Managers of Wealth http://managersofwealth.com/ Sat, 27 Jul 2024 04:52:28 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Multigenerational wealth – how to keep it in the family News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113077/multigenerational-wealth-ampndash-how-to-keep-it-in-the-family The statistics are regularly quoted, probably because the warnings Roy Williams gave alongside the findings have still not been heeded. Wealth and Asset Management Top 1 percent bags over $40 trillion in new wealth during past decade as taxes on the rich reach historic lows News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113079/top-1-percent-bags-over-40-trillion-in-new-wealth-during-past-decade-as-taxes-on-the-rich-reach-historic-lows This week G20 Finance Ministers are expected to lay the foundations of a groundbreaking global deal to increase taxes on the super-rich. Wealth and Asset Management Future Leaders Awards Shortlist 2024 News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113081/future-leaders-awards-shortlist-2024 Accountant of the Year – Associate Wealth and Asset Management Risk Management in Consulting and Wealth Management: Adequacy and Portfolio Analysis News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113082/risk-management-in-consulting-and-wealth-management-adequacy-and-portfolio-analysis One of the most impacted aspects is portfolio risk management . Regulation requires rigorous monitoring of market, credit and liquidity risks for the assets of private clients advised. Wealth and Asset Management Vontobel delivers strong profitability, stabilizes institutional flows and advances strategic priorities News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113084/vontobel-delivers-strong-profitability-stabilizes-institutional-flows-and-advances-strategic-priorities This transaction marks a milestone in Vontobel’s private markets strategy and provides investment capabilities in the fast-growing private infrastructure segment. Wealth and Asset Management Franklin Templeton and SBI Form JV For Digital Assets News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113085/franklin-templeton-and-sbi-form-jv-for-digital-assets Franklin Templeton and SBI Holdings have signed a Memorandum of Understanding to establish a joint venture in Japan Wealth and Asset Management China's third plenum: private banks expected more clarity News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113089/chinaamp039s-third-plenum-private-banks-expected-more-clarity The plenum saw top Chinese officials discuss policies to raise consumption, boost innovation and the local property market. Wealth and Asset Management Man Group Half year results News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113092/man-group-half-year-results We were also pleased to record net inflows of $0.9 billion during another challenging period for asset raising in the industry. Wealth and Asset Management UBS to sell the Credit Suisse Insurance Linked Strategies Ltd business to its management team News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113093/ubs-to-sell-the-credit-suisse-insurance-linked-strategies-ltd-business-to-its-management-team Upon closing, CSILS will operate independently from UBS under a new name and will continue to manage the funds and single investor fund mandates. Wealth and Asset Management Jupiter investors accelerate exodus over departure of star stock-picker News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113097/jupiter-investors-accelerate-exodus-over-departure-of-star-stock-picker Pre-tax profits meanwhile rose 11 per cent per cent to £38.7m. Wealth and Asset Management Wealthify appoints new CEO News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113083/wealthify-appoints-new-ceo Ambrose joins with over 25 years’ digital and fintech experience Executive Moves Elevation Point Adds Two UBS Execs as Founding Partners News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113086/elevation-point-adds-two-ubs-execs-as-founding-partners Bradford Smithy and Robert Tamarkin are joining the venture launched by former Sanctuary Wealth CEO Jim Dickson, which aims to help smaller RIAs grow. Executive Moves Savvy Adds Six New Advisors, Pushing AUM Over $700M News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113088/savvy-adds-six-new-advisors-pushing-aum-over-700m Brad Morgan joins from Mariner Wealth Advisors, which is suing him and the tech-focused RIA for poaching books of business. Executive Moves SEI Attracts New Executive Vice President News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113091/sei-attracts-new-executive-vice-president Financial Services Leader’s Diverse Experience to Bolster Strategic Growth Executive Moves Broadridge Appoints David Runacres as President of APAC News Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113049/broadridge-appoints-david-runacres-as-president-of-apac He will also assume the role of Senior Country Officer, Japan, overseeing all activities in a market that is a key part of Broadridge investment and growth strategy. Executive Moves Daisy Tsang appointed as Chief Executive Officer, HSBC Life Hong Kong News Aggregation Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113050/daisy-tsang-appointed-as-chief-executive-officer-hsbc-life-hong-kong In her new role, she will drive the strategic growth priorities of HSBC Life in Hong Kong and Macau. Executive Moves Francis Tan Joins Indosuez Wealth Management as Chief Strategist for Asia News Aggregation Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113051/francis-tan-joins-indosuez-wealth-management-as-chief-strategist-for-asia Tan will remain based in Singapore. Executive Moves H.I.G. Capital Adds Whitney Ehrlich as New Head of Private Wealth Management News Aggregation Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113054/hig-capital-adds-whitney-ehrlich-as-new-head-of-private-wealth-management She will be responsible for capital raising activities and investor relations within intermediary and private wealth channels in the U.S., through the firm's strategies Executive Moves Fiduciary Trust International Expands New York Office with Addition of Two Seasoned Portfolio Managers News Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113055/fiduciary-trust-international-expands-new-york-office-with-addition-of-two-seasoned-portfolio-managers Debjani and Peter bring decades of industry experience and a deep commitment to client success, aligning perfectly with our mission of delivering our best thinking through personalized wealth management advice and holistic portfolio construction. Executive Moves Raymond James welcomes new VP of wealth management to Dublin office News Aggregation Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113058/raymond-james-welcomes-new-vp-of-wealth-management-to-dublin-office Advisor previously managed more than $100 million at Edward Jones. Executive Moves Improve efficiency and compliance with outsourced CFO services in Switzerland News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113076/improve-efficiency-and-compliance-with-outsourced-cfo-services-in-switzerland Successful CFOs must possess a diverse skill set, from strategic decision-making to technology management. Legal,Regulation,Tax & Compliance Chambers HNW 2024 Recognizes Womble Partners in Private Wealth, Art & Cultural Property Law News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113090/chambers-hnw-2024-recognizes-womble-partners-in-private-wealth-art-ampamp-cultural-property-law Published by Chambers & Partners, HNW covers private wealth management work and related specialisms in jurisdictions worldwide, featuring editorial about the leading professional advisers to wealthy individuals and families in each market. Legal,Regulation,Tax & Compliance The U.K May Implement a New Tax That Could Cause the Ultra-Wealthy to Leave the Country News Aggregation Team Monday, July 22, 2024 1:00 am http://managersofwealth.com/article/112973/the-uk-may-implement-a-new-tax-that-could-cause-the-ultra-wealthy-to-leave-the-country But recently installed Prime Minister Keir Starmer is thinking of doing away with the so-called non-dom system. Legal,Regulation,Tax & Compliance BaFin accuses Swiss firms of offering shares without required prospectus News Aggregation Team Monday, July 22, 2024 1:00 am http://managersofwealth.com/article/112991/bafin-accuses-swiss-firms-of-offering-shares-without-required-prospectus German regulator may issue fines stretching into millions of euros to companies which breach this obligation. Legal,Regulation,Tax & Compliance Appleby recognition across six offices in Chambers High Net Worth 2024 News Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112941/appleby-recognition-across-six-offices-in-chambers-high-net-worth-2024 It means the Group has secured rankings across six of its global locations – Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, the Isle of Man and Jersey. Legal,Regulation,Tax & Compliance Carey Olsen leads offshore firms in Chambers High Net Worth 2024 News Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112951/carey-olsen-leads-offshore-firms-in-chambers-high-net-worth-2024 Chambers and Partners is one of the world's leading reference and ranking bodies for the legal sector Legal,Regulation,Tax & Compliance Chambers High Net Worth guide recognizes Withers as a leading firm globally News Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112952/chambers-high-net-worth-guide-recognizes-withers-as-a-leading-firm-globally Withers is one of the premier full-service firms for private wealth and has a strong tax litigation practice Legal,Regulation,Tax & Compliance Estate Planning for Millionaires News Aggregation Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112958/estate-planning-for-millionaires Estate planning for millionaires and high-net-worth families is complex. Set up your team, paperwork and tax plan. Legal,Regulation,Tax & Compliance Aberdeen law firm once again recognised in Chambers High Net Worth Guide News Aggregation Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112960/aberdeen-law-firm-once-again-recognised-in-chambers-high-net-worth-guide Stronachs’ STEP-accredited private client team has retained its Band 2 ranking and Partner and Head of Private Client Jaclyn Russell continues to be individually recognised and ranked as Band 2. Legal,Regulation,Tax & Compliance Farrer & Co once again recognised in Chambers High Net Worth Guide News Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112964/farrer-ampamp-co-once-again-recognised-in-chambers-high-net-worth-guide Chambers High Net Worth is one of a series of guides to the legal profession across the globe. Legal,Regulation,Tax & Compliance SEI Reports Second-Quarter 2024 Financial Results News Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113057/sei-reports-second-quarter-2024-financial-results Diluted earnings per share were $1.05 in second-quarter 2024 compared to $0.89 in second-quarter 2023. FinTech Generative AI in organizations 2024 News Aggregation Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/112999/generative-ai-in-organizations-2024 Report from the Capgemini Research Institute FinTech 5 FinTechs boosting Wealth Management in the USA News Aggregation Team Monday, July 22, 2024 1:00 am http://managersofwealth.com/article/112996/5-fintechs-boosting-wealth-management-in-the-usa Due to evolving FinTechs, the masses are better equipped to make informed financial investment decisions and be aware of the trends within the wealth allocation and management industry. FinTech Thought Machine and Quantifeed join forces for private banking drive News Team Wednesday, July 17, 2024 1:00 am http://managersofwealth.com/article/112883/thought-machine-and-quantifeed-join-forces-for-private-banking-drive Quantifeed’s QEngine platform and Thought Machine’s Vault Core offer a comprehensive solution for private banks. FinTech Apex Group appoints Novigi as data and technology partner News Team Wednesday, July 17, 2024 1:00 am http://managersofwealth.com/article/112894/apex-group-appoints-novigi-as-data-and-technology-partner It builds on prior collaboration between Apex Group and Novigi and combines expertise and resources to deliver a scaled platform for current and future clients. FinTech Carmignac launches tech equity fund News Aggregation Team Tuesday, July 16, 2024 1:00 am http://managersofwealth.com/article/112876/carmignac-launches-tech-equity-fund Carmignac Portfolio Tech Solutions, as the new fund is known will use a blended investment approach, mixing a growth-focused investment strategy with value opportunities. FinTech Zug wealthtech firms merge to enhance AI offering News Aggregation Team Monday, July 15, 2024 1:00 am http://managersofwealth.com/article/112838/zug-wealthtech-firms-merge-to-enhance-ai-offering Etops Group has merged with sales intelligence firm Selli. FinTech Sygnum launches Connect 24/7 Multi-Asset Instant Settlement Network News Team Thursday, July 11, 2024 1:00 am http://managersofwealth.com/article/112790/sygnum-launches-connect-247-multi-asset-instant-settlement-network Sygnum Connect fills the current industry gap for a complete solution that delivers the capital efficiency, on-demand liquidity FinTech Bain Capital close to sealing deal to buy Envestnet, sources say News Aggregation Team Thursday, July 11, 2024 1:00 am http://managersofwealth.com/article/112796/bain-capital-close-to-sealing-deal-to-buy-envestnet-sources-say More recently, in April, Reuters reported that Envestnet was once again contemplating a sale, which led to a surge in its share prices. FinTech Broadridge Named a Luminary in Reconciliation Systems by Celent News Team Thursday, July 11, 2024 1:00 am http://managersofwealth.com/article/112798/broadridge-named-a-luminary-in-reconciliation-systems-by-celent Celent defines its ‘Luminary’ designation as excelling in solution capabilities and for having a leading market presence. FinTech Outsourcing for family offices News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113078/outsourcing-for-family-offices Given that it’s estimated that extensive single-family offices are only viable from a cost perspective when a family’s wealth reaches the $250 million mark, it remains a high bar for many. Family Office Co-investments gain ground among family offices for alts plays News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113099/co-investments-gain-ground-among-family-offices-for-alts-plays Co-investments are picking up steam for single-family offices, giving them access to more investment opportunities as well as potential for higher returns. Family Office Family office Octagon makes its debut in the UAE News Aggregation Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113068/family-office-octagon-makes-its-debut-in-the-uae Octagon, an established 'family office as-a-service' adviser, enters the UAE market. Family Office ZEDRA and CreaPartners announce collaborative undertaking News Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/113018/zedra-and-creapartners-announce-collaborative-undertaking ZEDRA and CreaPartners will bring together the best of both our organisations. Family Office Why Asia is the new prime location for family offices News Aggregation Team Monday, July 22, 2024 1:00 am http://managersofwealth.com/article/112978/why-asia-is-the-new-prime-location-for-family-offices The region's population of millionaires continues to rise, driving the growth of family offices. Family Office Lennertz & Co. Appoints Head of Family Office News Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112969/lennertz-ampamp-co-appoints-head-of-family-office The 55-year-old will assume the position of Head of Family Office at Lennertz & Co. Family Office Whittier Trust Honored as a Finalist for ‘Multi-Family Office Team of the Year’ for the Second Consecutive Year at the 2024 STEP Private Client Awards News Team Thursday, July 18, 2024 1:00 am http://managersofwealth.com/article/112916/whittier-trust-honored-as-a-finalist-for-amplsquomulti-family-office-team-of-the-yearamprsquo-for-the-second-consecutive-year-at-the-2024-step-private-client-awards This recognition is a testament to Whittier Trust's commitment to prioritizing clients' needs, goals, and legacies and providing the utmost professional service in wealth advising. Family Office Family offices embracing private equity News Aggregation Team Thursday, July 18, 2024 1:00 am http://managersofwealth.com/article/112927/family-offices-embracing-private-equity This year, in 2024, nearly 30 per cent of family offices plan to invest more into private equity. Family Office Credit Suisse Veterans Lead Shakeup of Opel Family Office News Aggregation Team Wednesday, July 17, 2024 1:00 am http://managersofwealth.com/article/112895/credit-suisse-veterans-lead-shakeup-of-opel-family-office Marina Viergutz, Susanne Reinhard join Opel family’s GVO Family Office Dubai Prince Makes Family Office U-Turn in Hong Kong News Aggregation Team Wednesday, July 17, 2024 1:00 am http://managersofwealth.com/article/112908/dubai-prince-makes-family-office-u-turn-in-hong-kong [I]f the government wishes to promote the city’s family office policy by publicizing some examples, then they should really be more careful and do the proper background checks first Family Office Sotheby’s Opens New Art Space in Hong Kong News Aggregation Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113061/sothebyamprsquos-opens-new-art-space-in-hong-kong Asia is Sotheby’s second largest market globally Luxury Luxury faces a reckoning: What do Gucci, Burberry and LVMH need to do to survive? News Aggregation Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/113023/luxury-faces-a-reckoning-what-do-gucci-burberry-and-lvmh-need-to-do-to-survive Briefly, it looked as though the upswing was going to stick, with pundits – and papers – asking if it would ever end. Luxury BYD’s new luxury electric sedan hits showrooms to challenge Tesla and Porsche News Aggregation Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112949/bydamprsquos-new-luxury-electric-sedan-hits-showrooms-to-challenge-tesla-and-porsche After launching Yangwang last year, BYD’s luxury brand is already creating hype. Yangwang introduced its first vehicle, the U8 off-roader, last September. Luxury Status Drives Millennials To Spend More On Luxury Goods. Is Conspicuous Consumption Coming Back? News Aggregation Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112950/status-drives-millennials-to-spend-more-on-luxury-goods-is-conspicuous-consumption-coming-back Underlying Millennials’ motivation for things over experiences is the status and prestige that come with them. Luxury Billionaire buyers worried about prime London purchases under Labour - claim News Aggregation Team Wednesday, July 17, 2024 1:00 am http://managersofwealth.com/article/112897/billionaire-buyers-worried-about-prime-london-purchases-under-labour-claim Analysis of LonRes data by Beauchamp Estates has looked at sales of luxury residential properties valued over £15m between January and June 2024 compared with the same period in 2023. Luxury The best family-friendly luxury hotels in New York News Aggregation Team Monday, July 15, 2024 1:00 am http://managersofwealth.com/article/112825/the-best-family-friendly-luxury-hotels-in-new-york Nowhere comes close to the magic of a family trip to New York City. Luxury Laurene Powell Jobs buys San Francisco mansion for record $70M, just a month after splashing $94M on a Malibu property News Aggregation Team Monday, July 15, 2024 1:00 am http://managersofwealth.com/article/112836/laurene-powell-jobs-buys-san-francisco-mansion-for-record-70m-just-a-month-after-splashing-94m-on-a-malibu-property The mansion is the most expensive home ever sold in the city. Luxury King Charles Splurges On $6.63M Luxury NYC Condo Amid Royal Rift With The Sussexes News Team Friday, July 12, 2024 1:00 am http://managersofwealth.com/article/112818/king-charles-splurges-on-663m-luxury-nyc-condo-amid-royal-rift-with-the-sussexes It remains to be seen who would actually inhabit the property, as the deed mentioned Canada in an apparent purchase for the nation. Luxury Living It Up In Luxury In Las Vegas News Aggregation Team Thursday, July 11, 2024 1:00 am http://managersofwealth.com/article/112785/living-it-up-in-luxury-in-las-vegas Richard Jones enjoys a memorable stay in the entertainment capital of the world. Luxury Luxury estate agents reveal slump in sales as non-doms flee Labour's tax bombshell News Aggregation Team Wednesday, July 10, 2024 1:00 am http://managersofwealth.com/article/112764/luxury-estate-agents-reveal-slump-in-sales-as-non-doms-flee-labouramp039s-tax-bombshell This has, in turn, already reduced how much money foreign buyers are prepared to spend in the London housing market. Luxury Taylor Leads The Swifties Into A New Wealth Management Era News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113087/taylor-leads-the-swifties-into-a-new-wealth-management-era Her wealth, however, has been primarily her own in the making Extremely Wealthy Next generation driving force behind evolution of philanthropy in the Middle East News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113096/next-generation-driving-force-behind-evolution-of-philanthropy-in-the-middle-east Philanthropy in the Middle East is evolving, influenced by traditional values and modern trends Extremely Wealthy Ultra-wealthy now worth $75 trillion thanks to rallying equities News Aggregation Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113063/ultra-wealthy-now-worth-75-trillion-thanks-to-rallying-equities A late-year rally in global equities increased the global ultra-high-net-worth population’s total net-worth by 7.6% to US$49.2 trillion, a new report has found. Extremely Wealthy Bernard Arnault has lost more wealth than any billionaire in 2024 News Aggregation Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113073/bernard-arnault-has-lost-more-wealth-than-any-billionaire-in-2024 Musk’s one-day slump was the fifth-largest market-driven drop in the 12-year history of Bloomberg’s wealth index Extremely Wealthy China, Hong Kong pools of ultra-rich shrink and Asia’s wealth engine cools, Altrata says News Aggregation Team Wednesday, July 24, 2024 1:00 am http://managersofwealth.com/article/113040/china-hong-kong-pools-of-ultra-rich-shrink-and-asiaamprsquos-wealth-engine-cools-altrata-says China now has 46,060 ultra wealthy individuals with a total wealth of US$5.20 trillion. It is down from 2022’s tally of 47,190 citizens with a wealth pile of US$5.3 trillion Extremely Wealthy Riccardo Petrachi: What You Can Learn From The Ultra-Wealthy News Aggregation Team Friday, July 19, 2024 1:00 am http://managersofwealth.com/article/112943/riccardo-petrachi-what-you-can-learn-from-the-ultra-wealthy Riccardo Petrachi, people having more than 20 million francs in investible assets are considered ultra-high-net-worth-individuals (UHNWIs). Extremely Wealthy 25 of the richest donors funneling money to Donald Trump: Elon Musk, Steve Schwarzman, and more News Aggregation Team Thursday, July 18, 2024 1:00 am http://managersofwealth.com/article/112917/25-of-the-richest-donors-funneling-money-to-donald-trump-elon-musk-steve-schwarzman-and-more Here are some of Trump's richest donors and how much they've contributed to the 2024 campaign. Extremely Wealthy The Wealthiest Person in Switzerland News Aggregation Team Monday, July 15, 2024 1:00 am http://managersofwealth.com/article/112843/the-wealthiest-person-in-switzerland The country remained resilient during the uncertainties of the pandemic, geopolitical tensions, and shifts in the energy marks across the globe. Extremely Wealthy The World’s Richest Just Got Extraordinarily More Wealthy—Taxing Them Doesn’t Go Nearly Far Enough News Aggregation Team Thursday, July 11, 2024 1:00 am http://managersofwealth.com/article/112783/the-worldamprsquos-richest-just-got-extraordinarily-more-wealthyampmdashtaxing-them-doesnamprsquot-go-nearly-far-enough Lessening inequality isn’t the only reason to tax the super rich. We also need to decrease their political power while spending on social programs that benefit the working class. Extremely Wealthy While Singapore scrutinises, Hong Kong wins back wealthy Chinese News Aggregation Team Wednesday, July 10, 2024 1:00 am http://managersofwealth.com/article/112742/while-singapore-scrutinises-hong-kong-wins-back-wealthy-chinese It’s a shift from the pandemic years when Hong Kong’s strict quarantine and political upheaval led many to flock to Singapore Extremely Wealthy Closing the efficiency gap between public and private markets News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113075/closing-the-efficiency-gap-between-public-and-private-markets Private capital markets have taken huge strides forward over the past decade. Comment & Analysis The importance of customs data analytics News Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113094/the-importance-of-customs-data-analytics In today’s globalised economy, efficient customs processes are essential for businesses engaged in international trade. Comment & Analysis Why won’t wealth firms discuss complaints? News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113098/why-wonamprsquot-wealth-firms-discuss-complaints A recent report found that nearly one in five clients switched firms after poor complaints handling, but few want to speak about processes. Comment & Analysis Eurozone PMIs: Weak start to Q3 does not bode well for recovery News Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113056/eurozone-pmis-weak-start-to-q3-does-not-bode-well-for-recovery Similar to last months, activity in the eurozone services sector remained firmly in expansionary territory but did slow in pace. Comment & Analysis Leonteq publishes half-year 2024 results News Team Thursday, July 25, 2024 1:00 am http://managersofwealth.com/article/113060/leonteq-publishes-half-year-2024-results After more than six years as CEO, Leonteq founding shareholder Lukas Ruflin has announced his intention to step down from his role once a successor has been appointed. Comment & Analysis The Henley Passport Index News Team Wednesday, July 24, 2024 1:00 am http://managersofwealth.com/article/113030/the-henley-passport-index 2024 Global Ranking Comment & Analysis Private Banks Call For Trimmed «Trump Trades» News Aggregation Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/112998/private-banks-call-for-trimmed-amplaquotrump-tradesampraquo Following the withdrawal of Joe Biden from the US presidential race, market watchers are prescribing a lower level of certainty that the Republicans will win both the White House and Congress. Comment & Analysis Japan's cash-rich companies: harnessing corporate reforms News Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/113005/japanamp039s-cash-rich-companies-harnessing-corporate-reforms Exploring hidden opportunities amid a push for more active cash use Comment & Analysis Study reveals support from institutional investors and wealth managers for tokenisation is building but distribution remains a concern News Aggregation Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/113015/study-reveals-support-from-institutional-investors-and-wealth-managers-for-tokenisation-is-building-but-distribution-remains-a-concern The study with organisations invested in the digital assets sector found 75% expect more fund managers to look at the potential for tokenisation Comment & Analysis Expected Drop in Interest Rates Fuels Wealth Management M&A News Aggregation Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/113019/expected-drop-in-interest-rates-fuels-wealth-management-mampampa An Echelon Partners report showed robust activity in mergers and acquisition in Q2. Comment & Analysis Mukesh Ambani’s wealth rose enough, in a day, to pay for most of a $600 million wedding News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113080/mukesh-ambaniamprsquos-wealth-rose-enough-in-a-day-to-pay-for-most-of-a-600-million-wedding What made Ambani stand out was that he was the only one of the top 20 billionaires to see their wealth rise in what was a brutal day for the mega-elite after the S&P 500 stock index tumbled. Extremely Expensive Prima Asset Management buys Prime Hotel in London News Aggregation Team Monday, June 17, 2024 1:00 am http://managersofwealth.com/article/112279/prima-asset-management-buys-prime-hotel-in-london Prima Asset Management, a Singapore-based real estate asset management company, has acquired the freehold Prime Hotel located in the Paddington area in London. Financial details of the transaction remain undisclosed. The acquisition is part of the compa Extremely Expensive Pink Diamond Scores $13M at Christie’s New York News Aggregation Team Friday, June 14, 2024 1:00 am http://managersofwealth.com/article/112255/pink-diamond-scores-13m-at-christieamprsquos-new-york The auction saw strong participation, with half of the bids coming from the Americas while a quarter came from Europe, and 26% from Asia Pacific and the Middle East combined. Extremely Expensive The Most Expensive Dresses Ever Sold at Auction News Aggregation Team Friday, April 26, 2024 1:00 am http://managersofwealth.com/article/111372/the-most-expensive-dresses-ever-sold-at-auction The dress, from the spring 1967 collection, was made of chain-linked aluminum squares and rectangular plates. Its sale price was a world record for a Paco Rabanne piece. Extremely Expensive Jeff Bezos just leapfrogged Elon Musk as the world’s richest person with a fortune of $200 billion News Aggregation Team Tuesday, March 05, 2024 12:00 am http://managersofwealth.com/article/110365/jeff-bezos-just-leapfrogged-elon-musk-as-the-worldamprsquos-richest-person-with-a-fortune-of-200-billion Musk now has a net worth of $197.7 billion; Bezos’ fortune is $200.3 billion. Extremely Expensive Beatles Painting Made Between Tokyo Performances Sells for $1.7 M. at Christie’s News Aggregation Team Tuesday, February 06, 2024 12:00 am http://managersofwealth.com/article/109847/beatles-painting-made-between-tokyo-performances-sells-for-17-m-at-christieamprsquos Japanese authorities decided that was the safest place to keep the band between their five concert performances at Budokan Hall. Extremely Expensive Where can you find the world’s most expensive houses? Just north of $200 million News Aggregation Team Monday, February 05, 2024 12:00 am http://managersofwealth.com/article/109818/where-can-you-find-the-worldamprsquos-most-expensive-houses-just-north-of-200-million Billionaires are getting richer and the trophy house supply just can’t keep up. Will $200 million become the ‘norm’ for the super-rich house hunter? Extremely Expensive Taylor Swift revamps £10 million North London luxury mansion News Aggregation Team Thursday, December 28, 2023 12:00 am http://managersofwealth.com/article/109134/taylor-swift-revamps-amppound10-million-north-london-luxury-mansion The mansion will feature luxury appointments including a swimming pool and even an orangery, planning documents reveal. Extremely Expensive Dubai penthouse sold for $136mln News Aggregation Team Monday, November 20, 2023 12:00 am http://managersofwealth.com/article/108465/dubai-penthouse-sold-for-136mln Here's what makes it the most expensive residential property ever Extremely Expensive Lamborghini Huracan sets record as Motorway’s most expensive used car in daily sale News Aggregation Team Friday, September 15, 2023 1:00 am http://managersofwealth.com/article/107221/lamborghini-huracan-sets-record-as-motorwayamprsquos-most-expensive-used-car-in-daily-sale Used car marketplace reveals top 10 most expensive cars sold so far in 2023 Extremely Expensive UK Wealth Management and HNW Investors Report 2024: Robo-advice Accounts for 18.3% of the UK HNW Portfolio and has Strong Current Demand News Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/113010/uk-wealth-management-and-hnw-investors-report-2024-robo-advice-accounts-for-183-of-the-uk-hnw-portfolio-and-has-strong-current-demand The report is based on the analyst's annual Global Wealth Managers Survey. Research Concerns rising over retirement of financial advisers, research shows News Aggregation Team Tuesday, July 23, 2024 1:00 am http://managersofwealth.com/article/113011/concerns-rising-over-retirement-of-financial-advisers-research-shows This concern is supported by additional research conducted by Investec, which surveyed 100 financial advisers and planners. Research Vanguard launches advisory research centre for investors News Aggregation Team Thursday, July 18, 2024 1:00 am http://managersofwealth.com/article/112912/vanguard-launches-advisory-research-centre-for-investors The team will leverage the experience and data gained from Vanguard’s position as a trusted partner for investors and intermediaries across Europe. Research Wealth Management Platform Market Size to Reach US$ 15.8 Billion by 2032 Due to Rising Demand for Comprehensive Financial Solutions | Research by SNS Insider News Team Tuesday, July 16, 2024 1:00 am http://managersofwealth.com/article/112854/wealth-management-platform-market-size-to-reach-us-158-billion-by-2032-due-to-rising-demand-for-comprehensive-financial-solutions-research-by-sns-insider The growing need for easily accessible and efficient wealth management solutions, in combination with investor confidence in digital platforms, is driving significant growth in the wealth management platform market, Says SNS Insider. Research Women need equitable financial opportunities, not equal opportunities News Team Thursday, July 11, 2024 1:00 am http://managersofwealth.com/article/112777/women-need-equitable-financial-opportunities-not-equal-opportunities This distinction was highlighted in last year’s International Women’s Day, where the theme was ‘embrace equity’. Research New White Paper covers shareholder voting on remuneration News Team Wednesday, July 10, 2024 1:00 am http://managersofwealth.com/article/112751/new-white-paper-covers-shareholder-voting-on-remuneration Data shows that remuneration is one area where not taking such KPIs into account can be detrimental to the company and its stakeholders. Research Housebuilders remain hostages to interest rate fortunes, despite initial share price boost from Labour News Team Monday, July 08, 2024 1:00 am http://managersofwealth.com/article/112694/housebuilders-remain-hostages-to-interest-rate-fortunes-despite-initial-share-price-boost-from-labour There is a clear plan to stimulate the supply-side of the equation with a return to mandatory housing targets and easing of planning restrictions. Research Money not everything in how Luxembourg measures wealth News Aggregation Team Thursday, July 04, 2024 1:00 am http://managersofwealth.com/article/112647/money-not-everything-in-how-luxembourg-measures-wealth A new survey asked people how much money you need in order to be considered wealthy Research Global Private Banking Market is Anticipated to Witness CAGR of 10.4% over the Forecast Period (2024 – 2034): A Report by The Niche Research News Team Tuesday, July 02, 2024 1:00 am http://managersofwealth.com/article/112579/global-private-banking-market-is-anticipated-to-witness-cagr-of-104-over-the-forecast-period-2024-ampndash-2034-a-report-by-the-niche-research Increasing Number of High-Net-Worth Individuals Seeking Personalized Financial Services and Wealth Management Solutions to Drive Growth in the Private Banking Market Research M&G Wealth research finds over a quarter of advisers don’t segment their client base: launch of best practice guide News Team Tuesday, June 25, 2024 1:00 am http://managersofwealth.com/article/112435/mampampg-wealth-research-finds-over-a-quarter-of-advisers-donamprsquot-segment-their-client-base-launch-of-best-practice-guide It also shines a spotlight on differences in interpretation of what client segmentation is, and what it isn’t, which might explain why an increasing number state they are not segmenting clients. Research 7 Essential Destinations for Luxury Travel in 2024 News Aggregation Team Friday, July 05, 2024 1:00 am http://managersofwealth.com/article/112681/7-essential-destinations-for-luxury-travel-in-2024 Travelers should focus on strategic timing, currency exchange rates, and local promotions to maximize their budget while enjoying unparalleled indulgence. Executive Travel Tropical Living: 9 Warm Destinations to Escape the Winter News Team Monday, January 16, 2023 12:00 am http://managersofwealth.com/article/102458/tropical-living-9-warm-destinations-to-escape-the-winter These tropical, sandy, and sunny luxury locales offer a retreat from northern snow and ice Executive Travel Destination Aspen: Colorado’s Ski and Mountain Star News Team Monday, January 09, 2023 12:00 am http://managersofwealth.com/article/102316/destination-aspen-coloradoamprsquos-ski-and-mountain-star Aspen has it all—clean air, culture, designer shops and fine dining, and of course the world’s best skiing and outdoor pursuits. Read on to learn why Aspen is the “Beverly Hills of the mountains,” and take a glimpse of what’s Executive Travel Travellers opting for luxury penguin cruises News Aggregation Team Monday, December 19, 2022 12:00 am http://managersofwealth.com/article/102029/travellers-opting-for-luxury-penguin-cruises Cruising allows nature lovers to access remote areas and enjoy them in luxury accommodation from a small cruise ship which has minimal impact on the delicate environment. Executive Travel On Top of the World: Welcome to Sunny Isles Beach, Miami News Team Monday, October 31, 2022 12:00 am http://managersofwealth.com/article/101011/on-top-of-the-world-welcome-to-sunny-isles-beach-miami Set to redefine the Miami skyline, the two towers of The St. Regis Residences, Sunny Isles Beach, are an exquisite paradise Executive Travel The World’s Most Powerful Passports have the Least Travel Freedom News Team Wednesday, July 20, 2022 1:00 am http://managersofwealth.com/article/98919/the-worldamprsquos-most-powerful-passports-have-the-least-travel-freedom This figure is far behind the global trend where markets in Europe and North America have recovered to around 60% of pre-crisis travel mobility levels. Executive Travel Debunking Top 4 Myths On Private Jet Travel News Aggregation Team Tuesday, May 31, 2022 1:00 am http://managersofwealth.com/article/97937/debunking-top-4-myths-on-private-jet-travel A luxurious vacation in the far-flung lands is now within reach with private jets becoming more accessible for everyone. Executive Travel ‘The haves and have-yachts’: on the trail of London’s super-rich News Aggregation Team Monday, May 23, 2022 1:00 am http://managersofwealth.com/article/97784/amplsquothe-haves-and-have-yachtsamprsquo-on-the-trail-of-londonamprsquos-super-rich We join sociologist Caroline Knowles on a walk across the economic and class divide of the capital to discover how extreme wealth has reshaped our streets Executive Travel Biggin Hill Airport Plots Future News Aggregation Team Wednesday, May 18, 2022 1:00 am http://managersofwealth.com/article/97674/biggin-hill-airport-plots-future This surge is also reflected in the hub’s annual aircraft movement tally, which jumped by nearly 30 percent between 2020 and 2021, rising from 14,700 to 18,900. Executive Travel Will inter-city space travel replace business jet flights in the near future? News Aggregation Team Friday, May 13, 2022 1:00 am http://managersofwealth.com/article/97577/will-inter-city-space-travel-replace-business-jet-flights-in-the-near-future The market could be worth about $7bn in terms of revenue for operators by 2040, Citi report says Executive Travel Schroders Greencoat expands UK solar portfolio with 110MWp acquisition from METLEN Energy & Metals News Team Wednesday, July 24, 2024 1:00 am http://managersofwealth.com/article/113041/schroders-greencoat-expands-uk-solar-portfolio-with-110mwp-acquisition-from-metlen-energy-ampamp-metals The portfolio consists of three operating solar PV assets including Gorse Lane in Lincolnshire, Defford in Worcestershire, and Watnall in Nottinghamshire. Planet SOS Ocean Winds: innovative financing for a pioneering offshore wind project News Team Monday, July 22, 2024 1:00 am http://managersofwealth.com/article/112987/ocean-winds-innovative-financing-for-a-pioneering-offshore-wind-project Rather than selling 100% of the revenues to the government, we have direct agreements with businesses to sell that energy. Planet SOS The great climate change wealth transfer is here News Aggregation Team Monday, July 22, 2024 1:00 am http://managersofwealth.com/article/112994/the-great-climate-change-wealth-transfer-is-here Politics and profit are making it harder to kick our fossil fuel addiction Planet SOS Ongoing efforts needed to achieve greater gender balance in asset management, IQ-EQ report finds News Team Thursday, July 18, 2024 1:00 am http://managersofwealth.com/article/112936/ongoing-efforts-needed-to-achieve-greater-gender-balance-in-asset-management-iq-eq-report-finds The report outlines the initiatives IQ-EQ is spearheading to close the DE&I gap in the industry Planet SOS Macquarie Asset Management agrees to acquire additional stake in Lynn and inner Dowsing offshore wind farms News Team Thursday, July 18, 2024 1:00 am http://managersofwealth.com/article/112938/macquarie-asset-management-agrees-to-acquire-additional-stake-in-lynn-and-inner-dowsing-offshore-wind-farms Macquarie Group has been investing in the UK’s offshore wind sector for more than a decade Planet SOS Macquarie Asset Management agrees sale of Hydro Dolomiti Energia stake to Dolomiti Energia Group News Team Wednesday, July 17, 2024 1:00 am http://managersofwealth.com/article/112890/macquarie-asset-management-agrees-sale-of-hydro-dolomiti-energia-stake-to-dolomiti-energia-group The decision follows a previous announcement on 25 June 2024, and will see Dolomiti Energia Group own 100 per cent of HDE upon financial close, expected in the second half of 2024. Planet SOS Decarbonisation in an urban world: the low-carbon materials that could slash construction emissions News Team Wednesday, July 17, 2024 1:00 am http://managersofwealth.com/article/112891/decarbonisation-in-an-urban-world-the-low-carbon-materials-that-could-slash-construction-emissions Much of this urbanisation is taking place in emerging market nations, where populations are growing fastest and the shift from a rural to an urban economy is still gathering pace. Planet SOS Guernsey Finance showcases island’s Sustainable Finance successes to HM King Charles III News Team Wednesday, July 17, 2024 1:00 am http://managersofwealth.com/article/112898/guernsey-finance-showcases-islandamprsquos-sustainable-finance-successes-to-hm-king-charles-iii Also present were Noel Quinn, global head of HSBC, and Emmanuelle Bury of BNP Paribas from The King’s Sustainable Markets Initiative. Planet SOS All the tea in… Thailand – meet Monsoon: the firm making traceable, forest-friendly tea News Team Thursday, July 11, 2024 1:00 am http://managersofwealth.com/article/112787/all-the-tea-inamphellip-thailand-ampndash-meet-monsoon-the-firm-making-traceable-forest-friendly-tea Tea, like other crops grown in tropical regions, is also acutely vulnerable to climate change. Planet SOS How can the circular economy provide a tangible response to the environmental challenges we face? News Team Monday, July 08, 2024 1:00 am http://managersofwealth.com/article/112693/how-can-the-circular-economy-provide-a-tangible-response-to-the-environmental-challenges-we-face Within Switzerland, there are initiatives taking shape to promote a circular economic model, such as the QoQa e-commerce platform, which favours short supply chains when selecting and distributing its products. Planet SOS SJP: We need to talk more about money to improve mental health News Aggregation Team Thursday, May 02, 2024 1:00 am http://managersofwealth.com/article/111474/sjp-we-need-to-talk-more-about-money-to-improve-mental-health But opening up about money can improve people’s mental health, whether they’re sharing their own financial worries or talking to others about theirs. Health & Wellness Mental health ranks as highest employee concern for asset managers News Aggregation Team Friday, January 26, 2024 12:00 am http://managersofwealth.com/article/109659/mental-health-ranks-as-highest-employee-concern-for-asset-managers Work-life balance a key priority Health & Wellness Best wishes for your health and happiness in 2024 and beyond News Team Wednesday, December 27, 2023 12:00 am http://managersofwealth.com/article/109122/best-wishes-for-your-health-and-happiness-in-2024-and-beyond The Sustainability Revolution is well underway and is reshaping risk and return dynamics across sectors. Clean energy has now fully eclipsed fossil fuels. Health & Wellness What you can do to boost your employees’ financial health News Team Thursday, July 06, 2023 1:00 am http://managersofwealth.com/article/105833/what-you-can-do-to-boost-your-employeesamprsquo-financial-health 2022 started off strong for employees: the job market was hot, and employees were wooed with perks and bonuses. Health & Wellness Wealth and health managers will become intertwined in future, professor says News Aggregation Team Wednesday, June 07, 2023 1:00 am http://managersofwealth.com/article/105282/wealth-and-health-managers-will-become-intertwined-in-future-professor-says He observed there is an increasing recognition that both health and wealth are the keys to happiness. Health & Wellness Brooks Macdonald International supports Health and Wealth Wellbeing event News Aggregation Team Friday, March 31, 2023 1:00 am http://managersofwealth.com/article/104017/brooks-macdonald-international-supports-health-and-wealth-wellbeing-event Hosted at the offices of law firm Walkers, the event gave its women-focused audience an opportunity to talk openly about managing wealth and achieving a positive lifestyle. Health & Wellness The Art of Wellness: 8 Spa-Worthy Homes for Health & Fitness News Team Monday, January 23, 2023 12:00 am http://managersofwealth.com/article/102618/the-art-of-wellness-8-spa-worthy-homes-for-health-ampamp-fitness Luxury Defined kick-starts the New Year with a collection of luxury homes with amenities devoted to restoring mind, body, and soul Health & Wellness Top Robeco global fund sticks with ‘quality’ healthcare stocks as salve to macro unknowns News Aggregation Team Monday, November 14, 2022 12:00 am http://managersofwealth.com/article/101306/top-robeco-global-fund-sticks-with-amplsquoqualityamprsquo-healthcare-stocks-as-salve-to-macro-unknowns Robeco manager Michiel Plakman is using quality stocks as a defence against turbulent markets driven by macro factors, with a heavy weighting towards healthcare. Health & Wellness Customers consider insurers as preferred providers for physical and financial wellness advice News Team Tuesday, September 20, 2022 1:00 am http://managersofwealth.com/article/100173/customers-consider-insurers-as-preferred-providers-for-physical-and-financial-wellness-advice Over two thirds of customers are interested in physical and financial wellness,yet only 8% of insurers have established the necessary capabilities Health & Wellness The relationship between health and wealth is complicated, and the debate tends to get political quickly News Aggregation Team Thursday, June 30, 2022 1:00 am http://managersofwealth.com/article/98543/the-relationship-between-health-and-wealth-is-complicated-and-the-debate-tends-to-get-political-quickly Dr Mel Wood, a junior doctor currently working in child and adolescent psychiatry, looks at poverty’s effects on health as huge economic pressure bears down on the nation Health & Wellness