Hogan Lovells’ market-leading financial services litigation practice and be based in London. Executive Moves Wealth manager makes new senior hire News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67364/wealth-manager-makes-new-senior-hire His appointment follows the departure of former Manchester head Executive Moves Private bank reshuffles board to boost tech development News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67373/private-bank-reshuffles-board-to-boost-tech-development The management board will consist of Wögerer, Dolzer and CFO Melanie Gstöhl. Executive Moves Wealth manager makes new senior hire News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67376/wealth-manager-makes-new-senior-hire The firm says the move demonstrates Arbuthnot Latham’s commitment to boosting service and driving personal client relationships in Manchester and the North West region, in addition to its growing regional offering in Bristol and Exeter. Executive Moves FCA warns on increase in wealth manager scams News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67420/fca-warns-on-increase-in-wealth-manager-scams The regulator said its would prioritise its work to 'prevent or reduce harm' in the sector over the coming year. Legal,Regulation,Tax & Compliance Rebrand of Jordans Group to Vistra Now Complete Ana Hall Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67426/rebrand-of-jordans-group-to-vistra-now-complete With the inclusion of legal services through Vistra Corporate Law Legal,Regulation,Tax & Compliance Butterfield Streamlines Group Operations Mitzi Limlengco Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67427/butterfield-streamlines-group-operations The Bank also effected an early retirement scheme in Bermuda, under which retiring employees responsibilities will be reallocated within existing operations locally and internationally to foster improvements in operating efficiency. Legal,Regulation,Tax & Compliance Africa's Biggest Fund Manager Is Said to Court Banker for CEO News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67429/africaamp039s-biggest-fund-manager-is-said-to-court-banker-for-ceo South Africa’s PIC is said to seek Kennedy Bungane as head Legal,Regulation,Tax & Compliance The interest of Monegasque residency in the context of international exchange of information News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67431/the-interest-of-monegasque-residency-in-the-context-of-international-exchange-of-information In maintaining this balance Monaco preserves its place as a privileged location in the heart of Europe. Legal,Regulation,Tax & Compliance Credit Suisse Notches Win Against Wells FA Who Alleged Fraud News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67398/credit-suisse-notches-win-against-wells-fa-who-alleged-fraud The case appears to be the first in which Credit Suisse has prevailed against claims filed by dozens of its former U.S. brokers seeking to collect forfeited compensation or to walk away from promissory notes. Legal,Regulation,Tax & Compliance MEPs strengthen EU financial watchdogs Mitzi Limlengco Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67406/meps-strengthen-eu-financial-watchdogs To ensure a uniform application of EU rules and promote a true Capital Markets Union Legal,Regulation,Tax & Compliance Protecting whistle-blowers: new EU-wide rules approved News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67409/protecting-whistle-blowers-new-eu-wide-rules-approved Whistle-blowers will be able to choose between internal and external reporting Legal,Regulation,Tax & Compliance Structuring art deals in the contemporary art market - top tips Kris Borres Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67379/structuring-art-deals-in-the-contemporary-art-market-top-tips Buyers must be wary and conduct proper due diligence beforehand. Legal,Regulation,Tax & Compliance British Virgin Islands – New Substance Rules for BVI Companies and Limited Partnerships Ana Hall Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67381/british-virgin-islands-ampndash-new-substance-rules-for-bvi-companies-and-limited-partnerships This BVI legislation was enacted in response to requirements established by the EU Code of Conduct Group in June 2018. Legal,Regulation,Tax & Compliance Special Report – A Roadmap for FinTech Firms Entering the Fast-Growing Emerging Markets Ana Hall Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67430/special-report-ampndash-a-roadmap-for-fintech-firms-entering-the-fast-growing-emerging-markets The report also examines market dynamics in key countries. FinTech Women Leading The AI Industry News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67400/women-leading-the-ai-industry Stay relevant. Technology is innovating at an unprecedented pace and it’s going to take work to ensure that your skills are up to par for your industry. FinTech Cognition is key to combating fraud News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67354/cognition-is-key-to-combating-fraud One is fast and makes snap judgements about situations, and the other is a slower system that does the deeper thinking on more difficult problems. FinTech The Robots That Manage the Managers News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67365/the-robots-that-manage-the-managers More companies are turning to AI-driven apps that aim to help newer bosses with reminders and tips on how to maintain a well-run office FinTech Use of AI in wealth management must be applied smartly; not simply for the sake of it, warns M-Files News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67377/use-of-ai-in-wealth-management-must-be-applied-smartly-not-simply-for-the-sake-of-it-warns-m-files A recent poll amongst 500 private wealth executives shows that AI represents both a major challenge and opportunity, with over a third (36 per cent) of respondents admitting they have struggled to capitalise on the technology. FinTech Avaloq unveils fintech platform Ana Hall Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67382/avaloq-unveils-fintech-platform avaloq.one aims to seamlessly connect leading fintechs and their solutions, to Avaloq’s global financial clients. FinTech Objectway is one of the 100 World's Most Innovative News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67324/objectway-is-one-of-the-100-worldamp039s-most-innovative The WealthTech sector is one of the fastest growing verticals of FinTech FinTech Candid photographers are passe’ – A UK couple hired an actual robot to shoot their wedding day News Aggregation Team Sunday, April 14, 2019 1:00 am http://managersofwealth.com/article/67307/candid-photographers-are-passeamprsquo-ampndash-a-uk-couple-hired-an-actual-robot-to-shoot-their-wedding-day She is equipped with an interactive color screen before her humanoid body, allowing guests to choose between several photo styles before she begins work. FinTech Wealth management software firm circles competitor News Aggregation Team Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67286/wealth-management-software-firm-circles-competitor The $1.1 billion Bravura is more than eight times GBST's market cap. FinTech Fintech is thriving! Global investment more than doubles in 2018 Ana Hall Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67289/fintech-is-thriving-global-investment-more-than-doubles-in-2018 This was partly due to a small number of mega deals. FinTech Family office hires chief financial officer Mitzi Limlengco Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67386/family-office-hires-chief-financial-officer Davies joins from Close Brothers Asset Management where he served in a similar position for the last seven years. Family Office John Paulson Plots Path to Spin Off Funds in Transition to Family Office News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67388/john-paulson-plots-path-to-spin-off-funds-in-transition-to-family-office One group serves as proprietary trading vehicles for the 63-year-old founder; the other holds outside capital as well a smaller portion of Paulson’s money. Family Office Multi-family office Hottinger introduces art consultancy services News Aggregation Team Thursday, April 11, 2019 1:00 am http://managersofwealth.com/article/67259/multi-family-office-hottinger-introduces-art-consultancy-services The services will be provided through Hottinger Art, set up by Melanie Damani who moved to the firm last year. Family Office Family Offices Seminar - Eight Club London - Tuesday 30 April Michael Pilgrim Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67194/family-offices-seminar-eight-club-london-tuesday-30-april To support that goal, it gave a commitment to develop and hone the regulatory and legal approach to provide the most supportive environment globally for the servicing of private capital and wealth. Family Office Family Offices Seminar - Eight Club London - Tuesday 30 April Michael Pilgrim Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67195/family-offices-seminar-eight-club-london-tuesday-30-april To support that goal, it gave a commitment to develop and hone the regulatory and legal approach to provide the most supportive environment globally for the servicing of private capital and wealth. Family Office 5 Lessons For Family Offices From HBO's Succession News Aggregation Team Monday, April 08, 2019 1:00 am http://managersofwealth.com/article/67157/5-lessons-for-family-offices-from-hboamp039s-succession Dealing with engagement, succession and communication appropriately, while also ensuring that your family office has a greater purpose that is clearly defined can be hugely challenging. Family Office NY-Based Single Family Offices Complete Phase II Acquisition of Autumn Ridge Apartments Kris Borres Tuesday, April 02, 2019 1:00 am http://managersofwealth.com/article/66996/ny-based-single-family-offices-complete-phase-ii-acquisition-of-autumn-ridge-apartments The immediate area near the property has one of the strongest demographic profiles within the Des Moines MSA. Family Office Can startups cash in on Asia's growing family office segment? News Aggregation Team Monday, April 01, 2019 1:00 am http://managersofwealth.com/article/66973/can-startups-cash-in-on-asiaamp039s-growing-family-office-segment Hong Kong-based Raffles Family Office is one such player that has chosen to allocate a small portion of its $1.5b AUM into the startup space Family Office Tamarind Partners, Inc. Receives Two Accolades at 2019 Family Wealth Report Awards Ana Hall Wednesday, March 27, 2019 12:00 am http://managersofwealth.com/article/66861/tamarind-partners-inc-receives-two-accolades-at-2019-family-wealth-report-awards Tamarind Partners, Inc. was recognized by the judges for its unstinting contribution to the industry in terms of the quality of the thought leadership among the company's principals. Family Office Multi-family office launches dedicated private equity business Ana Hall Wednesday, March 27, 2019 12:00 am http://managersofwealth.com/article/66865/multi-family-office-launches-dedicated-private-equity-business This launch supports Sandaire’s long-term growth strategy by broadening its offering to clients, and closely follows the launch of Sandaire Corporate Finance earlier this month. Family Office To Win in China’s Luxury Market Means to Succeed in the World News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67372/to-win-in-chinaamprsquos-luxury-market-means-to-succeed-in-the-world This month in Shanghai, I visited Chinese electric car brand NIO. Luxury Gear shift: the new Porsche Cayenne Coupe fills a void in a fast-growing market News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67342/gear-shift-the-new-porsche-cayenne-coupe-fills-a-void-in-a-fast-growing-market Porsche hopes to address a large audience with its version of a sports SUV Luxury The luxury Easter eggs worth spending your money on News Aggregation Team Sunday, April 14, 2019 1:00 am http://managersofwealth.com/article/67316/the-luxury-easter-eggs-worth-spending-your-money-on The trio come in dark, milk and white home-made chocolate lovingly crafted using Cameroon and Ecuador cocoa beans – little bites of heaven. Luxury Jaguar To Be Acquired By The French? News Aggregation Team Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67164/jaguar-to-be-acquired-by-the-french PSA wants to have a luxury brand in its lineup – and it has its sights on Jaguar Land Rover. Luxury Luxury Miami Penthouse in prestigious Echo Brickell is asking for US$37 million News Aggregation Team Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67168/luxury-miami-penthouse-in-prestigious-echo-brickell-is-asking-for-us37-million Located on the sought after Brickell Avenue, this ultra-luxurious Miami penthouse is considered an exclusive architectural icon south of New York. Luxury Emaar, ELIE SAAB announce designing haute interiors for landmark property in Emaar Beachfront Mitzi Limlengco Monday, April 08, 2019 1:00 am http://managersofwealth.com/article/67123/emaar-elie-saab-announce-designing-haute-interiors-for-landmark-property-in-emaar-beachfront Lebanese designer ELIE SAAB at Emaar Beachfront has an array of lifestyle amenities and offers super views of the Arabian Sea overlooking The Palm Luxury London is getting a new skyscraper and it will be the second highest building in Western Europe News Aggregation Team Monday, April 08, 2019 1:00 am http://managersofwealth.com/article/67133/london-is-getting-a-new-skyscraper-and-it-will-be-the-second-highest-building-in-western-europe On completion, the structure will become western Europe’s second-tallest tower, second only to the iconic Shard building. Luxury The best men’s watches News Aggregation Team Monday, April 08, 2019 1:00 am http://managersofwealth.com/article/67146/the-best-menamprsquos-watches WorldTempus takes a shot at making a selection of the men’s watches unveiled at Baselworld. Luxury When Westeros came to the Las Vegas strip – Watch the Game of Thrones water show at the Bellagio fountains News Aggregation Team Thursday, April 04, 2019 1:00 am http://managersofwealth.com/article/67061/when-westeros-came-to-the-las-vegas-strip-ampndash-watch-the-game-of-thrones-water-show-at-the-bellagio-fountains WET Design in collaboration with Thrones composer Ramin Djawadi, are behind the Bellagio fountain. Luxury Check out the new first class cabin onboard Switzerland’s famed Glacier express News Aggregation Team Wednesday, April 03, 2019 1:00 am http://managersofwealth.com/article/67042/check-out-the-new-first-class-cabin-onboard-switzerlandamprsquos-famed-glacier-express The facility is available for 19 exclusive passengers at one go and costs a whopping US$693. Luxury Laithwaite bottles Majestic bosses News Aggregation Team Sunday, April 14, 2019 1:00 am http://managersofwealth.com/article/67310/laithwaite-bottles-majestic-bosses His biggest battle was with Greg Hodder, who spent 14 years as chief executive of Laithwaite’s Direct’s Wines, with orders to “polish the rough diamond”. Extremely Wealthy Someone has customized a limited edition Lamborghini Aventador SV with 2 million Swarovski crystals News Aggregation Team Thursday, April 11, 2019 1:00 am http://managersofwealth.com/article/67243/someone-has-customized-a-limited-edition-lamborghini-aventador-sv-with-2-million-swarovski-crystals The Lamborghini is owned by Russian entrepreneur Daria Radionova, who has a history of decorating her cars with Swarovski crystals. Extremely Wealthy 21st-Century Philanthropy: How New Wealth Is Poised To Transform Social Institutions News Aggregation Team Wednesday, April 10, 2019 1:00 am http://managersofwealth.com/article/67226/21st-century-philanthropy-how-new-wealth-is-poised-to-transform-social-institutions The intention is to find ways to transform systems that cause harm, rather than just help individuals after systems have failed them. Extremely Wealthy Billionaire Ray Dalio: ‘Of course’ rich people like me should pay more taxes News Aggregation Team Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67170/billionaire-ray-dalio-amplsquoof-courseamprsquo-rich-people-like-me-should-pay-more-taxes “Of course,” Dalio said. “One way or another, the important thing is to take those tax dollars and make them productive.” Extremely Wealthy 6 Countries Where Kenyan Billionaires Want to Emigrate News Aggregation Team Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67174/6-countries-where-kenyan-billionaires-want-to-emigrate The second destination country is Canada with 48% UHNWIs expressing their desire to relocate there. Extremely Wealthy Africa's richest man withdrew $10m just to look at it News Aggregation Team Monday, April 08, 2019 1:00 am http://managersofwealth.com/article/67132/africaamp039s-richest-man-withdrew-10m-just-to-look-at-it Dangote said he regretted the customs and administrative problems that hamper business development throughout the continent. Extremely Wealthy J.P. Morgan CEO calls for ‘Marshall Plan for America,' floats higher taxes on wealthy News Aggregation Team Friday, April 05, 2019 1:00 am http://managersofwealth.com/article/67092/jp-morgan-ceo-calls-for-amplsquomarshall-plan-for-americaamp039-floats-higher-taxes-on-wealthy "Republicans need to acknowledge that America should and can afford to provide a proper safety net for our elderly, our sick and our poor, as well as help create an environment that generates more opportunities and more income for more Americans. Extremely Wealthy Why multimillionaire Disney heiress says she 'would pass a law against private jets' News Aggregation Team Wednesday, April 03, 2019 1:00 am http://managersofwealth.com/article/67025/why-multimillionaire-disney-heiress-says-she-amp039would-pass-a-law-against-private-jetsamp039 When her dad became rich enough to buy a plane, that's when he "really lost his way in life," said Disney. "And that's why I feel hyper-conscious about what wealth does to people." Extremely Wealthy Rich Devotion to Brick and Mortar News Aggregation Team Wednesday, April 03, 2019 1:00 am http://managersofwealth.com/article/67030/rich-devotion-to-brick-and-mortar The results of the survey confirmed that the rich have a strong penchant towards owning something in brick and mortar. Extremely Wealthy These are the 10 hottest destinations billionaires are flying to via private jet this summer News Aggregation Team Wednesday, April 03, 2019 1:00 am http://managersofwealth.com/article/67038/these-are-the-10-hottest-destinations-billionaires-are-flying-to-via-private-jet-this-summer The ultra-rich are known for having a jet-set lifestyle. Extremely Wealthy The Women Who Inspire Me Ana Hall Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67367/the-women-who-inspire-me From former First Lady Michelle Obama to author J.K. Rowling, seven inspirational women in finance, reveal their heroes. Comment & Analysis Religion on the blockchain Mitzi Limlengco Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67375/religion-on-the-blockchain Beyond the realm of financial applications, however, the technology has revealed completely new ways of practising religion and spirituality Comment & Analysis About 3 000 super-rich left SA in the past 10 years - report News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67378/about-3-000-super-rich-left-sa-in-the-past-10-years-report He defines migration as those who have in reality "left" South Africa and are living in their new country more than half the year. Comment & Analysis Debate rages over practicality of modern monetary theory News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67332/debate-rages-over-practicality-of-modern-monetary-theory The Treasury Department estimated recently that the current budget deficit would reach $1.1 trillion by the end of fiscal year 2019. Comment & Analysis Are Crazy Rich Asians Really That Wealthy? News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67333/are-crazy-rich-asians-really-that-wealthy The region has the most billionaires and millionaires of any region in the world. Comment & Analysis Banking On The Rich Could Be A Risky Proposition News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67343/banking-on-the-rich-could-be-a-risky-proposition The strategy does not come without risks Comment & Analysis Lego’s modular approach can teach financial services a thing or two News Aggregation Team Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67276/legoamprsquos-modular-approach-can-teach-financial-services-a-thing-or-two It’s a story of revival and reinvention to inspire any business. Comment & Analysis Rich Women Calling More of the Shots: Merrill Wealth Chief News Aggregation Team Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67281/rich-women-calling-more-of-the-shots-merrill-wealth-chief “Arguably it’s the most powerful trend in our industry,” said Andy Sieg, president of Bank of America Corp.’s Merrill Lynch Wealth Management unit. Comment & Analysis The bare-naked truth: how product innovation can help smash taboos Ana Hall Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67288/the-bare-naked-truth-how-product-innovation-can-help-smash-taboos Sometimes the best way to make a highlight a serious issue is to do something big bold and brave. Comment & Analysis Fine Wine beats hedge funds and art works as stable investment News Aggregation Team Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67290/fine-wine-beats-hedge-funds-and-art-works-as-stable-investment The Report stated that while most alternatives performed negatively in 2018, Comment & Analysis Square pegs and round holes: Partnerships and trusts in Japanese PE fund structures News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67432/square-pegs-and-round-holes-partnerships-and-trusts-in-japanese-pe-fund-structures This should not come as a surprise, as demands of large investors typically impact investment structure. Alternative Investments Blackrock profits fall but still beat analysts' expectations News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67399/blackrock-profits-fall-but-still-beat-analystsamp039-expectations Blackrock remained the world’s largest fund manager, increasing its assets under management three per cent year-on-year to a whopping $6.5 trillion. Alternative Investments Financing the Future of Asia: Innovations in Sustainable Finance News Aggregation Team Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67295/financing-the-future-of-asia-innovations-in-sustainable-finance Promising shoots of innovation have emerged in Asia, but progress is highly uneven, and the vast potential of sustainable finance is still to be fully realized. Alternative Investments Malcolm Kerr: Why the family office should be hitting the mainstream News Aggregation Team Thursday, April 11, 2019 1:00 am http://managersofwealth.com/article/67270/malcolm-kerr-why-the-family-office-should-be-hitting-the-mainstream Typically, affluent people tend to live longer, so it is not unreasonable to suggest a 50-year-old client today may have at least another 30 years in them and their spouse slightly longer. Alternative Investments BlackRock reveals aim to become one of China's top asset managers News Aggregation Team Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67158/blackrock-reveals-aim-to-become-one-of-chinaamp039s-top-asset-managers Focused on building onshore presence Alternative Investments UK Private Sector Employment rate in Northern Ireland falls at Quickest rate since 2013 business activity also drops AMID Brexit Uncertainty News Aggregation Team Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67159/uk-private-sector-employment-rate-in-northern-ireland-falls-at-quickest-rate-since-2013-business-activity-also-drops-amid-brexit-uncertainty The rate of job cuts was solid, having accelerated to the steepest since April 2013. Alternative Investments 2 ETFs to buy for wealth and simple investing News Aggregation Team Friday, April 05, 2019 1:00 am http://managersofwealth.com/article/67093/2-etfs-to-buy-for-wealth-and-simple-investing Asia isn’t the only place for attractive potential returns, these top ASX shares could also be great picks. Alternative Investments Blackstone raises $22-billion fund, its largest ever - source News Aggregation Team Thursday, April 04, 2019 1:00 am http://managersofwealth.com/article/67057/blackstone-raises-22-billion-fund-its-largest-ever-source Blackstone President Jon Gray had said in January the firm expected the fund to exceed $20 billion in size. Alternative Investments Billionaire's hedge fund bets £60m that shares in Ryanair will fall News Aggregation Team Thursday, April 04, 2019 1:00 am http://managersofwealth.com/article/67058/billionaireamp039s-hedge-fund-bets-amppound60m-that-shares-in-ryanair-will-fall Short-selling position taken in early February is first of this size reported on budget airline Alternative Investments Guernsey praised for rapid fund launch Kris Borres Thursday, April 04, 2019 1:00 am http://managersofwealth.com/article/67069/guernsey-praised-for-rapid-fund-launch “The fund was launched in under three weeks, including securing the regulatory approvals. Alternative Investments Barry Bond’s legendary 762nd home run ball can fetch up to $750,000 in auction News Aggregation Team Wednesday, April 17, 2019 1:00 am http://managersofwealth.com/article/67402/barry-bondamprsquos-legendary-762nd-home-run-ball-can-fetch-up-to-750000-in-auction On sale with Goldin Auctions Extremely Expensive Graff Presents, World’s Largest Emerald Cut Diamond Ana Hall Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67325/graff-presents-worldamprsquos-largest-emerald-cut-diamond All our expertise, skill and accomplishment went into crafting this incredible diamond masterpiece, which is extraordinary in every way. Extremely Expensive Breakfast with Tiffany's: meet the man behind the diamonds News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67340/breakfast-with-tiffanyamp039s-meet-the-man-behind-the-diamonds Tiffany & Co's chief gemmologist Melvyn Kirtley discusses all things diamonds with Sophie Prideaux Extremely Expensive World’s most expensive car key costs more than half a million dollars News Aggregation Team Sunday, April 14, 2019 1:00 am http://managersofwealth.com/article/67308/worldamprsquos-most-expensive-car-key-costs-more-than-half-a-million-dollars The company has launched a new series of car keys for customers in Dubai that are encrusted with precious gemstones and other ultra-premium materials. Extremely Expensive Louis Vuitton has a pair of fluffy slippers that cost $2,040 and we can’t understand why News Aggregation Team Thursday, April 11, 2019 1:00 am http://managersofwealth.com/article/67245/louis-vuitton-has-a-pair-of-fluffy-slippers-that-cost-2040-and-we-canamprsquot-understand-why Celebrities Kylie Jenner and Kim Kardashian West apparently have a pair stashed away in their shoe closets Extremely Expensive This New York bakery is selling the worlds most expensive cookie – It is covered in gold and costs $1,000 News Aggregation Team Wednesday, April 10, 2019 1:00 am http://managersofwealth.com/article/67204/this-new-york-bakery-is-selling-the-worlds-most-expensive-cookie-ampndash-it-is-covered-in-gold-and-costs-1000 Don’t worry, her less pricey cookies sell for $4 each. “I thought, ‘Why not create something that is super elaborate and beautiful and something that is really exclusive to people?'” Demetriou told FOX Business. Extremely Expensive The most expensive house in Napa Valley is a $22.5 million luxury farmhouse surrounded by vineyards. News Aggregation Team Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67169/the-most-expensive-house-in-napa-valley-is-a-225-million-luxury-farmhouse-surrounded-by-vineyards Outside is an expansive lawn, a grill and al fresco dining area, a pool, and ancient oak and olive trees. Extremely Expensive Inside a Billionaire's Villa in South Africa News Aggregation Team Monday, April 08, 2019 1:00 am http://managersofwealth.com/article/67142/inside-a-billionaireamp039s-villa-in-south-africa Laurence Graff, the billionaire behind Graff diamonds, has opened the doors of a stunning estate decorated with his own personal art collection. Extremely Expensive According to the Guinness Books of records this wrist watch has the most diamonds set on it (15,000 to be precise) News Aggregation Team Tuesday, April 02, 2019 1:00 am http://managersofwealth.com/article/67005/according-to-the-guinness-books-of-records-this-wrist-watch-has-the-most-diamonds-set-on-it-15000-to-be-precise The watch is set in 18K gold and features jewelry designer Reena Ahluwalia’s unmatchable diamond painting on the dial. Extremely Expensive This $17,000 tailor-made coffee table has the silhouette of Aston Martin Valkyrie built onto its surface News Aggregation Team Tuesday, April 02, 2019 1:00 am http://managersofwealth.com/article/67006/this-17000-tailor-made-coffee-table-has-the-silhouette-of-aston-martin-valkyrie-built-onto-its-surface The infusing the design of the Valkyrie on the wood surface, it is then applied a Rubio Monocoat satin finish and is put on machined aerospace-grade aluminum legs hard-anodized in satin black. Extremely Expensive Hogan Lovells Releases APAC Data Protection, Cyber Security Guide Ana Hall Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67370/hogan-lovells-releases-apac-data-protection-cyber-security-guide Rising public awareness of data protection concerns, due to the ever increasing volume and scale of cyber incidents in APAC Research Are these $1 billion start-ups Unicorns or Leprechauns? News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67366/are-these-1-billion-start-ups-unicorns-or-leprechauns For a ten-year-old firm, it’s grown into a global colossus bringing in revenues of $11.3 billion last year, compared with just $495 million in 2014. Research UBS tops Asia’s private banking league for sixth year in a row News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67374/ubs-tops-asiaamprsquos-private-banking-league-for-sixth-year-in-a-row UBS wasn’t the only firm to find its assets shrinking last year as market turbulence deterred rich clients from deploying their wealth. Research Evolving Social Behaviors are Reshaping the Client-Advisor Relationship Mitzi Limlengco Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67327/evolving-social-behaviors-are-reshaping-the-client-advisor-relationship A majority of Millennial (89 percent) and Gen X (59 percent) respondents are open to their financial advisor following them on one or more social media platforms. Research UK high flyers learn about TCI’s financial opportunities Kris Borres Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67334/uk-high-flyers-learn-about-tciamprsquos-financial-opportunities Bursey went onto to highlight that the Turks and Caicos Islands is now turning its focus to the UK. Research Majority of U.S. Investors Unfamiliar With Social Investment According Andro Bautista Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67346/majority-of-us-investors-unfamiliar-with-social-investment-according The study results make us ask why social investment isn't more widely understood and why it's not been more widely adopted in the U.S Research Farmer shoots millionaire hedge fund manager's two dogs dead and dumps the bodies on the lawn at his mansion after they escaped and savaged his sheep News Aggregation Team Thursday, April 11, 2019 1:00 am http://managersofwealth.com/article/67248/farmer-shoots-millionaire-hedge-fund-manageramp039s-two-dogs-dead-and-dumps-the-bodies-on-the-lawn-at-his-mansion-after-they-escaped-and-savaged-his-sheep A farmer shot a hedge fund manager's two dogs dead after they killed his sheep Research JEP EXCLUSIVE: ‘I spied on Jersey for French secret service’ News Aggregation Team Thursday, April 11, 2019 1:00 am http://managersofwealth.com/article/67264/jep-exclusive-amplsquoi-spied-on-jersey-for-french-secret-serviceamprsquo A FORMER Island finance worker has published a book claiming he acted as a spy for the French secret service and stole information from his employers for half a decade. Research Digital Services Key to Customer Loyalty - RESEARCH Ana Hall Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67183/digital-services-key-to-customer-loyalty-research Banks and building societies that deliver connected digital experiences are positioned to empower and retain customers in the ‘always-on’ financial services landscape Research HSBC banker killed in Alps snowboarding accident News Aggregation Team Tuesday, April 09, 2019 1:00 am http://managersofwealth.com/article/67187/hsbc-banker-killed-in-alps-snowboarding-accident A British banker has been killed in a snowboarding accident in the Alps. Research Iconic London property reopens News Aggregation Team Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67369/iconic-london-property-reopens The newly renovated hotel, which first opened in 1899, was a favourite haunt of the Winston Churchill, who, along with a smattering of Royal glamour, helped make the hotel a landmark of the pre-war party scene, attracting movies stars, flappers and all ma Executive Travel Corporate jetmakers court Chinese elite for sales despite slowing economy News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67321/corporate-jetmakers-court-chinese-elite-for-sales-despite-slowing-economy Still, Canada’s Bombardier sees its new $73 million Global 7500 business jet making inroads in Greater China against market leader Gulfstream’s $65 million-plus G650 family. Executive Travel China’s young rich tech entrepreneurs take off into private jet rentals, ditching the status symbol of ownership News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67319/chinaamprsquos-young-rich-tech-entrepreneurs-take-off-into-private-jet-rentals-ditching-the-status-symbol-of-ownership Rental trend comes amid greater scrutiny of corporate expenses Executive Travel Emirates to deploy its latest Boeing 777-300ER to Riyadh and Kuwait Kris Borres Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67336/emirates-to-deploy-its-latest-boeing-777-300er-to-riyadh-and-kuwait Game-changing, fully-enclosed First Class private suites to debut for first time in the GCC Executive Travel 10 Luxurious Beach Resorts That Rich People Love News Aggregation Team Sunday, April 14, 2019 1:00 am http://managersofwealth.com/article/67309/10-luxurious-beach-resorts-that-rich-people-love They fly to the most luxurious beach resorts that offer everything from complimentary in-villa spa treatments to Michelin star cuisine, and spend their holiday in the utmost extravagance. Executive Travel Top five benefits of Qantas Platinum One for first class flyers News Aggregation Team Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67293/top-five-benefits-of-qantas-platinum-one-for-first-class-flyers As a Platinum One frequent flyer, you’ll be able to nominate your partner, a family member or a friend for complimentary Qantas Platinum membership, providing them with access to Qantas, Emirates and Oneworld first class lounges the world over. Executive Travel Virgin Atlantic unveils new business class suites – More privacy, comfort, tech and personalised mood lighting News Aggregation Team Thursday, April 11, 2019 1:00 am http://managersofwealth.com/article/67242/virgin-atlantic-unveils-new-business-class-suites-ampndash-more-privacy-comfort-tech-and-personalised-mood-lighting The novel seats boast of a contemporary look and are strategically angled outward toward the windows. Executive Travel Vista Global Buys an Uber For Private Jets Mitzi Limlengco Wednesday, April 10, 2019 1:00 am http://managersofwealth.com/article/67218/vista-global-buys-an-uber-for-private-jets The acquisition will enhance Vista Global’s position offering the largest suite of services and advanced technologies to every private aviation customer. Executive Travel Elegance aloft in the Hermes-designed Airbus private jet News Aggregation Team Wednesday, April 10, 2019 1:00 am http://managersofwealth.com/article/67220/elegance-aloft-in-the-hermes-designed-airbus-private-jet This Airbus ACJ319 – the corporate jet version of Airbus' popular A319 commercial workhorse – includes two spacious lounges, a conference/dining area and a private office/bedroom with ensuite bathroom. Executive Travel Virgin Atlantic's A350 Upper Class business class seat revealed News Aggregation Team Wednesday, April 10, 2019 1:00 am http://managersofwealth.com/article/67225/virgin-atlanticamp039s-a350-upper-class-business-class-seat-revealed The decades-old angled 'herringbone' layout of Virgin's Upper Class seats have been ditched for more conventional forward-facing berths, as shown here in a luridly-lit A350 cabin mock-up at Virgin Atlantic's London HQ. Executive Travel ESG would curb ocean pollution: Report News Aggregation Team Thursday, April 18, 2019 1:00 am http://managersofwealth.com/article/67428/esg-would-curb-ocean-pollution-report The report refers specifically to plastic pollution and points out how quickly the movement to ban plastic straws has spread. ESG Estera achieves Green Fund status for first London-listed investment fund Mitzi Limlengco Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67368/estera-achieves-green-fund-status-for-first-london-listed-investment-fund “We are therefore delighted that Bluefield Solar has committed to supporting this strategic goal by obtaining Guernsey Green Fund status.” ESG PRA expectations for managing risks of climate change Kris Borres Tuesday, April 16, 2019 1:00 am http://managersofwealth.com/article/67383/pra-expectations-for-managing-risks-of-climate-change Some respondents urged the PRA to move more quickly and decisively on climate change issues. ESG Impact investment manager partners with IFC to promote industry best practices Ana Hall Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67326/impact-investment-manager-partners-with-ifc-to-promote-industry-best-practices A comparable, common set of impact measurements will help additional investors to enter the space and make a social and environmental impact. ESG Avoiding the storm: Climate change and the financial system - speech by Sarah Breeden News Aggregation Team Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67330/avoiding-the-storm-climate-change-and-the-financial-system-speech-by-sarah-breeden The carbon released today is creating the physical and transition risks of tomorrow. ESG The continued rise of sustainable investing - Ocarian Ana Hall Monday, April 15, 2019 1:00 am http://managersofwealth.com/article/67337/the-continued-rise-of-sustainable-investing-ocarian Such is the drive for ethically responsible investments that it seems as though it is only a matter of time before ethically irresponsible investing starts to carry penalties. ESG Chancellor calls for international action on sustainable global growth News Aggregation Team Friday, April 12, 2019 1:00 am http://managersofwealth.com/article/67292/chancellor-calls-for-international-action-on-sustainable-global-growth He will lead the way in the first ever global group of Finance Ministers dedicated to using economic levers to tackle climate change. ESG LGT Bank (Switzerland) hunts for sustainability PM News Aggregation Team Wednesday, April 10, 2019 1:00 am http://managersofwealth.com/article/67211/lgt-bank-switzerland-hunts-for-sustainability-pm LGT has a long history of sustainable investing and currently boasts a range of seven sustainable funds. ESG Smart Money Is Piling Into Oil Mitzi Limlengco Wednesday, April 10, 2019 1:00 am http://managersofwealth.com/article/67212/smart-money-is-piling-into-oil One oil export terminal near Tripoli is the most obvious asset at risk. ESG Floods cause $8bn damage in March 2019, finds Aon catastrophe report News Aggregation Team Wednesday, April 10, 2019 1:00 am http://managersofwealth.com/article/67217/floods-cause-8bn-damage-in-march-2019-finds-aon-catastrophe-report Further floods and heavy rain across the world ESG