Managers of Wealth http://managersofwealth.com/ Thu, 20 Jun 2019 08:33:06 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP How far will your money go? – Coutts Luxury Price Index Ana Hall Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68781/how-far-will-your-money-go-ampndash-coutts-luxury-price-index Savings accounts can have a place in your financial planning as well of course, with benefits including instant access and relative security. Wealth and Asset Management Insurer sees much room for growth in insurance across Asia News Aggregation Team Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68786/insurer-sees-much-room-for-growth-in-insurance-across-asia Andrew Byrne, Chairman and CEO of Aegon Asia, talks about firm's brands in various countries across Asia and growth potential in China and across the region Wealth and Asset Management HSBC Private Banking issues market outlook for Q3 2019 News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68740/hsbc-private-banking-issues-market-outlook-for-q3-2019 Bank sees many investment opportunities despite complex landscape Wealth and Asset Management Millionaires support proposed tax on large wealth: Tax Strategy Scan News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68748/millionaires-support-proposed-tax-on-large-wealth-tax-strategy-scan The survey polled 750 people with investible assets of at least $1 million; 261 Republicans, 261 independents and 218 Democrats. Wealth and Asset Management 4 critical steps to retirement planning: J.P. Morgan Asset Management News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68755/4-critical-steps-to-retirement-planning-jp-morgan-asset-management People get spooked when they see their portfolios drop and those already living off their retirement savings are even more jittery than young people, Anne Lester, head of retirement solutions at J.P. Morgan Asset Management, told Yahoo Finance’s On Wealth and Asset Management Boris, Brexit and Bitcoin News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68757/boris-brexit-and-bitcoin Bitcoin recently hit a year-long high, and is currently showing stability above the $9000 mark, while sister currency Litecoin has also been soaring. Wealth and Asset Management Ex-Julius Baer banker opens Monaco wealth management firm for billionaires News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68765/ex-julius-baer-banker-opens-monaco-wealth-management-firm-for-billionaires The business will offer family office and investment advisory services as well as engage in club deals. Wealth and Asset Management Credit Suisse responds to platform sale rumours News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68770/credit-suisse-responds-to-platform-sale-rumours In October 2018, InvestLab announced a partnership with Zurich-based fundinfo to collect and centralise data from asset managers. Wealth and Asset Management IFA community to rise 18 percent globally in next three years: EY Global Report News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68771/ifa-community-to-rise-18-percent-globally-in-next-three-years-ey-global-report The survey indicated that many major wealth management firms had introduced new independent channels or were considering creating a new independent distribution channel to stem the tide of their financial advisors going independent. Wealth and Asset Management UBS loses China bond mandate as ‘pig’ row fallout grows News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68694/ubs-loses-china-bond-mandate-as-amplsquopigamprsquo-row-fallout-grows One of country’s largest SOEs shuts Swiss bank out of advising on big bond deal Wealth and Asset Management Brown Shipley manager resigns after fund shutdown News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68756/brown-shipley-manager-resigns-after-fund-shutdown Robert Van Kleeck has resigned as manager of the firm's sterling bond fund after the mandate was closed to new investors in anticipation of 'large redemptions' Executive Moves Marlborough hires Russell wealth boss to head development News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68754/marlborough-hires-russell-wealth-boss-to-head-development The Marlborough Group has appointed Nick French from Russell Investments where he was managing director and head of UK wealth management. Executive Moves Promotions in Ogier's private wealth and corporate teams Ana Hall Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68761/promotions-in-ogieramp039s-private-wealth-and-corporate-teams Her previous experience at City firms means that she understands both the onshore and offshore elements of the transactions Executive Moves TwinFocus appoints director of Wealth Planning News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68767/twinfocus-appoints-director-of-wealth-planning He will draw from this experience to help advance the firm's modern approach to integrating all facets of wealth management solutions Executive Moves J.P. Morgan Asset Management CEO to retire News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68774/jp-morgan-asset-management-ceo-to-retire A company spokeswoman confirmed Tuesday evening that Mr. Willcox would continue to run the business until the transition of responsibilities to Mr. Gatch at the end of the year. Executive Moves Kathryn Collings Joins Focus Partner Firm The Colony Group Mitzi Limlengco Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68776/kathryn-collings-joins-focus-partner-firm-the-colony-group Collings has joined Colony as a Senior Wealth Advisor Executive Moves Credit Suisse Poaches UBS Ultra-Rich Team News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68706/credit-suisse-poaches-ubs-ultra-rich-team The super-rich segment is key to both Credit Suisse and UBS' wealth management efforts. Executive Moves Schroders strengthens UK institutional team News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68699/schroders-strengthens-uk-institutional-team She will focus on working in partnership with Schroders' institutional clients Executive Moves Ex-Brewin man to head Charles Stanley Glasgow office News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68700/ex-brewin-man-to-head-charles-stanley-glasgow-office Wealth manager is looking to recruit more financial planners and investment managers for new location Executive Moves Ex-Julius Baer Banker Resurfaces at Pictet News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68702/ex-julius-baer-banker-resurfaces-at-pictet Habibian is the latest in roughly three dozen bankers to join Pictet from Julius Baer globally under new wealth management co-head Boris Collardi. Executive Moves Parliament agrees to align with OECD tax transparency rules News Aggregation Team Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68778/parliament-agrees-to-align-with-oecd-tax-transparency-rules The government had tried since 2005 to convince parliament to adapt Swiss law, while in 2015 the OECD said it considered Swiss attempts to tighten rules on bearer shares insufficient. Legal,Regulation,Tax & Compliance Carey Olsen Shortlisted For International Award News Aggregation Team Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68779/carey-olsen-shortlisted-for-international-award Carey Olsen is one of five finalists for the International Legal Team of the Year [midsize firm] category. Legal,Regulation,Tax & Compliance Jersey Finance Comments on Commitment to Move Towards Public Registers of Beneficial Ownership Mitzi Limlengco Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68783/jersey-finance-comments-on-commitment-to-move-towards-public-registers-of-beneficial-ownership As an industry, we are now looking ahead to working together with government and other partners to move forward Legal,Regulation,Tax & Compliance Grand Theft Europe News Aggregation Team Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68784/grand-theft-europe Fraudsters are every year robbing Europe’s citizens of 50 billion euros in tax money. A Europe-wide investigation by 63 journalists from 30 countries, coordinated by CORRECTIV. Legal,Regulation,Tax & Compliance FCA warns wealth managers to expect scrutiny News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68749/fca-warns-wealth-managers-to-expect-scrutiny City regulator has concerns over fee disclosures and potential scams Legal,Regulation,Tax & Compliance AIA Singapore's wealth managers to get training, certification meant for private bankers News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68759/aia-singaporeamp039s-wealth-managers-to-get-training-certification-meant-for-private-bankers IBF Standards have three levels, with Level 1 described as "basic understanding of key concepts and ability to apply skill to routine tasks", according to IBF Singapore's webpage. Legal,Regulation,Tax & Compliance Official statement from the governments of Guernsey, Jersey and Isle of Man on beneficial ownership registers Ana Hall Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68760/official-statement-from-the-governments-of-guernsey-jersey-and-isle-of-man-on-beneficial-ownership-registers The commitment announced today will increase further transparency and accessibility whilst maintaining high standards of accurate, up-to-date, verified information. Legal,Regulation,Tax & Compliance New guidance needed to improve anti-money laundering regime News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68764/new-guidance-needed-to-improve-anti-money-laundering-regime Banks and other businesses use suspicious activity reports (SARs) to report cases of suspected money laundering and terrorism financing, to the United Kingdom Financial Intelligence Unit. Legal,Regulation,Tax & Compliance European Commission guidelines on reporting climate-related information News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68766/european-commission-guidelines-on-reporting-climate-related-information Sustainable finance: Commission publishes guidelines to improve how firms report climate-related information and welcomes three new important reports on climate finance by leading experts Legal,Regulation,Tax & Compliance UK dependencies to reveal company ownership amid tax haven crackdown News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68777/uk-dependencies-to-reveal-company-ownership-amid-tax-haven-crackdown Jersey, Guernsey and the Isle of Man said in a joint statement they would bring forward legislation for public access to a central register within 12 months of an EU anti-money-laundering review which is due in January 2022. Legal,Regulation,Tax & Compliance Wealth Dynamix named winners at the UK Private Banker International Awards Mitzi Limlengco Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68782/wealth-dynamix-named-winners-at-the-uk-private-banker-international-awards The judges were impressed by the WDX1 Client Lifecycle Management solution and its 3 modules FinTech What is Your Family Office Doing to Protect Itself From Security Threats? News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68775/what-is-your-family-office-doing-to-protect-itself-from-security-threats Single-family offices—as the name suggests— support one family and generally grow out of a family business while multi-family offices will manage the affairs of various families. FinTech Avaloq Community Conference 2019: Future proofing financial institutions Ana Hall Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68708/avaloq-community-conference-2019-future-proofing-financial-institutions The Avaloq Community Conference 2019 will bring together movers and shakers from the international Avaloq Community FinTech Two fintech firms providing tools for uber wealthy clients News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68710/two-fintech-firms-providing-tools-for-uber-wealthy-clients Tech required by UHNW investors is more sophisticated FinTech Intertrust acquires technology firm Ana Hall Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68711/intertrust-acquires-technology-firm Viteos is a tech-enabled alternative funds industry leader providing end-to-end middle and back office administration for top tier hedge funds, private equity, real estate, private debt and other alternative asset managers. FinTech Dutch banking giant goes live with Temenos’ WealthSuite Mitzi Limlengco Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68712/dutch-banking-giant-goes-live-with-temenosamprsquo-wealthsuite The bank recently selected the Temenos Continuous Deployment product to speed up its software delivery and rapidly launch new innovations. FinTech What is Libra? All you need to know about Facebook's new cryptocurrency News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68735/what-is-libra-all-you-need-to-know-about-facebookamp039s-new-cryptocurrency Facebook claims it wants to reach people without access to a bank account, and that Libra is the best way FinTech The future of women at work: Transitions in the age of automation News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68662/the-future-of-women-at-work-transitions-in-the-age-of-automation Between 40 million and 160 million women globally may need to transition between occupations by 2030, often into higher-skilled roles. FinTech Betting on the stars: what value can investors find in space? Ana Hall Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68692/betting-on-the-stars-what-value-can-investors-find-in-space The new space race, however, is fuelled by both commercial gain and entrepreneurial vision and it’s not just billionaires such as Elon Musk or Jeff Bezos who are getting in on the act. FinTech Pershing Deepens Technology Consulting Capabilities Kris Borres Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68638/pershing-deepens-technology-consulting-capabilities Pershing's advisory assets reached $665 billion at the end of the first quarter of 2019, marking eight percent year-over-year growth. FinTech Why and How Family Ofces Need to Manage Their Digital Reputation News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68773/why-and-how-family-ofces-need-to-manage-their-digital-reputation A family ofce’s reputation and brand awareness could also have an impact on deal negotiations, talent acquisition and long-term performance, according to Ernst & Young’s Family Ofce Guide. Family Office Rich Families Are Having Awkward Conversations About Governance News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68626/rich-families-are-having-awkward-conversations-about-governance There are a lot of touchy subjects to bring up when you want to preserve wealth over generations. Family Office FOX Report Reveals Increased Allocation to Private Investments Kris Borres Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68636/fox-report-reveals-increased-allocation-to-private-investments Although the average overall portfolio return was essentially zero (-0.2%), family offices were surprisingly satisfied with the results. Family Office French Family Office Invests $5 Million In Twiga Foods News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68641/french-family-office-invests-5-million-in-twiga-foods Twiga operates collection centers across Kenya, as well as a central pack house with cold storage facilities. Family Office Why are high net worth investors turning to fund structures? Ana Hall Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68598/why-are-high-net-worth-investors-turning-to-fund-structures Typically funds are set up in Cayman, Jersey, Guernsey, Luxembourg or Dublin, although US resident investors may invest in US structures. Family Office The Trends We're Seeing In My Family As We Celebrate European Excellence News Aggregation Team Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68607/the-trends-weamp039re-seeing-in-my-family-as-we-celebrate-european-excellence Family-owned businesses are critical to European and global economies, both in absolute terms and as part of the effort to drive European economies going forward. Family Office Rockefeller Global Family Office Expands Mitzi Limlengco Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68615/rockefeller-global-family-office-expands Nathan Crair will join the Rockefeller Global Family Office as a Managing Director, with responsibility for recruiting and managing Private Wealth Advisors in the region. Family Office ‘Sexy Access’ Lures Younger Bankers to Family Office Jobs News Aggregation Team Wednesday, June 12, 2019 1:00 am http://managersofwealth.com/article/68565/amplsquosexy-accessamprsquo-lures-younger-bankers-to-family-office-jobs Recruiters say banking hotshots aren’t always the right fit for the sometimes unusual job of working directly for the world’s richest people. Family Office Multi-family office hires from Bank of Singapore News Aggregation Team Wednesday, June 12, 2019 1:00 am http://managersofwealth.com/article/68579/multi-family-office-hires-from-bank-of-singapore He was previously executive director and team head at the Bank of Singapore, the private banking arm of OCBC Bank. Family Office Guernsey enhances its offer in the family office space Mitzi Limlengco Wednesday, June 12, 2019 1:00 am http://managersofwealth.com/article/68580/guernsey-enhances-its-offer-in-the-family-office-space A Private Trust Company acts as a trustee to a specific trust or group of connected trusts, often for one family. Family Office Mercedes-Benz has unveiled a line of trendy accessories for dogs News Aggregation Team Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68785/mercedes-benz-has-unveiled-a-line-of-trendy-accessories-for-dogs The pillows showcase a soft and dimensionally stable polyurethane filling and a washable cover made of grey polyester and come in all sizes ranging from small, medium and large. Luxury Red Lion Hotels launches AI virtual agent for central reservations News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68741/red-lion-hotels-launches-ai-virtual-agent-for-central-reservations “The results of our pilot have been very positive,” said RLH Corporation Director of Telephony Optimization & Analytics, April Weatherly. Luxury Listings For Private Islands Are Showing Up In Unexpected Places News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68772/listings-for-private-islands-are-showing-up-in-unexpected-places A simple keyword search of “island” on real estate websites will show private islands for sale. Luxury $6 million can get you James Bond’s Aston Martin DB5, features include – An ejector seat, hidden machine guns, tyre slashers and more News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68698/6-million-can-get-you-james-bondamprsquos-aston-martin-db5-features-include-ampndash-an-ejector-seat-hidden-machine-guns-tyre-slashers-and-more The James Bond 007 Aston Martin DB5 is one of three surviving examples commissioned in period by Eon Productions, the company behind Goldfinger and the next film Thunderball, and is fitted with MI6 Q Branch designed thirteen gadgets. Luxury Eight Of The World's Most Magnificent Private Estates News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68665/eight-of-the-worldamp039s-most-magnificent-private-estates Perfect for marking momentous occasions, these eight ultra-luxury estates can sleep up to 38 guests. Luxury Cannabis Oil Now Available in Harrods of London News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68667/cannabis-oil-now-available-in-harrods-of-london Dragonfly Biosciences supplies three of its CBD oil products to the famous London store. Luxury Cool Climate Wines: The Best of Northern Hemisphere Vineyards News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68669/cool-climate-wines-the-best-of-northern-hemisphere-vineyards From the bottling line to the auction house, these cool climate wines are flourishing in their challenging environments Luxury Here's Rolls Royce's Secret To Building Limited Edition Cars News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68672/hereamp039s-rolls-royceamp039s-secret-to-building-limited-edition-cars It’s not easy making a Rolls-Royce more special than already is. Luxury Motor racing-Aston Martin to race Valkyrie hypercar at Le Mans in 2021 News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68673/motor-racing-aston-martin-to-race-valkyrie-hypercar-at-le-mans-in-2021 The 2021 Le Mans will also be the 100th anniversary of Aston's first entry at the Circuit de la Sarthe. Luxury How to attend Royal Ascot in style: from luxury hotels to personal shoppers and helicopter arrivals News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68676/how-to-attend-royal-ascot-in-style-from-luxury-hotels-to-personal-shoppers-and-helicopter-arrivals Entry itself is not particularly expensive, but it’s the crowd in which you mingle that cements your annual ranking on the totem pole. Luxury Less than 1% of the world's billionaires donate to housing and shelter charities. News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68753/less-than-1-of-the-worldamp039s-billionaires-donate-to-housing-and-shelter-charities Education and the arts are among billionaires' favorite causes to donate to, Wealth-X reports. Extremely Wealthy Going, going, gone: Sotheby's auction house sold for $3.7bn Mitzi Limlengco Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68728/going-going-gone-sothebyamp039s-auction-house-sold-for-37bn The offer price represents a premium of 61% to Sotheby’s closing price on June 14, 2019 Extremely Wealthy Hong Kong rich start moving assets offshore as fears rise News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68733/hong-kong-rich-start-moving-assets-offshore-as-fears-rise "The fear is that the bar is coming right down on Beijing's ability to get your assets in Hong Kong. Singapore is the favored destination." Extremely Wealthy An entrepreneur who interviewed 21 billionaires says the key difference between them and millionaires is how they answer a simple question about money News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68677/an-entrepreneur-who-interviewed-21-billionaires-says-the-key-difference-between-them-and-millionaires-is-how-they-answer-a-simple-question-about-money Billionaires are different from millionaires in that they enjoy making money more than they enjoy spending it, according to Rafael Badziag in his book "The Billion Dollar Secret." Extremely Wealthy Donald Trump’s net worth rises to $3 billion News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68620/donald-trumpamprsquos-net-worth-rises-to-3-billion The increase in Trump’s wealth reverses two years of declines Extremely Wealthy The quiet (and laudable) insurgency building among the world's mega-wealthy millennials News Aggregation Team Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68590/the-quiet-and-laudable-insurgency-building-among-the-worldamp039s-mega-wealthy-millennials Young heirs helping tilt family investments toward impact investing, thanks to an under-the-radar course at Harvard Extremely Wealthy How the ultra-rich battle for the season's best seats, from Wimbledon to The Proms News Aggregation Team Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68602/how-the-ultra-rich-battle-for-the-seasonamp039s-best-seats-from-wimbledon-to-the-proms This turbo set won’t Instagram anything less than the most sought-after tickets or seats, whether that means shelling out for exclusive access to the pit lanes at The British Grand Prix or £3m on a private box at the Royal Albert Hall. Extremely Wealthy Millionaire’s Plan to Cut Danish Taxes Lies in Tatters News Aggregation Team Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68606/millionaireamprsquos-plan-to-cut-danish-taxes-lies-in-tatters The swing to a government pledging more taxation, not less, adds fuel to the debate about democratic socialism versus unfettered capitalism Extremely Wealthy Quora answers – How did Richard Branson become so successful? News Aggregation Team Tuesday, June 11, 2019 1:00 am http://managersofwealth.com/article/68535/quora-answers-ampndash-how-did-richard-branson-become-so-successful The best part: he never compromises Virgin Group’s customer-centric focus. Branson makes his business an extension of himself and it’s working like a charm. Extremely Wealthy The World’s Wealthiest Are Dumping Cash Into Zero-Profit Businesses News Aggregation Team Monday, June 10, 2019 1:00 am http://managersofwealth.com/article/68500/the-worldamprsquos-wealthiest-are-dumping-cash-into-zero-profit-businesses Turns out the top percentile of earners across the globe are not only holding too much cash but also making terrible investments including buying shares of companies losing billions of dollars every year; bonds from little-known backwater countries or thr Extremely Wealthy The pound and UK assets could fall further on PM candidates’ lack of clarity Ana Hall Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68747/the-pound-and-uk-assets-could-fall-further-on-pm-candidatesamprsquo-lack-of-clarity The deVere CEO concludes: “The lack of real answers from the candidates on the most pressing issue for a generation will inevitably impact the pound and UK assets. Comment & Analysis Here is how philanthropy could transform the African continent News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68758/here-is-how-philanthropy-could-transform-the-african-continent Our centers create a platform to share ideas and work together to understand the role of African philanthropy. Comment & Analysis ‘Don’t trust back tests’, says GAM Systematic co-head News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68701/amplsquodonamprsquot-trust-back-testsamprsquo-says-gam-systematic-co-head The simpler that you keep your model or your machine learning the more believable it is that you have found something repeatable. Comment & Analysis Schroders names Switzerland as most sustainable market News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68703/schroders-names-switzerland-as-most-sustainable-market The firm analysed 9,000 companies and found that Swiss firms were delivering the most positive social benefits Comment & Analysis Shadow Banking's Rapid Growth in Switzerland News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68704/shadow-bankingamp039s-rapid-growth-in-switzerland Private debt is another expression for corporate financing organized outside the traditional bond and banking markets Comment & Analysis The war on wealth: how the left is winning the battle of ideas News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68736/the-war-on-wealth-how-the-left-is-winning-the-battle-of-ideas The gap between the ultra-wealthy and everyone else has never been greater – so what, if anything should we do about it? A growing number of commentators have some bold ideas. Arun Kakar reports Comment & Analysis Finance by all, for all by Mark Carney News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68664/finance-by-all-for-all-by-mark-carney Given at Women in Banking and Finance 22nd Annual Awards, London Comment & Analysis Decoding da Vinci News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68668/decoding-da-vinci As this year marks the quincentenary of Leonardo’s death, many of us will ponder on, or perhaps attempt to enter, the inner sanctum of the perplexing polymath’s mind. Comment & Analysis Can today’s ultra-rich make peace with a wealth tax? News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68679/can-todayamprsquos-ultra-rich-make-peace-with-a-wealth-tax Wealth taxes may not be as punitive as feared and might even encourage the entrepreneurial Comment & Analysis A wrecking ball and a dearth of ideas by Tim Price Tim Price Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68681/a-wrecking-ball-and-a-dearth-of-ideas-by-tim-price Given the nature of the output of British literary circles Comment & Analysis Why does Singapore’s $235 billion investment giant care about sustainability? News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68742/why-does-singaporeamprsquos-235-billion-investment-giant-care-about-sustainability It may come as a surprise that Temasek, a Singapore government-owned investment company, has invested so much time, money and energy in sustainability. Alternative Investments Stocks Gain on Trade, Stimulus Optimism; JGBs Rise: Markets Wrap News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68751/stocks-gain-on-trade-stimulus-optimism-jgbs-rise-markets-wrap Next up is the Federal Reserve, which is widely expected to strike a more dovish tone when it concludes a two-day meeting Wednesday. Alternative Investments Comment: The case for investing in eco-properties News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68632/comment-the-case-for-investing-in-eco-properties This is good news for investors looking for a robust way to gain a return on investment. Alternative Investments Rock-star fund manager Woodford gets booed off stage News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68643/rock-star-fund-manager-woodford-gets-booed-off-stage His background could hardly be described as privileged. Raised in Berkshire, where he attended Maidenhead Grammar, his father earned a living printing postcards. Alternative Investments SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index News Aggregation Team Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68623/ssampampc-globeop-hedge-fund-performance-index-and-capital-movement-index SS&C GlobeOp Hedge Fund Performance Index: May performance -0.92%; Capital Movement Index: June net flows advance 0.19% Alternative Investments Citco Launches Suite of Services Focused on Institutional Investors Ana Hall Tuesday, June 11, 2019 1:00 am http://managersofwealth.com/article/68538/citco-launches-suite-of-services-focused-on-institutional-investors We are thrilled to have such an experienced talent as Nick to drive the build-out of this offering. Alternative Investments Investors still have confidence in China’s economy News Aggregation Team Monday, June 10, 2019 1:00 am http://managersofwealth.com/article/68496/investors-still-have-confidence-in-chinaamprsquos-economy An op-ed from China Daily arguing that the trade war has not dampened the country’s economic prospect. Alternative Investments Envestnet’s latest trick? Offering annuities News Aggregation Team Wednesday, June 05, 2019 1:00 am http://managersofwealth.com/article/68381/envestnetamprsquos-latest-trick-offering-annuities “This bridge from advisory platforms to insurance carriers supports the entire advice lifecycle from accumulation to decumulation,” MacKinnon says. Alternative Investments Blackstone to Buy U.S. Logistics Assets from GLP for $18.7 Billion Kris Borres Monday, June 03, 2019 1:00 am http://managersofwealth.com/article/68315/blackstone-to-buy-us-logistics-assets-from-glp-for-187-billion Deal will be the largest-ever private real estate transaction globally Alternative Investments “News Tavistock Investments Ends Lighthouse Alliance Amid Quilter Takeover News Aggregation Team Friday, May 31, 2019 1:00 am http://managersofwealth.com/article/68287/ampldquonews-tavistock-investments-ends-lighthouse-alliance-amid-quilter-takeover Tavistock Investments PLC said Thursday it had terminated its strategic. Alternative Investments And gone – Sotheby’s auction house is sold for $3.7 billion News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68744/and-gone-ampndash-sothebyamprsquos-auction-house-is-sold-for-37-billion The renowned auctioneer has transformed the monotonous auction market and added a much-required glam quotient to it. Extremely Expensive Van Gogh’s suicidal revolver to go under the hammer for $67,000 News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68746/van-goghamprsquos-suicidal-revolver-to-go-under-the-hammer-for-67000 The revolver was last seen at a Van Gogh exhibit in Amsterdam after scientific tests proved that the gun was indeed discharged in 1890 before laying exposed to elements. Extremely Expensive A jersey worn by the New York Yankees legend Babe Ruth sells for a record $5.64 million News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68697/a-jersey-worn-by-the-new-york-yankees-legend-babe-ruth-sells-for-a-record-564-million It also happens to be one of 400 pieces of Ruth memorabilia supplied by his family and private collectors and put up for sale at the Yankee Stadium. Extremely Expensive This $12 million, 360-degree infinity pool will sit atop a 55-story building in London—take a look News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68674/this-12-million-360-degree-infinity-pool-will-sit-atop-a-55-story-building-in-londonampmdashtake-a-look The pool will also have a see-through bottom. Extremely Expensive Bentley's 2020 Flying Spur is a luxury weapon News Aggregation Team Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68612/bentleyamp039s-2020-flying-spur-is-a-luxury-weapon Bentley has pulled the wraps from its third generation Flying Spur, its first all-wheel-steering model. Extremely Expensive This is the most expensive restaurant interior in the world (Fit-out cost is $7.7 million) News Aggregation Team Wednesday, June 12, 2019 1:00 am http://managersofwealth.com/article/68558/this-is-the-most-expensive-restaurant-interior-in-the-world-fit-out-cost-is-77-million The entire room is further be lit with exclusive Lalique lights that shimmer upon the antiques around it to create a luminescence of sorts. Extremely Expensive A £1m Dubai dream home buys backdoor EU entry News Aggregation Team Wednesday, June 12, 2019 1:00 am http://managersofwealth.com/article/68574/a-amppound1m-dubai-dream-home-buys-backdoor-eu-entry Buyers who spend at least 5 million dirhams (£1 million) on the Dubai property will have the €100,000 minimum investment and €35,000 fees required to obtain citizenship of the eastern European nation of Moldova paid for them by Kleindienst Extremely Expensive £10m? Find me a £20m house and I’ll buy it News Aggregation Team Tuesday, June 11, 2019 1:00 am http://managersofwealth.com/article/68540/amppound10m-find-me-a-amppound20m-house-and-iamprsquoll-buy-it International investors have been taking advantage of the cheap pound and the sluggish property market since the vote. Extremely Expensive The iconic Sopranos house is on sale for $3.4 million News Aggregation Team Friday, June 07, 2019 1:00 am http://managersofwealth.com/article/68437/the-iconic-sopranos-house-is-on-sale-for-34-million It boasts four bedrooms, 4.5 bathrooms, two two-car garages and separate guest house – all complete with a fitting décor and a range of amenities. Extremely Expensive More expensive than a Lamborghini this rotating bed will put you to sleep like a baby News Aggregation Team Friday, June 07, 2019 1:00 am http://managersofwealth.com/article/68491/more-expensive-than-a-lamborghini-this-rotating-bed-will-put-you-to-sleep-like-a-baby The Three Sixty utilizes turntable technology to rotate 360 degrees using an app that users can operate per their liking. Extremely Expensive Johnnie Walker pays an ode to Game of Thrones again with Fire and Ice whiskies News Aggregation Team Thursday, June 20, 2019 1:00 am http://managersofwealth.com/article/68780/johnnie-walker-pays-an-ode-to-game-of-thrones-again-with-fire-and-ice-whiskies The former, inspired by the Direwolves used as the sigil for the House of Stark commands rich flavors with a ‘crisp, clean taste’ and notes of ‘vanilla and tropical fruit’ while the latter inspired by the dragons commanded by Daene Research Will banks ever learn? by Marten Nelson Kris Borres Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68762/will-banks-ever-learn-by-marten-nelson Banks must realize who their real competitors are and form new alliances to address these new threats. Research HNWIs want personalised services enhanced by technology, says new report Andro Bautista Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68723/hnwis-want-personalised-services-enhanced-by-technology-says-new-report Both HNWIs and mass-affluent investors want to enhance their relationships with wealth managers through more personalized services Research Calastone study reveals returns and fees are the investment priorities for millennials not ethical investing Kris Borres Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68727/calastone-study-reveals-returns-and-fees-are-the-investment-priorities-for-millennials-not-ethical-investing Long term returns and fees came out on top, with 53% of millennials rating them as their key consideration when choosing investment funds. Research Nearly Half of Investment Professionals Expect Their Roles to Substantially Change within the Next Decade Ana Hall Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68686/nearly-half-of-investment-professionals-expect-their-roles-to-substantially-change-within-the-next-decade CFA Institute Report Identifies Skills Needed for Career Success against Backdrop of Disruption Research Helping Women Overcome Society’s Outdated Messages on Money News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68688/helping-women-overcome-societyamprsquos-outdated-messages-on-money Men, Ms. Krawcheck said, are conditioned early on to be more aggressive investors, often receiving financial advice geared toward beating the markets and generating immense wealth on Wall Street. Research How A Montblanc Pen Can Help You Reconnect With The Entire Planet News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68656/how-a-montblanc-pen-can-help-you-reconnect-with-the-entire-planet “With this StarWalker campaign, Montblanc is giving people a taste of the emotion astronauts experience as they look at the Earth from space and feel that unexpected longing for home.” Research 25 Ways to Live Longer News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68654/25-ways-to-live-longer No one has found the fountain of youth—yet—but there are certainly steps you can take to fend off disease and increase your longevity. Research UK wealthy changing advice firms to get more ‘attention’ News Aggregation Team Wednesday, June 12, 2019 1:00 am http://managersofwealth.com/article/68578/uk-wealthy-changing-advice-firms-to-get-more-amplsquoattentionamprsquo Clients feel alienated as wealth managers forget ‘how much they value a personalised approach’ Research Whisky tops the Knight Frank Luxury Investment Index Mitzi Limlengco Tuesday, June 11, 2019 1:00 am http://managersofwealth.com/article/68539/whisky-tops-the-knight-frank-luxury-investment-index The data providers for the Knight Frank Luxury Investment Index share their thoughts on the past and future performance of some of the most popular asset classes in the index. Research Suite of the Week: The splendid One Bedroom Villa at the Four Seasons Resort Bali at Sayan News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68745/suite-of-the-week-the-splendid-one-bedroom-villa-at-the-four-seasons-resort-bali-at-sayan Dipped in nature and its surroundings, the One Bedroom Villa at the Four Seasons Resort Bali at Sayan is undoubtedly my most preferred choice. Executive Travel Lufthansa outlines 'business class plus' plans for Boeing 777X News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68768/lufthansa-outlines-amp039business-class-plusamp039-plans-for-boeing-777x This is a distinctly different approach to that unveiled by rival Emirates this month Executive Travel Virgin Atlantic Airbus A330neos to get new business class seats, bar News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68769/virgin-atlantic-airbus-a330neos-to-get-new-business-class-seats-bar The A330neo jets will also need a different version of 'The Loft' created for Virgin's A350, which swaps the airline's iconic bar for a five-seater lounge space. Executive Travel This private aviation company will let you pay as you go -- and its client base is as impressive as its business model News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68738/this-private-aviation-company-will-let-you-pay-as-you-go-and-its-client-base-is-as-impressive-as-its-business-model First, let’s backtrack — if you're unfamiliar with how the world of private aviation works, you’re not alone. Executive Travel THIS is how to get a First Class or Business Class seat upgrade News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68675/this-is-how-to-get-a-first-class-or-business-class-seat-upgrade Across the board, airlines will not just dish out upgrades, no matter what you wear, what you say, or how nice you are,” Kelvin told Express.co.uk. Executive Travel Navigating Turbulent Skies: Business Jets and Trade Wars Mitzi Limlengco Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68683/navigating-turbulent-skies-business-jets-and-trade-wars A good example is in the high profile case of the Trump Administration threatening to impose duties of 292% on C Series aircraft manufactured by Bombardier Executive Travel Emirates Introduces Unbundled Business Class Fares News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68624/emirates-introduces-unbundled-business-class-fares The main change is that passengers booking “Special” fares will not have access to lounges, a feature typically associated with traveling in business class. Executive Travel For $50 million you can now holiday on the International Space Station News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68634/for-50-million-you-can-now-holiday-on-the-international-space-station Nasa has also confirmed on its plans by stating that would be “opening the International Space Station for commercial business”, which means that private companies will now be able to offer tours to the site for a maximum of up to 30 days. Executive Travel How Mandarin Oriental’s Jill Kluge is Changing Luxury Travel News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68652/how-mandarin-orientalamprsquos-jill-kluge-is-changing-luxury-travel The hotel company’s first female board member talks to Worth about growth, brand recognition and how to build a better hotel experience for women. Executive Travel Eurostar introduces third direct daily service from London to the Netherlands News Aggregation Team Wednesday, June 12, 2019 1:00 am http://managersofwealth.com/article/68569/eurostar-introduces-third-direct-daily-service-from-london-to-the-netherlands The third daily service will increase capacity on the route to the equivalent of 12 flights per day Executive Travel ICBC London Branch secures US$400 million green loan News Aggregation Team Wednesday, June 19, 2019 1:00 am http://managersofwealth.com/article/68743/icbc-london-branch-secures-us400-million-green-loan The dual currency term loan facility in US dollars and British pounds marks the first-ever green loan principles compliant loan facility for a Chinese bank ESG CFTC to assess climate change risk and possible mitigation steps News Aggregation Team Tuesday, June 18, 2019 1:00 am http://managersofwealth.com/article/68737/cftc-to-assess-climate-change-risk-and-possible-mitigation-steps Mr. Behnam noted that market regulators in other countries, some of whom were represented at the risk committee meeting, are taking steps to assess and mitigate climate change financial risks ESG Fresh air thinking: using electric vehicles to improve air quality News Aggregation Team Monday, June 17, 2019 1:00 am http://managersofwealth.com/article/68663/fresh-air-thinking-using-electric-vehicles-to-improve-air-quality In the capital, around half of emissions of nitrogen oxides and particulate matter come from transport. ESG Fixed Income is Redefining Sustainable Investing News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68627/fixed-income-is-redefining-sustainable-investing Despite this tremendous growth, we believe it is still early days, in particular for ESG investing via fixed income. ESG ESG groups try to thin a thicket of sustainability metrics News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68637/esg-groups-try-to-thin-a-thicket-of-sustainability-metrics As Americans demand ‘inclusive’ capitalism, companies say they are drowning in surveys ESG Drastic shift in city lifestyles urged to avert climate crisis News Aggregation Team Friday, June 14, 2019 1:00 am http://managersofwealth.com/article/68640/drastic-shift-in-city-lifestyles-urged-to-avert-climate-crisis Cities need to at least halve their emissions by 2030, urbanites need to cut their meat consumption and fast-fashion has to be ditched to have a chance of keeping global warming to 1.5°C. ESG Porn Is Worse Than Pollution in Ethical Investing Portfolios News Aggregation Team Thursday, June 13, 2019 1:00 am http://managersofwealth.com/article/68614/porn-is-worse-than-pollution-in-ethical-investing-portfolios This is not the first time analysts have flagged shortcomings in ESG selection. ESG Ethical investment needs more transparency News Aggregation Team Tuesday, June 11, 2019 1:00 am http://managersofwealth.com/article/68543/ethical-investment-needs-more-transparency Investors looking for moral options depend on accurate information ESG Sustainability Means Business News Aggregation Team Tuesday, June 11, 2019 1:00 am http://managersofwealth.com/article/68552/sustainability-means-business EIU Consulting is a bespoke service designed to provide solutions specific to our customers’ needs ESG This is why biodiversity is so crucial to protecting our planet News Aggregation Team Monday, June 10, 2019 1:00 am http://managersofwealth.com/article/68522/this-is-why-biodiversity-is-so-crucial-to-protecting-our-planet There are multiple hypotheses for what lies behind this trend, but the pattern is clear: species richness increases from the poles to the equator. ESG