Managers of Wealth http://managersofwealth.com/ Tue, 21 Aug 2018 12:30:35 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Wealth managers take wait-and-see approach to tariffs News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61658/wealth-managers-take-wait-and-see-approach-to-tariffs A recession seems at least a year away, but a full-blown trade war could bring one sooner Wealth and Asset Management Unprecedented market changes can be a ‘fantastic opportunity’ News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61659/unprecedented-market-changes-can-be-a-amplsquofantastic-opportunityamprsquo Despite increased competition,the affluent and private banking market in Asia keeps growing. Wealth and Asset Management Corporate bond, credit risk MFs are debt investors' best bet: Sunil Sharma, Sanctum Wealth Management News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61660/corporate-bond-credit-risk-mfs-are-debt-investorsamp039-best-bet-sunil-sharma-sanctum-wealth-management How do you interpret the BSE Sensex reaching an all-time high, amid narrow market breadth? Wealth and Asset Management Ten asset managers doing time in the dog house News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61662/ten-asset-managers-doing-time-in-the-dog-house The fund groups with the most assets under management in ‘Spot the Dog’ funds Wealth and Asset Management Baillie Gifford mulls multi-asset trust launch as it takes crown from JPMAM News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61663/baillie-gifford-mulls-multi-asset-trust-launch-as-it-takes-crown-from-jpmam Now the largest provider of investment trusts Wealth and Asset Management Old Mutual Wealth calls for IHT nil-rate band rethink in Treasury open letter News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61671/old-mutual-wealth-calls-for-iht-nil-rate-band-rethink-in-treasury-open-letter She says a more simple solution would be to raise the standard nil-rate band and remove the residence nil-rate band. Wealth and Asset Management Merrill team managing $235 million goes indie with Raymond James News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61673/merrill-team-managing-235-million-goes-indie-with-raymond-james Mr. O'Mailia worked at Prudential, Smith Barney and Merrill Lynch over his 40-year career. Wealth and Asset Management EFG’s hire of top banker talent underlines regional ambitions in Asia News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61632/efgamprsquos-hire-of-top-banker-talent-underlines-regional-ambitions-in-asia EFG International in late June announced the hiring of Richard Straus as the new head of its private bank in Hong Kong. Wealth and Asset Management Credit Suisse Sees Asia Wealth Race Shifting From Offshore Hubs News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61633/credit-suisse-sees-asia-wealth-race-shifting-from-offshore-hubs Seeking at least $10 billion of assets in each Asia market Wealth and Asset Management UBS Faces Tough Questions on Wealth Mega-Merger News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61638/ubs-faces-tough-questions-on-wealth-mega-merger The move burnishes the standing of Naratil the Swiss bank's U.S. head who returned to New York in 2016. Wealth and Asset Management SEI Names Lucy Paglione Senior Client Portfolio Manager in Canada News Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61665/sei-names-lucy-paglione-senior-client-portfolio-manager-in-canada Appointment Supports SEI's Strong Growth in Global Markets Executive Moves Fieldpoint Private Continues to Grow its Global Profile News Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61666/fieldpoint-private-continues-to-grow-its-global-profile Nicole Boutmy de Katzmann departs Oppenheimer for boutique upstart Executive Moves KPMG wealth team snaps up risk expert Bill Packman News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61667/kpmg-wealth-team-snaps-up-risk-expert-bill-packman KPMG has subsequently been making a concerted effort to strengthen its growing wealth and asset management division in recent months. Executive Moves Commonwealth Adds Innovative Team News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61669/commonwealth-adds-innovative-team Innovative Financial Solutions manages clients that include faculty and administrators at Indiana University. Executive Moves Tiller adds four to investment team News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61675/tiller-adds-four-to-investment-team The team will report to Tiller Co-Founder and Chief Investment Officer Jonathan Wauton. Executive Moves Sharma starts at HSBC in newly-created position News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61676/sharma-starts-at-hsbc-in-newly-created-position More details have emerged about veteran loans banker Ashish Sharma’s new job at HSBC. Executive Moves T. Rowe Price fills three senior positions News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61644/t-rowe-price-fills-three-senior-positions He succeeds Peter Preisler, who left the company a year ago to pursue other opportunities. Executive Moves Robo taps ex-Schroders senior manager in hiring spree News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61650/robo-taps-ex-schroders-senior-manager-in-hiring-spree Quantative engineer Dr Glenn Baggley will join as a director. Executive Moves JO Hambro chief executive exits after just 22 months News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61657/jo-hambro-chief-executive-exits-after-just-22-months JO Hambro's Australian parent despatches its CEO to London to act as interim chief Executive Moves Regions Bank names head of Private Wealth Management News Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61608/regions-bank-names-head-of-private-wealth-management Carter-Prall replaces Kate Danella, who was named head of Strategic Planning and Corporate Development at Regions Bank. Executive Moves Appleby's head of Private Clients & Trusts nominated for ‘Trusted Advisor of the Year’ News Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61678/applebyamp039s-head-of-private-clients-ampamp-trusts-nominated-for-amplsquotrusted-advisor-of-the-yearamprsquo There are only five individuals nominated for this prestigious award. Legal,Regulation,Tax & Compliance Sweeping changes to Mauritius Global Business Sector News Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61679/sweeping-changes-to-mauritius-global-business-sector This memo provides an overview of some of the salient changes which may have an impact on our clients’ businesses. Legal,Regulation,Tax & Compliance Goldman Faces Losses on Venezuelan Bond Deal That Drew Criticism News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61645/goldman-faces-losses-on-venezuelan-bond-deal-that-drew-criticism Venezuela bond declines underscore the risk Goldman and its clients took on with an opportunistic investment in a country facing challenges Legal,Regulation,Tax & Compliance Billionaire racehorse owner launches court case against Lloyds Bank subsidiaries News Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61651/billionaire-racehorse-owner-launches-court-case-against-lloyds-bank-subsidiaries Trevor Hemmings’ Manx Capital was among a group that secured a £200m settlement from RBS in 2017 Legal,Regulation,Tax & Compliance Global corporates shifted $616 billion in profits to 11 tax havens News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61655/global-corporates-shifted-616-billion-in-profits-to-11-tax-havens The documents revealed a web of secretive offshore tax regimes Legal,Regulation,Tax & Compliance Malta wealth managers named in Venezuelan graft probe News Aggregation Team Sunday, August 19, 2018 1:00 am http://managersofwealth.com/article/61631/malta-wealth-managers-named-in-venezuelan-graft-probe MaltaToday has learnt that Portmann Capital Management Limited is the Maltese investment firm that is referred to in the Homeland Security Investigations criminal complaint filed in the courts of Miami Legal,Regulation,Tax & Compliance Aristocrat sues France for €351m in row over Monaco throne News Aggregation Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61619/aristocrat-sues-france-for-ampeuro351m-in-row-over-monaco-throne He insists his legal action is not aimed at Monaco’s current ruler, Prince Albert, but the French state. Legal,Regulation,Tax & Compliance English High Court Issues Milestone Judgment in Favour of Quantum Global News Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61623/english-high-court-issues-milestone-judgment-in-favour-of-quantum-global The UK court froze the assets in April after the FSDEA's legal team complained that the money may be being used in an alleged fraudulent conspiracy. Legal,Regulation,Tax & Compliance RBC whistleblower protections under FCA scrutiny News Aggregation Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61628/rbc-whistleblower-protections-under-fca-scrutiny Regulator made aware of at least five further complaints after whistleblowing former employee wins unfair dismissal case Legal,Regulation,Tax & Compliance $24M Thailand Bitcoin Fraud Case Update; Three Banks, Investor and Family on the Hook News Aggregation Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61629/24m-thailand-bitcoin-fraud-case-update-three-banks-investor-and-family-on-the-hook The $24 Million Thailand Fraud Case Entangles A Leading Stock Investor And Bank Employees Legal,Regulation,Tax & Compliance Fiserv Upgrades UMA News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61674/fiserv-upgrades-uma New features include dashboard alerts, flexible reporting views and a single sign-on to all Fiserv tools. FinTech Link Asset Services investment boosts Dublin start-up Leveris News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61677/link-asset-services-investment-boosts-dublin-start-up-leveris The start-up has built a software system for banks to offer retail and lending services online. FinTech Growth in the Machine News Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61654/growth-in-the-machine How financial services can move intelligent automation from a cost play to a growth strategy FinTech Digitising financial services still in early stages News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61656/digitising-financial-services-still-in-early-stages This is important in the sense that acquiring clients has become more challenging and costly as competition increases. FinTech Industrial Bank creates new Hong Kong Private Banking Business with Avaloq Banking Suite News Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61582/industrial-bank-creates-new-hong-kong-private-banking-business-with-avaloq-banking-suite In conjunction with Avaloq’s premium implementation partner Orbium, the Avaloq Banking Suite was implemented in just six months. FinTech Standalone robo-advisers struggling to survive News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61600/standalone-robo-advisers-struggling-to-survive Has the wealth management industry reached peak robo? FinTech Robo, blockchain and predictive analytics – applications in wealth management News Aggregation Team Wednesday, August 15, 2018 1:00 am http://managersofwealth.com/article/61551/robo-blockchain-and-predictive-analytics-ampndash-applications-in-wealth-management FNZ first started in New Zealand in 2004 and is now headquartered in the UK where it is the market leader. FinTech First Direct takes the lead as banks now have to say if their own customers would recommend them News Aggregation Team Wednesday, August 15, 2018 1:00 am http://managersofwealth.com/article/61558/first-direct-takes-the-lead-as-banks-now-have-to-say-if-their-own-customers-would-recommend-them They will also have to send reminders to their customers when they make changes such as closing local branches or hiking charges. FinTech Bitcoin investing is creating tax predicaments for hedge funds News Aggregation Team Tuesday, August 14, 2018 1:00 am http://managersofwealth.com/article/61519/bitcoin-investing-is-creating-tax-predicaments-for-hedge-funds As a result, many funds have tried to minimize their liabilities without really knowing what the rules are. FinTech SS&C: Hedge Funds Return +0.97% In July News Team Tuesday, August 14, 2018 1:00 am http://managersofwealth.com/article/61532/ssampampc-hedge-funds-return-097-in-july The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the SS&C GlobeOp platform. FinTech Schroder Adveq Study Finds US Family Offices Are Missing Key Opportunities in Private Equity News Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61672/schroder-adveq-study-finds-us-family-offices-are-missing-key-opportunities-in-private-equity The potential for a larger universe of buyers at the time of exit as well as the opportunity to better diversify investors’ portfolio of managers are additionally cited as top reasons smaller deals are appealing. Family Office Singapore boutique courts family office capital News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61680/singapore-boutique-courts-family-office-capital The firm had been managing investment funds and segregated accounts for accredited investors as a registered fund management company, according to a statement from the firm. Family Office DJ Van Keuren Announced as a Finalist for The Family Wealth Alliances Best in the Industry Awards News Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61624/dj-van-keuren-announced-as-a-finalist-for-the-family-wealth-alliances-best-in-the-industry-awards "This comes as a major surprise" said DJ Family Office Rich Russians Start Family Offices as Heirs Lie in Wait News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61601/rich-russians-start-family-offices-as-heirs-lie-in-wait Now they face pressure to cede some control as they prepare for a transfer to the next generation and executives running their businesses push them to professionalize the management of their wealth. Family Office Family office commissions Canadian alts AM to manage new fund News Aggregation Team Tuesday, August 14, 2018 1:00 am http://managersofwealth.com/article/61541/family-office-commissions-canadian-alts-am-to-manage-new-fund Timbercreek Investment Management is an alternative investment manager headquartered in Canada Family Office Family Office Networks to launch new association in Washington D.C. News Aggregation Team Monday, August 13, 2018 1:00 am http://managersofwealth.com/article/61513/family-office-networks-to-launch-new-association-in-washington-dc Julio is a prominent and well-respected leader in the family office world Family Office How Family Offices Can Navigate Lender Case Tax Ruling News Aggregation Team Thursday, August 09, 2018 1:00 am http://managersofwealth.com/article/61451/how-family-offices-can-navigate-lender-case-tax-ruling The family office argued in court that it was a business serving the family members as clients rather than a passive investor. Family Office How To Build Your Future Family Office News Aggregation Team Wednesday, August 08, 2018 1:00 am http://managersofwealth.com/article/61411/how-to-build-your-future-family-office The modern family office is said to have been pioneered by John D. Rockefeller in the early 19th century. Family Office Highvern Group Further Extends its Family Office Reach with Senior Industry Hire News Team Tuesday, August 07, 2018 1:00 am http://managersofwealth.com/article/61382/highvern-group-further-extends-its-family-office-reach-with-senior-industry-hire Lucia’s appointment is key to Highvern’s strategic growth in this sector and allows it to continue to meet the increasing demand for high-quality family office services. Family Office How Hedge Funds And PE Funds Are Raising Considerable Assets From Single-Family Offices News Aggregation Team Thursday, August 02, 2018 1:00 am http://managersofwealth.com/article/61265/how-hedge-funds-and-pe-funds-are-raising-considerable-assets-from-single-family-offices Based on extensive research with single-family offices, the majority of them are doing a subpar job of identifying and motivating other professionals to provide vetted introductions. Family Office This Classic Bentley's got va-va-voom News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61641/this-classic-bentleyamp039s-got-va-va-voom A CLASSIC Bentley which was housed in the Glasgow Museum of Transport for 30 years is expected to fetch more than a million pounds at auction next week. Luxury Ritz-Carlton’s new cruise liners are the last word in luxury travel for the ‘1 per centers’ News Aggregation Team Monday, August 13, 2018 1:00 am http://managersofwealth.com/article/61491/ritz-carltonamprsquos-new-cruise-liners-are-the-last-word-in-luxury-travel-for-the-amplsquo1-per-centersamprsquo The luxury ships will defy all stereotypes, offering larger rooms, relaxing common spaces, and the sheer indulgence of an on-board spa Luxury What are Porsche, Mercedes and Tesla doing to ignite China's passion for luxury cars News Aggregation Team Monday, August 13, 2018 1:00 am http://managersofwealth.com/article/61504/what-are-porsche-mercedes-and-tesla-doing-to-ignite-chinaamp039s-passion-for-luxury-cars Porsche shows that bigger is better on WeChat, while Tesla flaunts technology and Mercedes-Benz flashes lifestyle exclusivity in China, where women are key decision makers Luxury Global Blue to open VIP lounge in London News Aggregation Team Friday, August 10, 2018 1:00 am http://managersofwealth.com/article/61474/global-blue-to-open-vip-lounge-in-london The London lounge will be Global Blue’s second largest and features four rooms that offer a variety of marketing opportunities Luxury A review of Iceland's first luxury hotel on the Blue Lagoon News Aggregation Team Wednesday, August 08, 2018 1:00 am http://managersofwealth.com/article/61413/a-review-of-icelandamp039s-first-luxury-hotel-on-the-blue-lagoon With Iceland's customary soft drizzle on your face, and views of plump, low cloud fusing with the volcanic earth, this treatment is a one of a kind experience. Luxury From Mayfair to Knightsbridge: 6 Alluring Luxury Hotels in London News Aggregation Team Sunday, August 05, 2018 1:00 am http://managersofwealth.com/article/61334/from-mayfair-to-knightsbridge-6-alluring-luxury-hotels-in-london Add in the depth of the cultural offer of world-renowned museums and galleries and its vibrant Theatreland and quality restaurant scene and it is easy to see why so many visitors choose to return many times. Luxury Luxury penthouse in former WW2 RAF headquarters now on the market News Aggregation Team Sunday, August 05, 2018 1:00 am http://managersofwealth.com/article/61338/luxury-penthouse-in-former-ww2-raf-headquarters-now-on-the-market Bentley Priory has been home to many famous residents in the past. Luxury What are luxury hotels doing to save the environment? News Aggregation Team Friday, August 03, 2018 1:00 am http://managersofwealth.com/article/61327/what-are-luxury-hotels-doing-to-save-the-environment The first move is to reduce the use of plastic, such as switching to glass bottles Luxury London's historic India Club saved from demolition News Aggregation Team Friday, August 03, 2018 1:00 am http://managersofwealth.com/article/61329/londonamp039s-historic-india-club-saved-from-demolition The Club, which has functioned as an Indian restaurant on The Strand in the heart of London since 1946, is located on the first floor of the 26-room Strand Continental hotel. Luxury Summer camp for the ultra-wealthy teaches their kids how to stay rich News Aggregation Team Wednesday, August 01, 2018 1:00 am http://managersofwealth.com/article/61229/summer-camp-for-the-ultra-wealthy-teaches-their-kids-how-to-stay-rich The talk is of money, noblesse oblige, technology, Formula One. Luxury Lewis Hamilton net worth: How much is F1 driver from Stevenage worth? Where does he live? News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61664/lewis-hamilton-net-worth-how-much-is-f1-driver-from-stevenage-worth-where-does-he-live Hamilton is a healthy 24 points clear of Sebastian Vettel in the Drivers’ Championship, which returns this weekend after a break for the summer. Extremely Wealthy Tycoon Pallonji Mistry battles to unlock $17 billion of his wealth in India News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61670/tycoon-pallonji-mistry-battles-to-unlock-17-billion-of-his-wealth-in-india The conflict between Mistry and the Tata Group began with a boardroom coup in 2016, when the former’s son was ousted as chairman of the latter. Extremely Wealthy This royal family’s wealth could be more than $1 trillion News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61635/this-royal-familyamprsquos-wealth-could-be-more-than-1-trillion Much like their British counterparts, the members of the Saudi royal family are notoriously private about their fortune. Extremely Wealthy Meet the beauticians who fly round the world for the ultra-rich News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61637/meet-the-beauticians-who-fly-round-the-world-for-the-ultra-rich Last-minute spray tan? Massage? The ultra-rich think nothing of flying a beautician across the world when they’re in need of a pamper on holiday. Hilary Rose meets the elite therapists who are always on call Extremely Wealthy The 25 most generous philanthropists in America today News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61646/the-25-most-generous-philanthropists-in-america-today The Chronicle of Philanthropy publishes an annual list of the top 50 philanthropists (both individuals and couples) by calculating their yearly donations. Extremely Wealthy Multi-billionaire banker decides to put his daughter on his company's board in charge of £420m, despite claims she is 'unqualified' News Aggregation Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61605/multi-billionaire-banker-decides-to-put-his-daughter-on-his-companyamp039s-board-in-charge-of-amppound420m-despite-claims-she-is-amp039unqualifiedamp039 I can disclose that Schroder plans to place his daughter, Leonie, 44, on the board of the company which manages a staggering £420 billion. Extremely Wealthy Why Monaco’s allure is too strong for one HNW Brexiteer News Aggregation Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61610/why-monacoamprsquos-allure-is-too-strong-for-one-hnw-brexiteer Britain’s richest man is moving to Monaco, and who can blame him, writes Arun Kakar Extremely Wealthy REVEALED: The cunning trick that helped a Yorkshire mill worker win £7.5million in 1800s Monte Carlo after it was kept a secret for 100 years News Aggregation Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61620/revealed-the-cunning-trick-that-helped-a-yorkshire-mill-worker-win-amppound75million-in-1800s-monte-carlo-after-it-was-kept-a-secret-for-100-years This opulent salon was a most unlikely setting for an impoverished Yorkshire mill worker to find himself. Extremely Wealthy Hedge-funder goes from millionaire to missing homeless person News Aggregation Team Tuesday, August 14, 2018 1:00 am http://managersofwealth.com/article/61528/hedge-funder-goes-from-millionaire-to-missing-homeless-person A hospital camera recorded Greenwald as he walked out, authorities said. Extremely Wealthy Billionaire art lover is looking to make a historic sale News Aggregation Team Monday, August 13, 2018 1:00 am http://managersofwealth.com/article/61502/billionaire-art-lover-is-looking-to-make-a-historic-sale In the past two weeks, Chinese billionaire Bill Liu banks on his display invention to grow his fortune Extremely Wealthy Off to University? A is for allowance, B is for budgeting by Penny Lovell Penny Lovell Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61643/off-to-university-a-is-for-allowance-b-is-for-budgeting-by-penny-lovell Despite soaring fees, £9-11,000 a year on average according to the Government, it’s not putting people off of university and student numbers have increased relentlessly. Comment & Analysis Three years down the toilet by Tim Price Tim Price Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61647/three-years-down-the-toilet-by-tim-price “In the 1970s, the Yale economist Herbert Scarf determined that the time to equilibrium scales exponentially with the number of products and services in the economy to the power of four" Comment & Analysis Study: Wealthy people cheat more than others News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61573/study-wealthy-people-cheat-more-than-others Six years ago, Keltner and a then-graduate student in his lab, Paul Piff, published influential innovative experiments that confirmed many of our worst assumptions about the rich and the corrupting power of wealth. Comment & Analysis Why one wealth manager believes becoming a millionaire is 'meaningless' News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61574/why-one-wealth-manager-believes-becoming-a-millionaire-is-amp039meaninglessamp039 Ben Rogers, who has worked at Wilmslow-based company Equilibrium since 2015 Comment & Analysis 'The Geometry of Wealth' author Portnoy talks about how money figures in a joyful life News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61576/amp039the-geometry-of-wealthamp039-author-portnoy-talks-about-how-money-figures-in-a-joyful-life With defining a purpose, we need to discover and articulate what brings us deeper contentment. Comment & Analysis How philanthropy can support the growth of data for social good News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61580/how-philanthropy-can-support-the-growth-of-data-for-social-good Most data remains in private hands, used to increase business efficiency and profitability. Comment & Analysis Why Global Citizenship Matters by Dominic Volek, Managing Partner, Henley & Partners Singapore News Team Wednesday, August 15, 2018 1:00 am http://managersofwealth.com/article/61565/why-global-citizenship-matters-by-dominic-volek-managing-partner-henley-ampamp-partners-singapore The global citizenship-by-investment industry matters and, by all accounts, it is here to stay. Comment & Analysis Richard Branson Wants to Make the Caribbean a “Climate-Smart Zone” News Aggregation Team Wednesday, August 15, 2018 1:00 am http://managersofwealth.com/article/61568/richard-branson-wants-to-make-the-caribbean-a-ampldquoclimate-smart-zoneamprdquo Already, 26 Caribbean countries have signed on to the drive, supported by 40 private-sector companies. Comment & Analysis Wealth Management Challenges: Client Retention in the Digital Age News Team Tuesday, August 14, 2018 1:00 am http://managersofwealth.com/article/61529/wealth-management-challenges-client-retention-in-the-digital-age Yet many of the traditional wealth managers still question whether the inheriting generation will really want or expect different services/solutions from wealth managers. Comment & Analysis Swiss Life increases fee income in the first half of 2018 – net profit up by 7% to CHF 561 million News Aggregation Team Tuesday, August 14, 2018 1:00 am http://managersofwealth.com/article/61533/swiss-life-increases-fee-income-in-the-first-half-of-2018-ampndash-net-profit-up-by-7-to-chf-561-million "Swiss Life continued its positive development in the first half of 2018", says Patrick Frost, CEO of the Swiss Life Group. Comment & Analysis deVere Group increases its investment into the UK News Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61593/devere-group-increases-its-investment-into-the-uk Its mission was to shake the very foundations of the way in which retirement advice was delivered in the UK. Alternative Investments Emerging trends towards impact investing as Asia’s ESG revolution awaits News Aggregation Team Wednesday, August 15, 2018 1:00 am http://managersofwealth.com/article/61550/emerging-trends-towards-impact-investing-as-asiaamprsquos-esg-revolution-awaits The key difference, he explained, is that ESG can be used to boost alpha as fund managers use it to help them beat the market, while the focus of SRI is very beta-focused and aims to match market cycles. Alternative Investments Emerging trends in portfolio advisory – a view from the MSCI experts News Aggregation Team Wednesday, August 15, 2018 1:00 am http://managersofwealth.com/article/61553/emerging-trends-in-portfolio-advisory-ampndash-a-view-from-the-msci-experts Lee first explained that MSCI focuses on four areas of research, namely index, analytics, Environment, Social & Governance research and real estate. Alternative Investments Mercer to acquire Northern American specialist consultantsMe News Team Wednesday, August 15, 2018 1:00 am http://managersofwealth.com/article/61561/mercer-to-acquire-northern-american-specialist-consultantsme Transaction to complement Mercer’s existing investment consulting, alternatives and wealth management offerings Alternative Investments Apex and Genstar buy hedge fund administrator News Team Tuesday, August 14, 2018 1:00 am http://managersofwealth.com/article/61524/apex-and-genstar-buy-hedge-fund-administrator The acquisition adds a further $24 billion in assets under administration to the Group's portfolio and is a strong strategic and cultural fit given its independent business model and focus on delivering a personal approach customer service. Alternative Investments Aquila partners with ex-Bellevue CEO’s research firm News Aggregation Team Monday, August 06, 2018 1:00 am http://managersofwealth.com/article/61352/aquila-partners-with-ex-bellevue-ceoamprsquos-research-firm Peter said this sector is key for Aquila, promising significant growth while big-name Swiss equities are struggling. Alternative Investments Guernsey’s captive expertise and efforts in Asia earns award News Team Friday, August 03, 2018 1:00 am http://managersofwealth.com/article/61298/guernseyamprsquos-captive-expertise-and-efforts-in-asia-earns-award Guernsey Finance has also had a permanent presence in Shanghai for more than 10 years. Alternative Investments GAM gets green light for Japan expansion News Team Monday, July 30, 2018 1:00 am http://managersofwealth.com/article/61179/gam-gets-green-light-for-japan-expansion GAM has had an office in Tokyo since 1997, and has been expanding business in the country recently. Alternative Investments Liechtenstein boutique launches landmark diamond fund News Aggregation Team Monday, July 30, 2018 1:00 am http://managersofwealth.com/article/61187/liechtenstein-boutique-launches-landmark-diamond-fund The pricing of diamonds is no longer a problem. Alternative Investments Insurance companies in Thailand – reengineering products for wealthy clients News Aggregation Team Thursday, July 26, 2018 1:00 am http://managersofwealth.com/article/61078/insurance-companies-in-thailand-ampndash-reengineering-products-for-wealthy-clients The Thai insurance market has evolved positively and expansively in recent years. Alternative Investments $60,000 Gold-Plated Coffins: How Funerals Are Becoming the Final Opportunity to Flaunt Wealth News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61634/60000-gold-plated-coffins-how-funerals-are-becoming-the-final-opportunity-to-flaunt-wealth “There’s a certain set of expectations about how you’re supposed to go out,” said Ted Klontz, chief executive officer of Klontz Consulting Group. Extremely Expensive Here's where foreign real estate investors are buying in New York City News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61640/hereamp039s-where-foreign-real-estate-investors-are-buying-in-new-york-city New York has remained one of the most expensive real estate markets in the world, helped by foreign buyers. Extremely Expensive A Caribbean Island for Sale News Aggregation Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61630/a-caribbean-island-for-sale The island, which is currently an uninhabited marine reserve, is listed for sale for $53,950,046. Extremely Expensive Porsche’s Project Gold Explained News Aggregation Team Monday, August 13, 2018 1:00 am http://managersofwealth.com/article/61492/porscheamprsquos-project-gold-explained All we know is what is presented to us in these videos. Extremely Expensive Watch: If flying cars are about to take wing, can the luxury version be far behind? News Aggregation Team Sunday, August 12, 2018 1:00 am http://managersofwealth.com/article/61485/watch-if-flying-cars-are-about-to-take-wing-can-the-luxury-version-be-far-behind Aston Martin visualises its flying car, the ‘Volante Vision Concept’, as a sleek, autonomous, hybrid-electric luxury vehicle. Extremely Expensive Ferrari Portofino will be the Italian marque's next best-seller News Aggregation Team Thursday, August 09, 2018 1:00 am http://managersofwealth.com/article/61444/ferrari-portofino-will-be-the-italian-marqueamp039s-next-best-seller This car is neither the screaming 812 Superfast nor the sexy 488 Spider. Extremely Expensive Bentley Boy Wonder A 1929 Bentley 4.5-litre ‘Le Mans’ once owned by legendary playboy racer Woolf Barnato tipped to sell for £850,000 News Aggregation Team Thursday, August 09, 2018 1:00 am http://managersofwealth.com/article/61450/bentley-boy-wonder-a-1929-bentley-45-litre-amplsquole-mansamprsquo-once-owned-by-legendary-playboy-racer-woolf-barnato-tipped-to-sell-for-amppound850000 The triple Le Mans race-winner had two 4.5-litre Bentleys – one of which he drove to victory in the 1928 event Extremely Expensive Equanimity most expensive yacht to be auctioned News Aggregation Team Wednesday, August 08, 2018 1:00 am http://managersofwealth.com/article/61410/equanimity-most-expensive-yacht-to-be-auctioned An online search of prices fetched so far by superyachts suggest that Equanimity could create a new record if the government decides to initiate an auction. Extremely Expensive British supercars reign supreme News Aggregation Team Wednesday, August 08, 2018 1:00 am http://managersofwealth.com/article/61417/british-supercars-reign-supreme Britain's four models were enough to see off cars from Germany like the Porsche 911 GT3 and Audi R8, Italy and Japan in the luxury competition. Extremely Expensive Chinese invest millions in bottles of Bordeaux... News Aggregation Team Wednesday, August 08, 2018 1:00 am http://managersofwealth.com/article/61421/chinese-invest-millions-in-bottles-of-bordeaux European and British customers account for the bulk of customers at 50 per cent, while 10 per cent were from America and the rest of the world. Extremely Expensive What Can Advisors Do When Family Disputes Threaten Client Wealth? News Aggregation Team Tuesday, August 21, 2018 1:00 am http://managersofwealth.com/article/61668/what-can-advisors-do-when-family-disputes-threaten-client-wealth Mediation can be an effective way to reach agreements. Research Private jet provider reveals its most bizarre client requests News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61599/private-jet-provider-reveals-its-most-bizarre-client-requests It’s not just animal-lovers requesting special treatment for their pets. Research Robo-advisors give traditional wealth managers an advantage News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61603/robo-advisors-give-traditional-wealth-managers-an-advantage Hedgeable, an avant-garde robo-advisor called it quits last week, closing with $47,000 per account on average, despite marketing itself as high net worth-ready. Research Winning with your talent-management strategy News Team Tuesday, August 14, 2018 1:00 am http://managersofwealth.com/article/61545/winning-with-your-talent-management-strategy The survey results also point to underlying actions that organizations of all stripes can take to cultivate these practices and thereby improve their talent-management strategy and organizational performance. Research VIDEOS: Space tourism – the future of travel News Aggregation Team Monday, August 13, 2018 1:00 am http://managersofwealth.com/article/61503/videos-space-tourism-ampndash-the-future-of-travel Which companies are leading the ‘space race’ as a commercial venture? Research How to help families preserve long-term wealth News Aggregation Team Wednesday, August 08, 2018 1:00 am http://managersofwealth.com/article/61395/how-to-help-families-preserve-long-term-wealth Learn about the importance of managing different generations in a wealthy family Research The Bad Money Habits of Millennials, Gen Z News Team Tuesday, August 07, 2018 1:00 am http://managersofwealth.com/article/61522/the-bad-money-habits-of-millennials-gen-z On average, young adults expect to retire at 60 years of age, seven years earlier than full Social Security benefit eligibility for their age bracket. Research This greenhouse is about the size of a large handbag - but that'll be HK$2.41 million please News Aggregation Team Monday, August 06, 2018 1:00 am http://managersofwealth.com/article/61340/this-greenhouse-is-about-the-size-of-a-large-handbag-but-thatamp039ll-be-hk241-million-please The miniature silver sterling greenhouse took four skilled craftsmen nine months to create in Tiffany’s Hollowware shop Research Blockchain Holds 'Significant' Value For Financial Services News Team Friday, August 03, 2018 1:00 am http://managersofwealth.com/article/61306/blockchain-holds-amp039significantamp039-value-for-financial-services With investment on the rise, blockchain is expected to transform a wide variety of industries in the coming years Research Advisory Firms With a Niche Are Far More Profitable News Aggregation Team Friday, August 03, 2018 1:00 am http://managersofwealth.com/article/61307/advisory-firms-with-a-niche-are-far-more-profitable After a challenging 2016, advisory firms seem to have experienced a healthy comeback in 2017 across the majority of growth indicators, with nearly three quarters of firms reporting significant growth. Research What it means to fly ultra-high net worth clients —Private jet operators News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61636/what-it-means-to-fly-ultra-high-net-worth-clients-ampmdashprivate-jet-operators One passenger flying intercontinentally from Europe to America with his furry companion requested that the pilot land ahead of destination in order for his hound to “get some fresh air and walk around a bit”. Executive Travel The World's Longest Flight May Also Be the World's Longest Spa Treatment News Aggregation Team Monday, August 20, 2018 1:00 am http://managersofwealth.com/article/61642/the-worldamp039s-longest-flight-may-also-be-the-worldamp039s-longest-spa-treatment Thanks to a collaboration with Canyon Ranch, Singapore Airlines' Newark-Singapore direct will have food that's 'clean and fresh,' and wellness gurus in your seat-back. Executive Travel When First Class Feels Low Class, Try This Taiwanese Luxury Airline News Aggregation Team Friday, August 17, 2018 1:00 am http://managersofwealth.com/article/61627/when-first-class-feels-low-class-try-this-taiwanese-luxury-airline The Taipei-based airline already received a permit from the Ministry of Transportation and Communications in April, but still needs to gain an air operator certificate from the Civil Aeronautics Administration (CAA). Executive Travel The best airlines you've never heard of News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61581/the-best-airlines-youamp039ve-never-heard-of We count down the best most obscure airlines in ascending order. Executive Travel Corporate travel policies not enough to keep female travellers safe, says GBTA News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61588/corporate-travel-policies-not-enough-to-keep-female-travellers-safe-says-gbta Some of the threats faced by women are medical conditions like the zika virus -especially dangerous for pregnant women – assault, and harassment, as well as challenges specific to location like religious disadvantage. Executive Travel Hilton’s Luxury Experiences platform News Aggregation Team Thursday, August 16, 2018 1:00 am http://managersofwealth.com/article/61589/hiltonamprsquos-luxury-experiences-platform First off, the platform is dedicated only to its luxury brands, Waldorf Astoria Hotels & Resorts and Conrad Hotel & Resorts. Executive Travel Small Luxury Hotels of the World adds to global portfolio News Aggregation Team Wednesday, August 15, 2018 1:00 am http://managersofwealth.com/article/61555/small-luxury-hotels-of-the-world-adds-to-global-portfolio Small Luxury Hotels of the World has added the following five new properties - in Thailand, Italy, Norway, Switzerland and St Vincent & The Grenadines - to its impressive portfolio of luxury boutique hotels around the world. Executive Travel Emirates revamps its premium offering in First and Business Class News Team Monday, August 13, 2018 1:00 am http://managersofwealth.com/article/61493/emirates-revamps-its-premium-offering-in-first-and-business-class The airline partners with BYREDO skincare, Bowers & Wilkins and Bulgari for latest amenities Executive Travel US big three airlines consolidate business class changes, slowly News Aggregation Team Monday, August 13, 2018 1:00 am http://managersofwealth.com/article/61495/us-big-three-airlines-consolidate-business-class-changes-slowly An American Airlines media representative confirmed to Runway Girl Network that the seat count will be dropping from 28 to 20 seats Executive Travel 23 Travel Tech Essentials That Will Upgrade Every Part of Your Trip News Aggregation Team Sunday, August 12, 2018 1:00 am http://managersofwealth.com/article/61486/23-travel-tech-essentials-that-will-upgrade-every-part-of-your-trip This year's coolest travel gadgets make it easier to communicate, navigate, connect, and relax when you're on the road. Executive Travel