Managers of Wealth http://managersofwealth.com/ Sat, 25 Jun 2022 09:03:55 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Credit Suisse Makes Slight Progress on Greensill Funds News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98403/credit-suisse-makes-slight-progress-on-greensill-funds That brings the total amount of claims filed by Credit Suisse Asset Management (CSAM) to an estimated $2.1 billion. Wealth and Asset Management A majority of Middle East HNWIs do not have a wealth succession plan in place for their family businesses News Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98404/a-majority-of-middle-east-hnwis-do-not-have-a-wealth-succession-plan-in-place-for-their-family-businesses Lombard Odier’s exclusive survey reveals Wealth and Asset Management Markets at an important crossroads News Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98408/markets-at-an-important-crossroads Russia’s invasion of Ukraine and China’s commitment to its zero-Covid policy likely have something to do with the change in sentiment, as both help feed concerns around slower growth and stickier inflation. Wealth and Asset Management Speculation about increased selling pressure from the SNB News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98418/speculation-about-increased-selling-pressure-from-the-snb The surprising decision by the Swiss National Bank (SNB) to raise interest rates by half a point has led to ongoing speculation about the further actions of the central bank on the stock and bond markets. Wealth and Asset Management AllianceBernstein Partners with Impact Engine to Bolster Purpose-Driven Investment Offerings News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98423/alliancebernstein-partners-with-impact-engine-to-bolster-purpose-driven-investment-offerings The new partnership will focus on purpose-driven investments supporting environmental sustainability, economic opportunity, and health equity across venture capital, growth equity and buyout managers. Wealth and Asset Management Deutsche Bank’s Leadership Takes Financial Hit on Staff Use of WhatsApp News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98425/deutsche-bankamprsquos-leadership-takes-financial-hit-on-staff-use-of-whatsapp German lender has come under criticism from regulators Wealth and Asset Management UBP Sells its American Client Business News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98378/ubp-sells-its-american-client-business The two sides have agreed not to disclose the price of the deal for client assets totaling 1 billion Swiss francs ($1.04 billion) to be transferred. Wealth and Asset Management Five J.P. Morgan Wealth Management Advisors Named Barron’s 2022 Top Women Financial Advisors News Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98380/five-jp-morgan-wealth-management-advisors-named-barronamprsquos-2022-top-women-financial-advisors J.P. Morgan Wealth Management continues to invest heavily in technology, top talent and resources to offer exceptional support for its advisors and clients. Wealth and Asset Management Lombard Odier’s Asia CIO on Portfolio Agility as the World Faces up to Inflation Mutating to Low Global Growth News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98386/lombard-odieramprsquos-asia-cio-on-portfolio-agility-as-the-world-faces-up-to-inflation-mutating-to-low-global-growth Looking ahead, to 2023, he said the bank currently thinks the story might evolve from an inflation scare to a growth scare. Wealth and Asset Management Wealth Enhancement Group Joins Forces with Hawkins Wealth Management, a $574M RIA With Offices in Iowa and Florida News Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98387/wealth-enhancement-group-joins-forces-with-hawkins-wealth-management-a-574m-ria-with-offices-in-iowa-and-florida Addition of Hawkins Wealth Management Raises Wealth Enhancement Group's Total Client Assets to More Than $55.5 Billion Wealth and Asset Management Julius Baer Unveils Senior Appointments for Southeast Asia News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98402/julius-baer-unveils-senior-appointments-for-southeast-asia In his new role, Lee will focus on building and strengthening the bank's top client relationships; accelerating key initiatives such as the development of the ultra-high net worth segment; and new client acquisitions. Executive Moves Edmond de Rothschild's New International Private Banking CEO News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98409/edmond-de-rothschildamp039s-new-international-private-banking-ceo As the new CEO of International Private Banking, Hervé Ordioni will lead Edmond de Rothschild's activities in Switzerland, Monaco, Dubai, Israel, and the UK. Executive Moves Raymond James recruits UBS LatAm advisor vet and Morgan client associate News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98415/raymond-james-recruits-ubs-latam-advisor-vet-and-morgan-client-associate He had been with the Swiss firm for over 26 years, according to his BrokerCheck report. Executive Moves Bank Cler completes the Executive Board News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98416/bank-cler-completes-the-executive-board Sarah Braun will take over the management of the new market management division on July 1, according to a statement by Bank Cler on Friday. Executive Moves HSBC strengthens Bahrain wealth team News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98426/hsbc-strengthens-bahrain-wealth-team In addition to taking on the new role, Khunji will also retain his current responsibilities as managing director and market head of private banking in Bahrain. Executive Moves Private banking head exits Edmond de Rothschild News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98383/private-banking-head-exits-edmond-de-rothschild He is leaving the firm, with the group making a senior appointment for its international banking arm. Executive Moves UBS Expands Alts Team in Singapore News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98384/ubs-expands-alts-team-in-singapore A spokesperson for the bank confirmed the contents of the memo. Executive Moves Citi Appoints Top Cluster Heads in Asia News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98385/citi-appoints-top-cluster-heads-in-asia Citi appoints Tim Monger as head of the North and East Asia cluster alongside Amol Gupte as head of the South Asia and ASEAN cluster Executive Moves Bellevue hires former UBS investment strategist News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98389/bellevue-hires-former-ubs-investment-strategist In this function, Heinz replaces the previous CEO of Starcapital, Manfred Schlumberger , who is looking for a new challenge, as was further learned. Executive Moves St. James’s Place Tax and Legal Arm Expands in Singapore News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98391/st-jamesamprsquos-place-tax-and-legal-arm-expands-in-singapore He will be asked with growing the firm’s tax and estate planning offering in Asia. Executive Moves China approves ICBC-Goldman joint venture to start offering wealth services News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98427/china-approves-icbc-goldman-joint-venture-to-start-offering-wealth-services ICBC will "push forward" the joint venture to execute all the relevant procedure "in strict compliance with laws Legal,Regulation,Tax & Compliance Carey Olsen named a finalist for two STEP Private Client Awards News Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98428/carey-olsen-named-a-finalist-for-two-step-private-client-awards This year's awards also saw a record number of nominations, with 337 submissions from 27 countries for the 21 categories available. Legal,Regulation,Tax & Compliance Bermuda Claims Against Credit Suisse Now More Precisely Defined News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98379/bermuda-claims-against-credit-suisse-now-more-precisely-defined That amount more precisely determines the amount of the loss, which Credit Suisse estimated to be around $600 million in its first-quarter report. Legal,Regulation,Tax & Compliance Finma Potentially Leaves Door Open for Independent Asset Managers News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98382/finma-potentially-leaves-door-open-for-independent-asset-managers That means that anyone who has not applied by the end of June is unlikely to make it. Legal,Regulation,Tax & Compliance Morgan Stanley Advisor Wins Right to Keep 1MDB-Linked Condo News Aggregation Team Tuesday, June 21, 2022 1:00 am http://managersofwealth.com/article/98339/morgan-stanley-advisor-wins-right-to-keep-1mdb-linked-condo The Walker Tower board said that its bylaws gave it the right to first refusal to any condo sale in the building and also claims that the sale was made at a deep 64 percent discount. Legal,Regulation,Tax & Compliance EY partners look forward to IPO-Reibach News Aggregation Team Tuesday, June 21, 2022 1:00 am http://managersofwealth.com/article/98347/ey-partners-look-forward-to-ipo-reibach The mixing of company consulting and auditing at the big four in the industry has long been under fire because of the possible conflicts of interest. Legal,Regulation,Tax & Compliance Carey Olsen named as a finalist in the 2022 eprivateclient Excellence Awards News Team Monday, June 20, 2022 1:00 am http://managersofwealth.com/article/98290/carey-olsen-named-as-a-finalist-in-the-2022-eprivateclient-excellence-awards Carey Olsen has previously enjoyed success at the awards, having won the Offshore Law Firm (multi-jurisdiction) category at the inaugural eprivateclient Excellence Awards in 2021. Legal,Regulation,Tax & Compliance Another HSBC Manager Pulled into Cum-Ex Vortex News Aggregation Team Monday, June 20, 2022 1:00 am http://managersofwealth.com/article/98305/another-hsbc-manager-pulled-into-cum-ex-vortex Von Schmettow headed the Duesseldorf-based bank, which formerly traded as HSBC Trinkaus & Burkhardt, from 2015 to 2021. Legal,Regulation,Tax & Compliance Another asset manager takes the license hurdle News Aggregation Team Friday, June 17, 2022 1:00 am http://managersofwealth.com/article/98274/another-asset-manager-takes-the-license-hurdle As the independent asset manager based in Zurich announced, he obtained the license with legal support and in a very short time; the company is now monitored by the supervisory organization Fincontrol Suisse. Legal,Regulation,Tax & Compliance Swiss prosecutor identifies millions laundered via Credit Suisse - report News Aggregation Team Friday, June 17, 2022 1:00 am http://managersofwealth.com/article/98276/swiss-prosecutor-identifies-millions-laundered-via-credit-suisse-report Credit Suisse always maintained Lescaudron worked alone. Legal,Regulation,Tax & Compliance Northern Trust Appointed to Provide Asset Servicing Solutions to International Biotechnology Trust News Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98405/northern-trust-appointed-to-provide-asset-servicing-solutions-to-international-biotechnology-trust Delivering Holistic Reporting, Trading and Administration Solutions for UK Investment Trust FinTech Northern Trust Creates Digital Assets and Financial Markets Group News Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98406/northern-trust-creates-digital-assets-and-financial-markets-group New Asset Servicing team unifies digital and traditional market functions. FinTech Wealth Dynamix launches first simplified Client Lifecycle Management benefit calculator for Wealth Managers News Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98392/wealth-dynamix-launches-first-simplified-client-lifecycle-management-benefit-calculator-for-wealth-managers The use cases include increases to prospect win rate and share of wallet via responsive nurture processes and opportunity management. FinTech Citi Partners with METACO to Develop Institutional Digital Asset Custody Capabilities News Team Wednesday, June 22, 2022 1:00 am http://managersofwealth.com/article/98355/citi-partners-with-metaco-to-develop-institutional-digital-asset-custody-capabilities This strategic partnership enables Citi to extend its existing capabilities to digital assets while leveraging its current technological, operating and servicing model. FinTech Wealth Wizards releases financial wellbeing app News Team Tuesday, June 21, 2022 1:00 am http://managersofwealth.com/article/98341/wealth-wizards-releases-financial-wellbeing-app Royal London is already using Turo Wellbeing to create a series of personalised journeys to help their customers improve their financial wellbeing and retirement prospects, through a guidance-only pathway. FinTech Regulation, (Competitive) Risk and Resilience Dominate the EMEA Transformation Agenda News Team Monday, June 20, 2022 1:00 am http://managersofwealth.com/article/98309/regulation-competitive-risk-and-resilience-dominate-the-emea-transformation-agenda Another key theme for the industry over the last decade or so has been regulation. FinTech DeFi and crypto assets adoption by family offices is expected to be the route for the institutional capital News Team Friday, June 17, 2022 1:00 am http://managersofwealth.com/article/98270/defi-and-crypto-assets-adoption-by-family-offices-is-expected-to-be-the-route-for-the-institutional-capital The digital assets adoption, stock market situation, and the crypto winter are to be discussed at The Wealth Today Summit in its forthcoming edition by experts from ADGM, Kraken and TDeFi FinTech Benefits of self-service in banking News Team Thursday, June 16, 2022 1:00 am http://managersofwealth.com/article/98240/benefits-of-self-service-in-banking This means that the more self-service functionality banks make available, the more positively customers will view the service they receive. FinTech Digital wealth managers riding high on wave of democratization News Aggregation Team Thursday, June 16, 2022 1:00 am http://managersofwealth.com/article/98260/digital-wealth-managers-riding-high-on-wave-of-democratization Report from BCG finds online wealth platforms, which accounted for 11% of global investments last year, have an edge over traditional ones FinTech Twenty7Tec acquires Finplan owner to enter wealth market News Aggregation Team Wednesday, June 15, 2022 1:00 am http://managersofwealth.com/article/98209/twenty7tec-acquires-finplan-owner-to-enter-wealth-market The newly acquired CRM system serves mortgage and protection advisers, as well as advisers in the wealth management sector. FinTech Stonehage Fleming announces senior promotions News Aggregation Team Monday, June 20, 2022 1:00 am http://managersofwealth.com/article/98312/stonehage-fleming-announces-senior-promotions In the Jersey Family Office division, Ian Ferguson and Rudi Bodenstein have been promoted to Partner. Family Office Why billionaires are setting up family offices in Singapore News Aggregation Team Thursday, June 16, 2022 1:00 am http://managersofwealth.com/article/98241/why-billionaires-are-setting-up-family-offices-in-singapore In recent months, the family office of Hong Kong billionaire Li Ka-shing opened an outpost in Singapore, joining others such as Oppenheimer Generations, the family office of former De Beers chairman Nicky Oppenheimer. Family Office The Family Office winner of Best AI Use-Case Award by World AI Show and Awards News Aggregation Team Monday, June 13, 2022 1:00 am http://managersofwealth.com/article/98156/the-family-office-winner-of-best-ai-use-case-award-by-world-ai-show-and-awards Having recognized the importance of digitalization years ago, The Family Office embarked on a digital transformation journey in 2020. Family Office Who budgets for Bill Gates? Here's how family offices manage money for the ultra-wealthy News Aggregation Team Sunday, June 12, 2022 1:00 am http://managersofwealth.com/article/98153/who-budgets-for-bill-gates-hereamp039s-how-family-offices-manage-money-for-the-ultra-wealthy Offices that advise multiple households operate much like traditional wealth management firms that serve a number of clients. Family Office Crestbridge family office professional recognised in ‘rising stars’ list News Aggregation Team Friday, June 10, 2022 1:00 am http://managersofwealth.com/article/98146/crestbridge-family-office-professional-recognised-in-amplsquorising-starsamprsquo-list Daniel, who was promoted to Manager at the beginning of the year, has over fifteen years’ experience in the offshore trust business and joined Crestbridge in 2017 with a private wealth and family office background. Family Office Family offices search for alternative diversifiers as strategic shift gains momentum News Team Thursday, June 09, 2022 1:00 am http://managersofwealth.com/article/98094/family-offices-search-for-alternative-diversifiers-as-strategic-shift-gains-momentum UBS Global Family Office Report 2022 sees family offices reducing fixed income allocations and increasing investments in private equity, real estate, and private debt Family Office What Is A Family Office In 2022? News Aggregation Team Tuesday, June 07, 2022 1:00 am http://managersofwealth.com/article/98039/what-is-a-family-office-in-2022 Although the concept of family offices has been around since the 6th century, modern family offices are often said to have been popularized by the family of JP Morgan Family Office Family Offices Are Easy Prey for Hackers News Aggregation Team Tuesday, June 07, 2022 1:00 am http://managersofwealth.com/article/98044/family-offices-are-easy-prey-for-hackers Many of them are having clear trouble grappling with far-reaching changes in government regulation worldwide, including tax policy, and with rising levels of geopolitical uncertainty, as evidenced by the ongoing war in Ukraine. Family Office London-based family office opens in Madrid News Aggregation Team Thursday, June 02, 2022 1:00 am http://managersofwealth.com/article/97985/london-based-family-office-opens-in-madrid Its European headquarters will be led by a former UBS executive director Family Office A Focus on Family Offices in the Asia Pacific News Team Thursday, May 26, 2022 1:00 am http://managersofwealth.com/article/97877/a-focus-on-family-offices-in-the-asia-pacific The Asia-Pacific has slowly but surely become a dominant player in the race to become a leading hub for Family Offices and in this white paper Family Office Chanel Bags, Rolexes Make for Inflation-Proof Investments, Per Credit Suisse Report News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98399/chanel-bags-rolexes-make-for-inflation-proof-investments-per-credit-suisse-report In 2020, Credit Suisse and Deloitte found that wristwatches (and jewelry) saw “moderate single-digit returns” on average. Luxury OMNIYAT begins construction of its uber-luxury residential project in Dubai News Aggregation Team Tuesday, June 21, 2022 1:00 am http://managersofwealth.com/article/98326/omniyat-begins-construction-of-its-uber-luxury-residential-project-in-dubai The project offers 17 ultra-luxury residences, as well as one sky palace spread over multiple floors Luxury Maserati’s Grecale is Built for “The Everyday Exceptional” Experience News Aggregation Team Tuesday, June 21, 2022 1:00 am http://managersofwealth.com/article/98330/maseratiamprsquos-grecale-is-built-for-ampldquothe-everyday-exceptionalamprdquo-experience The Grecale comes in four different models and every one of it makes driving a pleasurable pastime. Luxury Brave New Art World: The Rise and Rise of the NFT News Team Monday, June 20, 2022 1:00 am http://managersofwealth.com/article/98291/brave-new-art-world-the-rise-and-rise-of-the-nft Marcus Fox, Global Managing Director 20th/21st Century Art at Christie’s, explains the premise of the NFT and the impact on the art world today Luxury Dining Alfresco: 8 Homes for Entertaining Outdoors News Team Monday, June 20, 2022 1:00 am http://managersofwealth.com/article/98292/dining-alfresco-8-homes-for-entertaining-outdoors Luxury Defined explores a collection of homes with dedicated outdoor spaces for cooking, dining, and entertaining Luxury Pushing The Green Frontier: How to Live Off The Grid News Team Monday, June 20, 2022 1:00 am http://managersofwealth.com/article/98293/pushing-the-green-frontier-how-to-live-off-the-grid An off-the-grid home can be as slick as any city dwelling, with the added bonuses of sustainability and nature on your doorstep Luxury With cryptos and NFT’s sinking, diamonds are the way to stay afloat News Aggregation Team Friday, June 17, 2022 1:00 am http://managersofwealth.com/article/98284/with-cryptos-and-nftamprsquos-sinking-diamonds-are-the-way-to-stay-afloat Hong Kong-based Lo’s Legacy Jewelry Fund will witness one-of-a-kind necklaces and other pieces from the world’s top jewelry houses like Van Cleef & Arpels, Cartier, and Bulgari. Luxury Luxury Real Estate Rolls On Post Pandemic News Team Tuesday, June 14, 2022 1:00 am http://managersofwealth.com/article/98179/luxury-real-estate-rolls-on-post-pandemic Global luxury real estate leaders talked about the trends driving the market at the annual Christie’s International Real Estate Owners Conference in Aspen, Colorado Luxury 5 Luxury Homes Inspired by Frank Lloyd Wright News Team Tuesday, June 14, 2022 1:00 am http://managersofwealth.com/article/98180/5-luxury-homes-inspired-by-frank-lloyd-wright In honor of Frank Lloyd Wright’s birthday, Luxury Defined spotlights homes inspired by the master of 20th-century architecture Luxury British Billionaire’s $50 Million Luxury Toy Is a Rare Iconic Superyacht News Aggregation Team Tuesday, June 14, 2022 1:00 am http://managersofwealth.com/article/98189/british-billionaireamprsquos-50-million-luxury-toy-is-a-rare-iconic-superyacht The stunning Virginian is no ordinary yacht, but one with an extensive history and a style to match. Luxury Asia's richest man Adani donating $10b to social causes News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98421/asiaamp039s-richest-man-adani-donating-10b-to-social-causes Mr Adani's pledge is almost half of what Mr Bill Gates and Ms Melinda French Gates donated to their foundation in 2021. Extremely Wealthy Cryptocurrency Billionaire Gets Industry’s Back News Aggregation Team Wednesday, June 22, 2022 1:00 am http://managersofwealth.com/article/98357/cryptocurrency-billionaire-gets-industryamprsquos-back This agreement also unlocks future collaboration and innovation between BlockFi & FTX as we work to accelerate prosperity worldwide through crypto financial services. Extremely Wealthy Inside tech billionaire Larry Ellison’s US$160 million superyacht Musashi: the Oracle co-founder’s 88-metre, Japanese-style vessel was even featured on Netflix’s The Dropout News Aggregation Team Wednesday, June 22, 2022 1:00 am http://managersofwealth.com/article/98372/inside-tech-billionaire-larry-ellisonamprsquos-us160-million-superyacht-musashi-the-oracle-co-founderamprsquos-88-metre-japanese-style-vessel-was-even-featured-on-netflixamprsquos-the-dropout Amazon’s Jeff Bezos and Google’s Sergey Brin and Larry Page have yachts, but theirs weren’t depicted in The Dropout with Amanda Seyfried as Theranos’ Elizabeth Holmes, unlike Musashi Extremely Wealthy Sergey Brin Seeks Divorce, Joining Gates and Bezos in Split News Aggregation Team Tuesday, June 21, 2022 1:00 am http://managersofwealth.com/article/98321/sergey-brin-seeks-divorce-joining-gates-and-bezos-in-split Brin, 48, has a fortune of $94 billion, according to the Bloomberg Billionaires Index, derived largely from his holdings in Google. Extremely Wealthy Swiss Billionaire Buys A $112 Million Belgravia Home News Aggregation Team Tuesday, June 21, 2022 1:00 am http://managersofwealth.com/article/98343/swiss-billionaire-buys-a-112-million-belgravia-home The house was built in the 19th century and has more than 80 rooms, according to people with knowledge of the matter, who asked not to be identified as the transaction is private. Extremely Wealthy Growing An Advisory Practice With The Wealthy During A Bear Market News Aggregation Team Monday, June 20, 2022 1:00 am http://managersofwealth.com/article/98295/growing-an-advisory-practice-with-the-wealthy-during-a-bear-market The only flaw in this logic is that very likely, the clients see themselves as down and are unhappy about it. Extremely Wealthy Dubai ranked 14th-most expensive city in the world for ultra-wealthy News Aggregation Team Thursday, June 16, 2022 1:00 am http://managersofwealth.com/article/98238/dubai-ranked-14th-most-expensive-city-in-the-world-for-ultra-wealthy Higher prices for luxury goods and services are eroding the purchasing power of high-net-worth individuals, according to Julius Baer report Extremely Wealthy Who will become the world’s first trillionaire? News Team Thursday, June 16, 2022 1:00 am http://managersofwealth.com/article/98248/who-will-become-the-worldamprsquos-first-trillionaire Of the 21 individuals who stand a chance of reaching this phenomenal milestone in their lifetime, Elon Musk is predicted to be the first. Extremely Wealthy The banking billionaire making a $3.7bn bet on Colombia News Aggregation Team Thursday, June 16, 2022 1:00 am http://managersofwealth.com/article/98253/the-banking-billionaire-making-a-37bn-bet-on-colombia While others move wealth ahead of critical election, Jaime Gilinski is aiming for the country’s crown business jewels Extremely Wealthy The World’s Wealthiest People (13 June 2022) News Aggregation Team Tuesday, June 14, 2022 1:00 am http://managersofwealth.com/article/98188/the-worldamprsquos-wealthiest-people-13-june-2022 Warren Buffett is the fifth-richest person globally, with $103 billion. Extremely Wealthy Your Wealth, Your Way - Impact Reports 2021 News Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98413/your-wealth-your-way-impact-reports-2021 Impact Roadmaps highlight positive change across five tangible impact goals: Inclusion, Health and Wellbeing, Climate Change, Responsible Consumption and Sustainable Infrastructure Comment & Analysis How to pick the right wealth manager for the 2020s News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98410/how-to-pick-the-right-wealth-manager-for-the-2020s Investors have never had more choice, but it can be tricky to find a good match Comment & Analysis This CS banker can still be a superstar News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98417/this-cs-banker-can-still-be-a-superstar The fact that the prophecy has not come true since then has not been able to damage the image of the CS strategist. Comment & Analysis Lombard Odier PB CIO: 'A short-lived recession in 2023 is likely' News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98419/lombard-odier-pb-cio-amp039a-short-lived-recession-in-2023-is-likelyamp039 In equities, Monier prefers value stocks in the energy, financial services, industrials, materials, miners, healthcare and utility sectors. Comment & Analysis Asset Management’s M&A Boom Will Continue News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98420/asset-managementamprsquos-mampampa-boom-will-continue The value of asset and wealth management deals reached the highest level since 2009, PwC says — and the party isn't over. Comment & Analysis 'I’m considering buying my own fund', says manager News Aggregation Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98422/amp039iamprsquom-considering-buying-my-own-fundamp039-says-manager Bonds have sold off this year as investors are concerned about the impact of inflation on the asset class. Comment & Analysis Schroders Global Investor Study 2022: ‘Expert’ investors more empowered to prioritise their values and principles News Team Friday, June 24, 2022 1:00 am http://managersofwealth.com/article/98424/schroders-global-investor-study-2022-amplsquoexpertamprsquo-investors-more-empowered-to-prioritise-their-values-and-principles The results show that investors who class themselves as being ‘expert’ are more focused on the role that their principles and values can play in their investment decisions. Comment & Analysis Half-time scores – how the investment industry is faring in 2022 News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98388/half-time-scores-ampndash-how-the-investment-industry-is-faring-in-2022 Severe share price slumps and outflows widespread across the asset and wealth management sector though there are a few anomalies Comment & Analysis Alternatives are back with diversification opportunities News Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98393/alternatives-are-back-with-diversification-opportunities In the meantime, equity and bond markets are adapting to the tougher conditions, including a rise in interest rates that has spelt the end of free money. Comment & Analysis Credit Suisse stock: Shares look cheap if the whiff of scandal would clear News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98400/credit-suisse-stock-shares-look-cheap-if-the-whiff-of-scandal-would-clear Credit Suisse stock has more than halved in value since early 2021 Comment & Analysis World's largest diamond expected to fetch $30m at Christie's auction News Aggregation Team Thursday, May 12, 2022 1:00 am http://managersofwealth.com/article/97551/worldamp039s-largest-diamond-expected-to-fetch-30m-at-christieamp039s-auction Christie's is also selling a 205.07 carat yellow, cushion-shaped stone, estimated to sell for between $7m and $10m. Extremely Expensive 20th/21st Century sale week reaches $420 million, led by the historic sale of Warhol’s Marilyn News Team Wednesday, May 11, 2022 1:00 am http://managersofwealth.com/article/97514/20th21st-century-sale-week-reaches-420-million-led-by-the-historic-sale-of-warholamprsquos-marilyn The 21st Century Evening Sale was driven by Gerhard Richter's Abstraktes Bild, bringing the week’s combined total to $420,870,690 with 18 new artist records Extremely Expensive Diamond found in Gauteng sold for R911 million News Aggregation Team Thursday, April 28, 2022 1:00 am http://managersofwealth.com/article/97263/diamond-found-in-gauteng-sold-for-r911-million Coloured diamonds come in many hues, but pink and blue are the most coveted. Extremely Expensive Interest in ancient coin investment has surged post-pandemic — here’s why News Aggregation Team Monday, April 25, 2022 1:00 am http://managersofwealth.com/article/97160/interest-in-ancient-coin-investment-has-surged-post-pandemic-ampmdash-hereamprsquos-why One unlikely effect of the pandemic is a surge in the market for ancient coins, says Rory Sachs Extremely Expensive Sotheby’s to Offer Picasso’s Portrait of Dora Maar for More Than HK$136 Million News Aggregation Team Monday, April 18, 2022 1:00 am http://managersofwealth.com/article/97037/sothebyamprsquos-to-offer-picassoamprsquos-portrait-of-dora-maar-for-more-than-hk136-million The portrait depicts Maar in an “unusual calm elegance” in the French tricolors of red, white, and blue. Extremely Expensive Record-breaking 8,400 carat rough ruby lands in Dubai News Aggregation Team Tuesday, April 12, 2022 1:00 am http://managersofwealth.com/article/96952/record-breaking-8400-carat-rough-ruby-lands-in-dubai Will be sold to the highest bidder in Dubai Extremely Expensive Christie’s To Sell $250M Worth Impressionist Art From Anne Bass Collection News Aggregation Team Monday, April 04, 2022 1:00 am http://managersofwealth.com/article/96747/christieamprsquos-to-sell-250m-worth-impressionist-art-from-anne-bass-collection The 12 works from the Bass collection are collectively estimated to be worth $250 million. Extremely Expensive These gemstones are rarer than diamonds News Aggregation Team Friday, April 01, 2022 1:00 am http://managersofwealth.com/article/96718/these-gemstones-are-rarer-than-diamonds Various organisations specialising in the study of gemology talk about rare gems at length Extremely Expensive Jeffrey Epstein's private islands put up for sale for $125m News Aggregation Team Friday, March 25, 2022 12:00 am http://managersofwealth.com/article/96548/jeffrey-epsteinamp039s-private-islands-put-up-for-sale-for-125m The financier bought the 90-acre Little St James - the more developed of the two - nearly 25 years ago for almost $8m (£6m). Extremely Expensive 2 private islands in the Caribbean owned by late financier Jeffrey Epstein are on the market for $125 million: WSJ News Aggregation Team Wednesday, March 23, 2022 12:00 am http://managersofwealth.com/article/96476/2-private-islands-in-the-caribbean-owned-by-late-financier-jeffrey-epstein-are-on-the-market-for-125-million-wsj Two Caribbean islands owned by disgraced financier Jeffrey Epstein are hitting the market for $125 million. Extremely Expensive £300,000 gulf between HNW retirement dreams and reality News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98376/amppound300000-gulf-between-hnw-retirement-dreams-and-reality As many as 90% misjudged the level of income needed for later life Research 25% of UK advisers unaware of incoming Consumer Duty rules News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98377/25-of-uk-advisers-unaware-of-incoming-consumer-duty-rules Platform providers in demand to help deal with the changes Research One in three wealth managers expect dramatic expansion over the next three years, Oxford Risk research shows News Aggregation Team Tuesday, June 07, 2022 1:00 am http://managersofwealth.com/article/98040/one-in-three-wealth-managers-expect-dramatic-expansion-over-the-next-three-years-oxford-risk-research-shows The forecasts of expansion build on the impact of the COVID-19 pandemic in terms of on the adoption of technology across the region with lockdowns and restrictions forcing companies to find new ways of working. Research Gender Diversity and Dealmaking 2022: Research Results News Team Wednesday, May 25, 2022 1:00 am http://managersofwealth.com/article/97826/gender-diversity-and-dealmaking-2022-research-results Historic M&A activity from the second half of 2020 set the stage for the research Research Global Art Market Disruption: Pushing the boundaries News Team Tuesday, May 17, 2022 1:00 am http://managersofwealth.com/article/97635/global-art-market-disruption-pushing-the-boundaries In response to the worst public health crisis in more than a century, the industry adeptly embraced digitization. Research Opaque macro signals call for trend strategies in multi asset News Team Wednesday, May 11, 2022 1:00 am http://managersofwealth.com/article/97526/opaque-macro-signals-call-for-trend-strategies-in-multi-asset As detailed last week, economists and market observers continue to be surprised on the upside by recent macro data. Research Discover what influences philanthropic giving by the ultra wealthy in a new report by Wealth-X. News Team Friday, May 06, 2022 1:00 am http://managersofwealth.com/article/97421/discover-what-influences-philanthropic-giving-by-the-ultra-wealthy-in-a-new-report-by-wealth-x The report begins with an exploration of global philanthropy, charting the significant role played by the ultra wealthy because of the scale of their giving. Research Luzern PB research head: Two short-term risks equity markets face and what to do about it News Aggregation Team Thursday, April 28, 2022 1:00 am http://managersofwealth.com/article/97265/luzern-pb-research-head-two-short-term-risks-equity-markets-face-and-what-to-do-about-it As this combination could be risky for an overweight allocation to equities, Erne believes investors should hold cash and a higher proportion of alternatives. Research Why do People Invest in OZ? News Team Friday, April 22, 2022 1:00 am http://managersofwealth.com/article/97139/why-do-people-invest-in-oz The results of our in-depth OZ survey are in, and the full report shows what media coverage has gotten wrong about OZ investors. Research London retains its crown in the Schroders Global Cities Index 2022 News Team Wednesday, March 30, 2022 1:00 am http://managersofwealth.com/article/96636/london-retains-its-crown-in-the-schroders-global-cities-index-2022 London has held on to the top spot in Schroders Global Cities Index for the second year in a row. Research Debunking Top 4 Myths On Private Jet Travel News Aggregation Team Tuesday, May 31, 2022 1:00 am http://managersofwealth.com/article/97937/debunking-top-4-myths-on-private-jet-travel A luxurious vacation in the far-flung lands is now within reach with private jets becoming more accessible for everyone. Executive Travel ‘The haves and have-yachts’: on the trail of London’s super-rich News Aggregation Team Monday, May 23, 2022 1:00 am http://managersofwealth.com/article/97784/amplsquothe-haves-and-have-yachtsamprsquo-on-the-trail-of-londonamprsquos-super-rich We join sociologist Caroline Knowles on a walk across the economic and class divide of the capital to discover how extreme wealth has reshaped our streets Executive Travel Biggin Hill Airport Plots Future News Aggregation Team Wednesday, May 18, 2022 1:00 am http://managersofwealth.com/article/97674/biggin-hill-airport-plots-future This surge is also reflected in the hub’s annual aircraft movement tally, which jumped by nearly 30 percent between 2020 and 2021, rising from 14,700 to 18,900. Executive Travel Will inter-city space travel replace business jet flights in the near future? News Aggregation Team Friday, May 13, 2022 1:00 am http://managersofwealth.com/article/97577/will-inter-city-space-travel-replace-business-jet-flights-in-the-near-future The market could be worth about $7bn in terms of revenue for operators by 2040, Citi report says Executive Travel Executive aviation: Expert insights on the private aircraft market News Team Friday, May 13, 2022 1:00 am http://managersofwealth.com/article/97594/executive-aviation-expert-insights-on-the-private-aircraft-market That has a lot to do with positive wealth creation, the low interest rate environment, and a desire of the ultrawealthy to avoid commercial airlines in favor of private flying, if they can. Executive Travel The innovative business class suites with ‘floating’ beds News Aggregation Team Monday, March 28, 2022 1:00 am http://managersofwealth.com/article/96574/the-innovative-business-class-suites-with-amplsquofloatingamprsquo-beds A revolutionary cabin concept is more like a luxurious, boutique hotel room in the sky. Executive Travel Will travel cost more in 2022 and beyond? News Aggregation Team Thursday, March 24, 2022 12:00 am http://managersofwealth.com/article/96519/will-travel-cost-more-in-2022-and-beyond Travel may become more globally available again in 2022, but expect it to cost more if we are to be serious about tackling overtourism and sustainability Executive Travel 8 of the Best Superyacht Toys and Tenders for 2022 News Team Sunday, March 20, 2022 12:00 am http://managersofwealth.com/article/96402/8-of-the-best-superyacht-toys-and-tenders-for-2022 Incredibly cool new ways to entertain family, friends, and guests as you head for open waters in the coming months Executive Travel Swiss’ newest seat is “more premium than economy” News Aggregation Team Sunday, February 27, 2022 12:00 am http://managersofwealth.com/article/95885/swissamprsquo-newest-seat-is-ampldquomore-premium-than-economyamprdquo Expect greater legroom, more personal space and upgraded meals in the new 24-seat premium economy cabin. Executive Travel Top 5 Personal Aviation Trends in 2022 News Aggregation Team Tuesday, February 22, 2022 12:00 am http://managersofwealth.com/article/95757/top-5-personal-aviation-trends-in-2022 From an increase in private jet ownership to a push for sustainability here are the top personal aviation trends this year. Executive Travel The CLIC Chronicles: Meet Néolithe: the start-up putting an end to landfill News Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98375/the-clic-chronicles-meet-nampeacuteolithe-the-start-up-putting-an-end-to-landfill The idea came from my father, our Néolithe co-founder and stonemason, who drew a parallel between 'dinosaur waste', which was fossilised over time, and human waste. Planet SOS Brookfield raises $15 bln for climate-focused fund News Aggregation Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98381/brookfield-raises-15-bln-for-climate-focused-fund The fundraise comes at a time when investors and lawmakers across the globe have been questioning businesses about their environmental and social impact amid calls for companies to lower their greenhouse gas emissions. Planet SOS BNP Paribas Asset Management announces results of first European ESG ETF Barometer, confirming optimistic outlook News Team Thursday, June 23, 2022 1:00 am http://managersofwealth.com/article/98398/bnp-paribas-asset-management-announces-results-of-first-european-esg-etf-barometer-confirming-optimistic-outlook The European ESG ETF Barometer found that investors were particularly optimistic about the outlook for ESG ETFs Planet SOS BGF appoints Apex Group for portfolio ESG Rating & Advisory News Team Wednesday, June 22, 2022 1:00 am http://managersofwealth.com/article/98348/bgf-appoints-apex-group-for-portfolio-esg-rating-ampamp-advisory Apex’s ESG Health Check solution will help BGF to support its portfolio on ESG matters Planet SOS Swiss proptechs: Are "ecosystems" just another buzzword? News Team Wednesday, June 22, 2022 1:00 am http://managersofwealth.com/article/98353/swiss-proptechs-are-ampquotecosystemsampquot-just-another-buzzword Credit Suisse publishes Swiss proptech report 2022 Planet SOS Deutsche Bank signs Net Zero Carbon Buildings Commitment and joins EP100 News Team Wednesday, June 22, 2022 1:00 am http://managersofwealth.com/article/98365/deutsche-bank-signs-net-zero-carbon-buildings-commitment-and-joins-ep100 In addition, as part of the commitment, the bank will maximise reduction of the embodied carbon emissions for owned new developments and major renovations by 2030 and compensate all residual upfront emissions. Planet SOS R&M launches two ESG funds with £120m Quilter backing News Aggregation Team Wednesday, June 22, 2022 1:00 am http://managersofwealth.com/article/98370/rampampm-launches-two-esg-funds-with-amppound120m-quilter-backing Quilter Investors is putting £120m of seed capital behind James Sym’s new fund. Planet SOS Akila Leverages Data and Technology to Improve Companies’ ESG Efforts News Aggregation Team Tuesday, June 21, 2022 1:00 am http://managersofwealth.com/article/98331/akila-leverages-data-and-technology-to-improve-companiesamprsquo-esg-efforts Akila is a digital twin platform built to revolutionise sustainability, performance and human-centricity in the built environment, while also streamlining ESG reporting for C-suites. Planet SOS Luxembourg Ministry of Finance appoints Schroders and BlueOrchard to accelerate climate action with a landmark partnership News Team Friday, June 17, 2022 1:00 am http://managersofwealth.com/article/98267/luxembourg-ministry-of-finance-appoints-schroders-and-blueorchard-to-accelerate-climate-action-with-a-landmark-partnership The initiative will specifically focus on the environment: climate mitigation, climate adaptation, and the protection of water and biodiversity. Planet SOS Ensuring Your Impact Investments Deliver Impact News Aggregation Team Friday, June 17, 2022 1:00 am http://managersofwealth.com/article/98283/ensuring-your-impact-investments-deliver-impact ESG funds should provide a double bottom line of eliciting a positive social and/or environmental change and a market-rate financial return. Planet SOS Health and wellbeing: an opportunity for investors News Team Tuesday, May 24, 2022 1:00 am http://managersofwealth.com/article/97812/health-and-wellbeing-an-opportunity-for-investors For investors, health and wellbeing megatrends offer exciting long-term prospects, especially if they are interested in sustainable investments. Health & Wellness Simplyhealth annual workplace health and wellbeing survey News Team Monday, May 02, 2022 1:00 am http://managersofwealth.com/article/97307/simplyhealth-annual-workplace-health-and-wellbeing-survey The CIPD/Simplyhealth health and wellbeing survey highlights the importance of not underestimating the ongoing impact of Covid-19. Health & Wellness Feeling good: The future of the $1.5 trillion wellness market News Team Friday, April 29, 2022 1:00 am http://managersofwealth.com/article/97295/feeling-good-the-future-of-the-15-trillion-wellness-market Our new survey shows that a rise in consumer interest and purchasing power presents opportunities across markets, especially as consumer spending rebounds. Health & Wellness The Composition of the Wellness Economy Varies Dramatically Across Countries News Team Thursday, April 21, 2022 1:00 am http://managersofwealth.com/article/97108/the-composition-of-the-wellness-economy-varies-dramatically-across-countries Understanding the make-up of national wellness markets helps spot opportunities and needs. Health & Wellness Changing your diet could add ten years to your life – new research News Team Monday, February 21, 2022 12:00 am http://managersofwealth.com/article/95722/changing-your-diet-could-add-ten-years-to-your-life-ampndash-new-research A new study has found that eating healthier could extend lifespan by six to seven years in middle-aged age adults, and in young adults, could increase lifespan by about ten years. Health & Wellness Putting health and wellbeing first at a time of seismic change News Team Wednesday, January 19, 2022 12:00 am http://managersofwealth.com/article/94930/putting-health-and-wellbeing-first-at-a-time-of-seismic-change 'As we begin 2022, everything is the same and in every other way, it has all changed. Health & Wellness Blue Monday: Quilter offers free mental wellbeing talks to help advisers beat the blues News Team Friday, January 14, 2022 12:00 am http://managersofwealth.com/article/94824/blue-monday-quilter-offers-free-mental-wellbeing-talks-to-help-advisers-beat-the-blues The pandemic has been an extremely challenging time for everyone, and not least for financial advisers, who have had to cope with increased demands and workloads, while assisting clients as they too navigated the difficult circumstances. Health & Wellness New Data on Wellness Tourism: Projected to Hit $817 Billion This Year, $1.3 Trillion in 2025 News Aggregation Team Friday, January 14, 2022 12:00 am http://managersofwealth.com/article/94826/new-data-on-wellness-tourism-projected-to-hit-817-billion-this-year-13-trillion-in-2025 The GWI forecasts that the market will reach $817 billion in 2022 Health & Wellness Fitness Goals: How a Bespoke Home Gym Changes the Game News Team Monday, January 10, 2022 12:00 am http://managersofwealth.com/article/94648/fitness-goals-how-a-bespoke-home-gym-changes-the-game Make 2022 your healthiest year yet, with advice from an expert who specializes in bespoke home gym creation and accessories Health & Wellness Measuring the Essence of the Good Life News Team Monday, January 10, 2022 12:00 am http://managersofwealth.com/article/94681/measuring-the-essence-of-the-good-life The recognition that GDP cannot encompass many dimensions of well-being has prompted efforts to develop measures that reflect a more complete account of what people care about. Health & Wellness Heathrow urges government to remove testing for fully vaccinated travellers News Aggregation Team Thursday, January 13, 2022 12:00 am http://managersofwealth.com/article/94785/heathrow-urges-government-to-remove-testing-for-fully-vaccinated-travellers As it stands, pre-departure tests have been scrapped while Day 2 PCR tests have been replaced with lateral flows. Covid-19 Credit Suisse chairman to get warning on quarantine breaks News Aggregation Team Monday, January 10, 2022 12:00 am http://managersofwealth.com/article/94646/credit-suisse-chairman-to-get-warning-on-quarantine-breaks Horta-Osorio was forced to apologise for "unintentionally" breaking Swiss quarantine rules in November by flying to the Iberian peninsula aboard a private jet. Covid-19 The Plane Is Boarding, Where Are Your Test Results? News Aggregation Team Sunday, January 02, 2022 12:00 am http://managersofwealth.com/article/94484/the-plane-is-boarding-where-are-your-test-results International travelers in search of Covid-19 tests are scrambling to find sites that can get them results before their flights take off — and sometimes failing. Covid-19 UBS tells European dealmakers not to travel as Omicron worries mount News Aggregation Team Friday, December 03, 2021 12:00 am http://managersofwealth.com/article/93839/ubs-tells-european-dealmakers-not-to-travel-as-omicron-worries-mount The Swiss bank has told staff in its global banking division in Europe not to travel for business purposes as a precautionary measure, according to people familiar with the matter. Covid-19 New Covid variant roils global markets with oil sinking 5% News Aggregation Team Friday, November 26, 2021 12:00 am http://managersofwealth.com/article/93657/new-covid-variant-roils-global-markets-with-oil-sinking-5 Many of these mutations are linked to increased antibody resistance Covid-19 As Covid Closes in, Swiss Debate Office Presence News Aggregation Team Friday, November 26, 2021 12:00 am http://managersofwealth.com/article/93661/as-covid-closes-in-swiss-debate-office-presence Switzerland's drug regulator approved booster shots for a wider swath of the population earlier this week. Covid-19 Delta: study shows pre-flight testing "significantly decreases rate of Covid-19 infections on board" News Aggregation Team Thursday, September 16, 2021 1:00 am http://managersofwealth.com/article/91656/delta-study-shows-pre-flight-testing-ampquotsignificantly-decreases-rate-of-covid-19-infections-on-boardampquot Dr Henry Ting, Delta’s chief health officer, said that the findings confirmed previous simulation models of viral transmission on planes. Covid-19 EU and UK vaccination certificates can now be uploaded into IATA Travel Pass News Team Thursday, August 26, 2021 1:00 am http://managersofwealth.com/article/91075/eu-and-uk-vaccination-certificates-can-now-be-uploaded-into-iata-travel-pass This information can be shared with airlines and border control authorities who can have the assurance that the certificate presented to them is genuine and belongs to the person presenting it. Covid-19 Hong Kong Puts Switzerland On High COVID Risk List News Aggregation Team Tuesday, August 17, 2021 1:00 am http://managersofwealth.com/article/90822/hong-kong-puts-switzerland-on-high-covid-risk-list Switzerland, France, the Netherlands, and the U.S. are among the 15 countries that are to be upgraded to high from medium risk. Covid-19 Wall Street giant to bar unvaccinated staff News Aggregation Team Wednesday, June 23, 2021 1:00 am http://managersofwealth.com/article/89207/wall-street-giant-to-bar-unvaccinated-staff The policy comes into effect next month, in a move aimed to allow the lifting of other Covid-related rules. Covid-19