Managers of Wealth http://managersofwealth.com/ Mon, 26 Aug 2019 04:13:01 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Deutsche Bank and UBS Explored European Banking Alliance News Aggregation Team Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70659/deutsche-bank-and-ubs-explored-european-banking-alliance Deal talks in June never coalesced but show how far European lenders are willing to go to address a punishing banking environment Wealth and Asset Management Hanging on to HNW assets News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70622/hanging-on-to-hnw-assets A large proportion of wealth managers regard intergenerational wealth transfer as an opportunity to win clients Wealth and Asset Management Wealth in France: HNW Investors 2019 News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70623/wealth-in-france-hnw-investors-2019 The female HNW demographic makes up over 10% of the total HNW population, so dedicated services for this segment will be profitable. Wealth and Asset Management Many Swiss private banks facing ‘extinction’ News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70627/many-swiss-private-banks-facing-amplsquoextinctionamprsquo The death of banking secrecy five years ago saw an end to the practice of sheltering billions in undeclared offshore assets in Swiss bank vaults. Wealth and Asset Management The end of the ‘great banking adventure into wealth management’ News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70629/the-end-of-the-amplsquogreat-banking-adventure-into-wealth-managementamprsquo This was the case with a recently-announced strategy by AMP, dubbed by independent group Synchron as a “return to dark ages”, which aimed to see “fewer but more productive advisers”. Wealth and Asset Management Boutique asset and wealth manager snaps up former EFG Singapore chief News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70630/boutique-asset-and-wealth-manager-snaps-up-former-efg-singapore-chief A seasoned wealth management professional, Kong has more than 38 years of experience with several international banks in both the corporate banking and private banking divisions. Wealth and Asset Management Lombard Bank Malta - half-yearly results for 2019 News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70640/lombard-bank-malta-half-yearly-results-for-2019 Customer deposits increased by 2% while the resultant Group Net Interest Income for H1 2019 was up by 14% from €9.0m to €10.2m. Wealth and Asset Management Does Switzerland Need Just 20 Private Banks? News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70644/does-switzerland-need-just-20-private-banks Wealth managers aren't managing to trim the fat accumulated during the bull years: they are losing market share as less money flows into Switzerland. Wealth and Asset Management Zuercher Kantonalbank: Dwindling Revenues News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70648/zuercher-kantonalbank-dwindling-revenues Net commission and fee income was 387 million, down 3 percent year-on-year, primarily due to lower income in the securities and investment business. Wealth and Asset Management HSBC Singapore unveils new Jade Centre at Jewel News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70652/hsbc-singapore-unveils-new-jade-centre-at-jewel This is the second HSBC Jade Centre in Singapore. Wealth and Asset Management Bravura chair retires Michael Pilgrim Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70657/bravura-chair-retires It has been a great honour for me to serve as Chairman over the past ten years. Executive Moves Top Merrill Broker Patrick Dwyer Leaves Amid Accusations News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70642/top-merrill-broker-patrick-dwyer-leaves-amid-accusations A spokesman confirmed that Dwyer is no longer employed at Merrill, where the advisor spent his entire career, according to his BrokerCheck history. Executive Moves HSBC hires Deutsche and JPM private bankers for Brazil team News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70645/hsbc-hires-deutsche-and-jpm-private-bankers-for-brazil-team Teofilo has around 20 years industry experience and had been at Deutsche for just over a year after joining its wealth division from JPM in April last year. Executive Moves Zurich AM hires new fund manager News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70647/zurich-am-hires-new-fund-manager Zürcher-Hosaka got her first Citywire rating in 2005 and was rated for the last time in June. Executive Moves Urs Rueegsegger Returns to Banking News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70649/urs-rueegsegger-returns-to-banking Rueegsegger was chief executive officer of St. Galler Kantonalbank for seven years before joining SIX in 2009. Executive Moves Credit Suisse's Ex-Wealth Boss Headed for UBS? News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70586/credit-suisseamp039s-ex-wealth-boss-headed-for-ubs Khan, who is 43, has emerged as one of the next generation of Swiss private banking executives alongside Boris Collardi at Pictet and incoming Julius Baer boss Philipp Rickenbacher. Executive Moves Close Brothers poaches two from Brewin Dolphin Ana Hall Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70599/close-brothers-poaches-two-from-brewin-dolphin He is a Fellow of the Chartered Institute for Securities & Investment. Executive Moves Cantonal bank to propose UBP board member for election Kris Borres Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70603/cantonal-bank-to-propose-ubp-board-member-for-election She previously worked at UBP as head of the treasury and trading division. Executive Moves Saranac Partners appoints Client Advisor Ana Hall Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70609/saranac-partners-appoints-client-advisor Marc brings a great deal of experience along with a strong network of clients and established relationships and I am very pleased to welcome him on board. Executive Moves $5 billion wealth manager Chilton Trust just hired a new CEO away from JPMorgan's private bank this summer. News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70557/5-billion-wealth-manager-chilton-trust-just-hired-a-new-ceo-away-from-jpmorganamp039s-private-bank-this-summer Chilton Trust, a wealth-management firm managing about $5 billion in assets, wants to meaningfully grow its adviser head count over the next two years. Executive Moves Why Art-World Employment Agreements Are Under Increasing Scrutiny Michael Pilgrim Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70662/why-art-world-employment-agreements-are-under-increasing-scrutiny Recent art industry employment lawsuits Legal,Regulation,Tax & Compliance IRS Tells Cryptoinvestors: Find Your Data, a Calculator, and Good Lawyer News Aggregation Team Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70664/irs-tells-cryptoinvestors-find-your-data-a-calculator-and-good-lawyer There are three versions of the same letter depending on how much dirt the IRS thinks it has on an investor. Legal,Regulation,Tax & Compliance Russian government poised to seize £4.5m Perthshire estate as Putin moves to claw back assets News Aggregation Team Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70665/russian-government-poised-to-seize-amppound45m-perthshire-estate-as-putin-moves-to-claw-back-assets The eight-bedroom baronial house is now part of a complex international web of property and business assets at the centre of attempts by Vladimir Putin’s regime to claw back interests linked to Mints. Legal,Regulation,Tax & Compliance Tidjane Thiam’s overhaul of Credit Suisse is paying off News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70625/tidjane-thiamamprsquos-overhaul-of-credit-suisse-is-paying-off A non-banker is reviving Switzerland’s second-biggest bank Legal,Regulation,Tax & Compliance Israeli tycoon faces trial in Switzerland on corruption charges News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70634/israeli-tycoon-faces-trial-in-switzerland-on-corruption-charges The prosecutor’s office said last week that the charges include the corruption of foreign officials and falsifying documents. Legal,Regulation,Tax & Compliance Global law firm's private client practice taken over Mitzi Limlengco Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70638/global-law-firmamp039s-private-client-practice-taken-over David Tait, Managing Partner for Clyde & Co Scotland said: "Gillespie Macandrew is an excellent fit for Nikki and her team and allows them to carry on providing high quality private client work for their clients." Legal,Regulation,Tax & Compliance Luxembourg: Draft law to implement ATAD 2 released Ana Hall Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70639/luxembourg-draft-law-to-implement-atad-2-released The draft law largely follows the wording of the ATAD 2, but also addresses concerns raised by the marketplace and provides useful additional clarifications and examples in the commentary. Legal,Regulation,Tax & Compliance UBS banker Scott Hapgood doesn’t think he’ll get a fair trial in Anguilla News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70593/ubs-banker-scott-hapgood-doesnamprsquot-think-heamprsquoll-get-a-fair-trial-in-anguilla The UBS financial adviser — set to stand trial for manslaughter on the tiny Caribbean island — has claimed that resort hand Kenny Mitchel, 27, showed up at his family’s room at the five-star Malliouhana hotel on April 13 Legal,Regulation,Tax & Compliance ASIC wealth management investigations soar by 216% News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70607/asic-wealth-management-investigations-soar-by-216 Crennan, who is also the sponsoring commissioner for ASIC’s Office for Enforcement, said he hoped the use of regtech would lead to a fall in the number of ASIC enforcement actions Legal,Regulation,Tax & Compliance Warning over fraudsters targeting SVS clients News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70605/warning-over-fraudsters-targeting-svs-clients Now clients of SVS have been warned a fraudulent letter is circulating claiming to be from the company's special administrators. Legal,Regulation,Tax & Compliance Bravura Wealth Management revenue up 14pc Michael Pilgrim Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70658/bravura-wealth-management-revenue-up-14pc Wealth Management FY19 EBITDA increased 17% to A$53.9m (A$46.2m in FY18). FinTech Big benefits for emerging asset managers that partner with AI-savvy service providers Michael Pilgrim Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70663/big-benefits-for-emerging-asset-managers-that-partner-with-ai-savvy-service-providers The data needs to be carefully reviewed, parsed and then processed for accurate and timely revaluation of assets FinTech NTU Singapore to develop AI-based wealth management AML capabilities News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70637/ntu-singapore-to-develop-ai-based-wealth-management-aml-capabilities An expert panel comprising executives from UBS, DBS Bank, OCBC Bank, UOB, Commercial Affairs Department, and MAS will offer guidance for the project. FinTech Results: Iress delivers stable half-year performance News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70646/results-iress-delivers-stable-half-year-performance Iress also reported that the company expects FY19 guidance to remain unchanged and in line with guidance. FinTech Robo-adviser targets ‘emerging’ wealthy individuals in Asia News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70651/robo-adviser-targets-amplsquoemergingamprsquo-wealthy-individuals-in-asia The new private wealth account also has a funds platform allowing investors to purchase products only available to professional investors. FinTech AI leaders in financial services News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70594/ai-leaders-in-financial-services Common traits of frontrunners in the artificial intelligence race FinTech Tiger Global invests $15mn in wealth management startup INDwealth News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70608/tiger-global-invests-15mn-in-wealth-management-startup-indwealth INDwealth plans to utilise the capital to build its technology, artificial intelligence and advisory team. FinTech Multi-asset expansion as Swissquote goes down the real estate route News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70612/multi-asset-expansion-as-swissquote-goes-down-the-real-estate-route Continuing its multi-asset expansion, Swissquote’s Robo-advisor service now includes ETF FinTech Swiss Fintech Startup Becomes a $1 Billion Unicorn News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70618/swiss-fintech-startup-becomes-a-1-billion-unicorn Numbrs raises $40 million as it looks to expand beyond Germany FinTech Why a Swiss private bank is embracing blockchain News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70619/why-a-swiss-private-bank-is-embracing-blockchain When news leaked out last year that it was interested in the crypto business, the enquiries started flooding in. FinTech LarrainVial enters family office industry after acquiring $650m shop News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70589/larrainvial-enters-family-office-industry-after-acquiring-650m-shop The $650 million firm was founded in 2007 by Juan Rius, who will continue as its president, and specializes in advising high net worth families. Family Office The value of managing your banking relationships by Stonehage Fleming Mitzi Limlengco Monday, August 19, 2019 1:00 am http://managersofwealth.com/article/70475/the-value-of-managing-your-banking-relationships-by-stonehage-fleming Many families have experienced precisely this problem and it has often come as a shock. Family Office The cost of a sophisticated Family Office News Aggregation Team Monday, August 19, 2019 1:00 am http://managersofwealth.com/article/70485/the-cost-of-a-sophisticated-family-office Jeremy Arnold discusses how much a liquid assets may be needed and the challenges some families face. Family Office Indian family office eyes expansion after acquisition News Aggregation Team Thursday, August 15, 2019 1:00 am http://managersofwealth.com/article/70387/indian-family-office-eyes-expansion-after-acquisition Plans to bolster its advisory platform, broaden geographical reach and improve its operating platform Family Office Citi puts bigger bet on Singapore with family offices as ace in hand News Aggregation Team Tuesday, August 13, 2019 1:00 am http://managersofwealth.com/article/70277/citi-puts-bigger-bet-on-singapore-with-family-offices-as-ace-in-hand Singapore has been very clever in the way it has attracted - and is attracting - family offices. Family Office Latest Research Reports On Family Office Market 2019 With Expected Growth Top Key Company News Aggregation Team Tuesday, August 13, 2019 1:00 am http://managersofwealth.com/article/70278/latest-research-reports-on-family-office-market-2019-with-expected-growth-top-key-company It delivers a wide range of services including objective financial counsel, trusteeship, lifestyle management, tax and estate planning, risk management, coordination of professionals, investment advice, and foundation management. Family Office Tips For Entrepreneurs Wanting To Tap Into Family Offices News Aggregation Team Tuesday, August 13, 2019 1:00 am http://managersofwealth.com/article/70306/tips-for-entrepreneurs-wanting-to-tap-into-family-offices The UHNWIs are a ballooning sector of the wealth pyramid Family Office Two Important Real Estate Lessons For The Family Office News Aggregation Team Friday, August 09, 2019 1:00 am http://managersofwealth.com/article/70213/two-important-real-estate-lessons-for-the-family-office Tax-wise, the most significant benefits available to investors are the 1031 exchange and 721 exchange. Family Office Waterfield, Dalmia Group form family office consortium News Aggregation Team Thursday, August 08, 2019 1:00 am http://managersofwealth.com/article/70180/waterfield-dalmia-group-form-family-office-consortium Founded in 2011, Waterfield works with family-owned businesses, trusts and endowments and single-family offices in several investment and non-investment-related areas. Family Office Multi Family office Market Expand to the whole world with top key vendors Kris Borres Tuesday, August 06, 2019 1:00 am http://managersofwealth.com/article/70078/multi-family-office-market-expand-to-the-whole-world-with-top-key-vendors The report systematically specializes in competitive analysis of market that discloses prime competitors concerned in marketing and marketing of market merchandise. Family Office 8 Castles That Blend the Medieval with the Modern News Aggregation Team Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70655/8-castles-that-blend-the-medieval-with-the-modern Whether the castle of your dreams is gothic, baroque, or neoclassical, these magnificent residences are exemplars of master craftsmanship that inspire with their grand proportions and timeless charm. Luxury 2020 BMW 745e xDrive Plug-In Hybrid Struggles as a Green Machine News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70643/2020-bmw-745e-xdrive-plug-in-hybrid-struggles-as-a-green-machine BMW increased the 7-series-hybrid's lithium-ion battery capacity from 9.2 to 12.0 kWh for 2020. Luxury Party like 007 – The iconic Casino Royale yacht from the 2006 James Bond hit is available for charter News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70588/party-like-007-ampndash-the-iconic-casino-royale-yacht-from-the-2006-james-bond-hit-is-available-for-charter Well, if you want to cruise in true bond style, rent the Casino Royale and take it for a luxurious spin while you can! Luxury Aston Martin will now build the perfect ultra-luxury space for you and your car collection News Aggregation Team Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70502/aston-martin-will-now-build-the-perfect-ultra-luxury-space-for-you-and-your-car-collection The British marquee’s design team has already demonstrated its prowess by creating the interior design for the 66-story Aston Martin Residences in Miami and the House of Aston Martin Aoyama in Tokyo. Luxury Tiffany is launching jewellery for men Mitzi Limlengco Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70462/tiffany-is-launching-jewellery-for-men A world of men’s jewelry, accessories, barware, home objects, games and more Luxury Drako's GTE electric supercar will be a four-motor, 1,200HP monster News Aggregation Team Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70463/drakoamp039s-gte-electric-supercar-will-be-a-four-motor-1200hp-monster It could go head-to-head with the most powerful cars on the planet. Luxury Best Watch Brands For Women CEOs News Aggregation Team Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70464/best-watch-brands-for-women-ceos The sparkling version of their women’s watch is a fantastic brand and adds much pep to the overall outfit. Luxury Graff’s newest watch is stitched with diamond ‘thread’ News Aggregation Team Friday, August 16, 2019 1:00 am http://managersofwealth.com/article/70402/graffamprsquos-newest-watch-is-stitched-with-diamond-amplsquothreadamprsquo The latest accessory forms part of the Threads jewelry collection and is quite unlike anything else that we have seen before. Luxury How Hermès Won China’s Heart News Aggregation Team Friday, August 16, 2019 1:00 am http://managersofwealth.com/article/70427/how-hermampegraves-won-chinaamprsquos-heart As Brian Sumers from Skiftstates, “at its core, Hermès is still mostly an old-style retail operation that focuses on the human element,” and the brand is well aware of their status. Luxury Get your hands on the last 330 bottles of The John Walker, Last Cask as the Iconic series ends News Aggregation Team Thursday, August 15, 2019 1:00 am http://managersofwealth.com/article/70365/get-your-hands-on-the-last-330-bottles-of-the-john-walker-last-cask-as-the-iconic-series-ends We are bringing you another coveted limited-edition range of premium John Walker scotch whiskey. Luxury Fat cat bosses lap up £100,000 perks as private jet allowances, school fees and accountant’s bills are all covered News Aggregation Team Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70666/fat-cat-bosses-lap-up-amppound100000-perks-as-private-jet-allowances-school-fees-and-accountantamprsquos-bills-are-all-covered UK’s 100 largest public companies paid bosses over million in taxable ‘benefits’ Extremely Wealthy Billionaire easyHotel Founder Loses Fight Against Fund ‘Trying To Steal’ His Hotel Company News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70621/billionaire-easyhotel-founder-loses-fight-against-fund-amplsquotrying-to-stealamprsquo-his-hotel-company Last week, ICAMAP fund teamed up with Canadian pension fund Ivanhoe Cambridge for a takeover bid valuing easyHotel at $168 million (£138.7 million), and built up its own stake to in excess of 44%. Extremely Wealthy Producer and Philanthropist Terry Allen Kramer’s Collection Heads to Auction News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70624/producer-and-philanthropist-terry-allen-krameramprsquos-collection-heads-to-auction Some impressionist and modern paintings from Kramer’s collection will be offered during the day sale on Nov. 12. Extremely Wealthy Filipino Environmentalist And Philanthropist Gina Lopez Left The World After A Long Time Illness News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70595/filipino-environmentalist-and-philanthropist-gina-lopez-left-the-world-after-a-long-time-illness She died of multiple organ failure related to the disease at Makati Medical center. Extremely Wealthy Indians pawning the family gold amid credit crunch News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70610/indians-pawning-the-family-gold-amid-credit-crunch The trend, which has prompted some lenders to impose restrictions as risks and borrowing costs rise, has been accelerated by record gold prices. Extremely Wealthy Hong Kong billionaire tycoons call for end to protests as unrest affects their profits News Aggregation Team Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70496/hong-kong-billionaire-tycoons-call-for-end-to-protests-as-unrest-affects-their-profits The net worth of the 10 wealthiest tycoons, who derive their fortune from Hong Kong-listed companies, has shed billions since the protests started in June Extremely Wealthy How Asia Can Protect Its Crazy Riches News Aggregation Team Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70443/how-asia-can-protect-its-crazy-riches Exporting capital to the West hit the region hard in past downturns. This time needs to be different. Extremely Wealthy Queen Elizabeth: What does the monarch really get up to when travelling by plane? News Aggregation Team Friday, August 16, 2019 1:00 am http://managersofwealth.com/article/70429/queen-elizabeth-what-does-the-monarch-really-get-up-to-when-travelling-by-plane The rest of the Royal Family travel on scheduled flights if possible, while the private charters the family fly in vary depending on the distance and the size of the party. Extremely Wealthy Lux Realtor: Hong Kong’s Wealthy Fleeing to Avoid China News Aggregation Team Thursday, August 15, 2019 1:00 am http://managersofwealth.com/article/70362/lux-realtor-hong-kongamprsquos-wealthy-fleeing-to-avoid-china Mermelstein’s underlined that some of his Hong Kong clients were first-generation mainland Chinese immigrants seeking stability but are now keen to distance themselves from China to protect their wealth and families. Extremely Wealthy Super-Rich Smell Crisis Coming News Aggregation Team Wednesday, August 14, 2019 1:00 am http://managersofwealth.com/article/70335/super-rich-smell-crisis-coming The wealthy's cash piles represent a huge problem for private banks: they in turn get charged an increasingly high rate to park funds by the central bank. Extremely Wealthy The Rarities and Oddities of a Vanished World News Aggregation Team Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70660/the-rarities-and-oddities-of-a-vanished-world It’s fair to say that images of sporting have a relatively marginal place in our art world. Comment & Analysis Asia’s Richest Families: The 20 Clans That Control $450 Billion News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70626/asiaamprsquos-richest-families-the-20-clans-that-control-450-billion Hong Kong, which gave rise to six of the biggest family fortunes, has one of the widest wealth gaps. Comment & Analysis Ex-bankers turn passion into business News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70628/ex-bankers-turn-passion-into-business Grant Ashton and Lelian Chew are two ex-bankers who created lifestyle concepts out of their love for wine and roses Comment & Analysis Danish bank announces negative interest rates for millionaire saving accounts News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70631/danish-bank-announces-negative-interest-rates-for-millionaire-saving-accounts Rich will lose money to lender each year Comment & Analysis The One Job in Banking the Robots Can’t Take News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70632/the-one-job-in-banking-the-robots-canamprsquot-take The wave of scandals—at Denmark’s Danske Bank A/S, Deutsche Bank AG, and others—is undermining confidence in the industry well beyond the individual institutions involved. Comment & Analysis Guernsey has reason to be optimistic Mitzi Limlengco Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70636/guernsey-has-reason-to-be-optimistic Global optimism was a net 39%, 15% down on where the sentiment was in the summer of 2018, and the weakest optimism score since Q4 2016. Comment & Analysis 6 High-End Products for Your Home That Are Worth the Money News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70587/6-high-end-products-for-your-home-that-are-worth-the-money If you’re more cautious and want to get an expert opinion before buying, check out Housemethod.com for guides, resources, and reviews on top products to help you decide if a product in mind is right for you and your needs. Comment & Analysis How to invest in Africa’s future News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70590/how-to-invest-in-africaamprsquos-future For the most part Canadian have stayed away from pursuing opportunities in Africa. Comment & Analysis Why Families Should Bring Business Practice Into Their Philanthropic Ventures News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70615/why-families-should-bring-business-practice-into-their-philanthropic-ventures To ensure the family is affecting real change through their projects, Lavender said he uses a hands-on approach to evaluate progress and safeguard the project’s success. Comment & Analysis Why banking is often a balancing act News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70558/why-banking-is-often-a-balancing-act Catering for UHNW clients leads us to work closely with many family offices. Comment & Analysis Vulcan Capital Expands into Asia; Opens Singapore Office Kris Borres Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70549/vulcan-capital-expands-into-asia-opens-singapore-office Investment returns generated by Vulcan Capital go towards Vulcan's philanthropic efforts in the region and around the world Alternative Investments World’s first vegan ETF prepares to hit markets News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70568/worldamprsquos-first-vegan-etf-prepares-to-hit-markets Our ETF offers them the opportunity to invest in line with their values. Alternative Investments Super deluxe student accommodation for wealthy parents News Aggregation Team Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70450/super-deluxe-student-accommodation-for-wealthy-parents “True luxury … see the space where your memories will be made” boasts the developers of True Glasgow’s West End student hall. Alternative Investments Cetera Financial Group adds 1,000 advisers, $19 billion in assets so far in 2019 News Aggregation Team Thursday, August 15, 2019 1:00 am http://managersofwealth.com/article/70357/cetera-financial-group-adds-1000-advisers-19-billion-in-assets-so-far-in-2019 The broker-dealer network is adding both new and experienced advisers Alternative Investments SS&C GlobeOp Hedge Fund Performance Index at 0.42 per cent in July Kris Borres Thursday, August 15, 2019 1:00 am http://managersofwealth.com/article/70393/ssampampc-globeop-hedge-fund-performance-index-at-042-per-cent-in-july The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. Alternative Investments Hana Financial Teams Up to buy Vienna Hilton for €370M News Aggregation Team Tuesday, August 13, 2019 1:00 am http://managersofwealth.com/article/70321/hana-financial-teams-up-to-buy-vienna-hilton-for-ampeuro370m The acquisition of the 571 room property, which is the largest hotel in Austria and the third-largest Hilton hotel in Europe, comes just one month after a pair of transactions in Europe saw real estate assets valued at more than $1 billion snapped up by K Alternative Investments German fund digs Dublin campus News Aggregation Team Monday, August 12, 2019 1:00 am http://managersofwealth.com/article/70232/german-fund-digs-dublin-campus Point Campus is on the Luas red line and rents start at €230 per week for a 51-week booking, or €240 per week for 40 weeks. Alternative Investments Praemium posts 25% growth in FUA News Aggregation Team Monday, August 12, 2019 1:00 am http://managersofwealth.com/article/70245/praemium-posts-25-growth-in-fua Driven by platform revenues, which were up by 25 per cent Alternative Investments Labuan and Swiss Re partner on event to drive captives in Asia News Aggregation Team Monday, August 12, 2019 1:00 am http://managersofwealth.com/article/70264/labuan-and-swiss-re-partner-on-event-to-drive-captives-in-asia Mah said that captives remain a vital business segment in Labuan IBFC Alternative Investments Almost half of large hedge fund managers see AUM decline in 2018 – report News Aggregation Team Friday, August 09, 2019 1:00 am http://managersofwealth.com/article/70195/almost-half-of-large-hedge-fund-managers-see-aum-decline-in-2018-ampndash-report Analysis of the managers' 2017 and 2018 Form ADV submissions to the Securities and Exchange Commission found 74% of equity managers experienced declines in regulatory AUM in 2018 Alternative Investments McLaren has introduced a $15k bespoke luggage set designed specifically for GT Michael Pilgrim Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70653/mclaren-has-introduced-a-15k-bespoke-luggage-set-designed-specifically-for-gt All the bags are made using the same leather and stitching you’ll find in the interior of a McLaren GT. Extremely Expensive These three reasons are what makes a Porsche a true luxury car Michael Pilgrim Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70654/these-three-reasons-are-what-makes-a-porsche-a-true-luxury-car A luxury car should look the part, sound the part, and even feel the part. In terms of looks, the Porsche Panamera and Cayenne certainly fit the bill. Extremely Expensive World's Rarest Classic Ferrari News Aggregation Team Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70656/worldamp039s-rarest-classic-ferrari Only 46 ever produced, models like this 1962 Ferrari 400 Superamerica Series I Coupe Aerodinamico were famed for their bespoke commissioned editions. This model retains its original finishing and interiors. Extremely Expensive Inside the Cessna jet-set (and how to join it, yourself) News Aggregation Team Sunday, August 25, 2019 1:00 am http://managersofwealth.com/article/70661/inside-the-cessna-jet-set-and-how-to-join-it-yourself Because for a growing class of private-jet-setters... Extremely Expensive Of Bids and Millions: A 125-year-old dime goes under the hammer for $1.32 million News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70552/of-bids-and-millions-a-125-year-old-dime-goes-under-the-hammer-for-132-million The exciting part is the value of this anachronistic and rare dime; it went under the hammer for a monstrous $1.3 million. Extremely Expensive A Houston hotel is offering a $1 million stay package and this one get you your own Bentley News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70553/a-houston-hotel-is-offering-a-1-million-stay-package-and-this-one-get-you-your-own-bentley The package celebrates the opening of The Cellar, a private dining experience with an impressive wine collection, currently valued at $3.5million, and consists of more than 30,000 bottles sourced from 24 countries. Extremely Expensive £6.5M Belgravia house has planning for £12m mansion News Aggregation Team Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70525/amppound65m-belgravia-house-has-planning-for-amppound12m-mansion The current property, with planning permission scheme is for sale for £6,500,000 Extremely Expensive A Scottish Castle in Perfect Condition Is On Sale for $9.7 Million News Aggregation Team Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70532/a-scottish-castle-in-perfect-condition-is-on-sale-for-97-million Seton Castle, a country house designed by famed architect Robert Adam, has just hit the market. Extremely Expensive How Tesla and Mercedes-Benz are focusing on in-car video gaming for self-drive vehicles News Aggregation Team Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70534/how-tesla-and-mercedes-benz-are-focusing-on-in-car-video-gaming-for-self-drive-vehicles American electric vehicle maker adds two new games to last year’s offerings, while German marque launches challenge for people to create in-car games of the future Extremely Expensive Da Vinci mystery: 'Abandoned' angel and Christ discovered beneath masterpiece News Aggregation Team Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70442/da-vinci-mystery-amp039abandonedamp039-angel-and-christ-discovered-beneath-masterpiece In the abandoned composition both figures are positioned higher up, while the angel, facing out, is looking down on the Infant Christ with what appears to be a much tighter embrace. Extremely Expensive Swiss Private Banking in Critical Condition Ana Hall Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70616/swiss-private-banking-in-critical-condition Bigger is better in the quest for success Research SS&C GlobeOp Forward Redemption Indicator Kris Borres Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70571/ssampampc-globeop-forward-redemption-indicator SS&C GlobeOp Forward Redemption Indicator: August notifications 3.41% Research Climate change will cripple economies regardless of countries' wealth: report News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70573/climate-change-will-cripple-economies-regardless-of-countriesamp039-wealth-report “Trains aren’t running, people aren’t coping, and therefore productivity and economic growth falls.” Research Fintech mega-deals lead to record-breaking $120 billion transaction value Mitzi Limlengco Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70515/fintech-mega-deals-lead-to-record-breaking-120-billion-transaction-value Hampleton Partners, which specialises in international technology M&A and corporate finance, noted that all three of the top transactions were in the payments processing segment Research Caribbean Citizenship by Investment Tops New 2019 CBI Index Yet Again Mitzi Limlengco Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70539/caribbean-citizenship-by-investment-tops-new-2019-cbi-index-yet-again Overall, the central industry trends of transparency, experience, and enhanced security saw the Caribbean nations carry their success from past years into 2019, outperforming their peers in five out of seven pillars. Research More Thais joining the ranks of the rich News Aggregation Team Monday, August 19, 2019 1:00 am http://managersofwealth.com/article/70471/more-thais-joining-the-ranks-of-the-rich Thailand's gross domestic product (GDP) expanded 4 per cent last year and it is forecast to expand 3.7 per cent this year. "Growth is here," Magnenat said. Research The characteristics and incomes of the top 1% Mitzi Limlengco Monday, August 19, 2019 1:00 am http://managersofwealth.com/article/70480/the-characteristics-and-incomes-of-the-top-1 At the same time 18 per cent of the highest income tax payers in the UK derived their main income from being members of a partnership, either a limited liability partnership (LLP) or other types. Research The demographic divide Mitzi Limlengco Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70451/the-demographic-divide The faster solution to these demographic challenges is to raise the retirement age. Research Distribution of wealth in cryptocurrencies Ana Hall Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70466/distribution-of-wealth-in-cryptocurrencies The rationality behind this is that the single number (index or coefficient) gives us the ability to compare one country to another in terms of how evenly the wealth is distributed across the population. Research Wealth Management Super League Market Ana Hall Friday, August 16, 2019 1:00 am http://managersofwealth.com/article/70412/wealth-management-super-league-market This will have a significant influence on wealth managers’ financial performance, as they struggle with decreasing margins and growing regulatory and restructuring costs. Research Cathay Pacific First Class: Everything You Need To Know News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70650/cathay-pacific-first-class-everything-you-need-to-know First class on Cathay Pacific is reserved for the airline's longest flights: here's your guide to making the most of it. Executive Travel British Airways attempts to turn waste into jet fuel News Aggregation Team Thursday, August 22, 2019 1:00 am http://managersofwealth.com/article/70602/british-airways-attempts-to-turn-waste-into-jet-fuel The proposed state-of-the-art plant would take over half-a-million tonnes each year of non-recyclable everyday household and commercial solid waste destined for landfill or incineration such as meal packaging, nappies and takeaway coffee cups and convert Executive Travel Dubai to welcome a new tower that will have an astounding 254 floating swimming pools News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70551/dubai-to-welcome-a-new-tower-that-will-have-an-astounding-254-floating-swimming-pools By the looks of it, from the pictures, this means that you will not only get a 200-degree view of Dubai’s skyline but also a generous view of the poolside from your neighbours downstairs. Executive Travel 7 Little Things You'll Love About BA's New Club Suites Business Class News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70580/7-little-things-youamp039ll-love-about-baamp039s-new-club-suites-business-class The longer you've been putting up with Club World, the more you'll appreciate some of the smaller Club Suite wins. Executive Travel AIDA ‘electrifies’ its fleet and more Ana Hall Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70582/aida-amplsquoelectrifiesamprsquo-its-fleet-and-more The Norwegian-Canadian company Corvus Energy is one of the most renowned suppliers of marine batteries and is considered a pioneer in the development of maritime energy storage systems. Executive Travel Get a glimpse of Antartica in utmost luxury onboard this super yacht News Aggregation Team Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70501/get-a-glimpse-of-antartica-in-utmost-luxury-onboard-this-super-yacht The trip of a lifetime includes gallivanting across snow-laden landscapes on board the 77.4-meter private superyacht, Legend Executive Travel Private planes: “Convenience, comfort and time-efficiency” Ana Hall Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70441/private-planes-ampldquoconvenience-comfort-and-time-efficiencyamprdquo The veteran banker recently sat down with BBVA to discuss private plane financing, and the topics that come with it. Executive Travel Complete with a bedroom, shower, lounge and more – The Japanese Air Force One is one sale for $28 million News Aggregation Team Sunday, August 18, 2019 1:00 am http://managersofwealth.com/article/70457/complete-with-a-bedroom-shower-lounge-and-more-ampndash-the-japanese-air-force-one-is-one-sale-for-28-million According to the listing, the Japanese Air Force One has made only 13,569 landings and accrued just 16,332 hours of flight time Executive Travel FAA Bans MacBook Pro Laptops With Recalled Batteries from Flights News Aggregation Team Friday, August 16, 2019 1:00 am http://managersofwealth.com/article/70410/faa-bans-macbook-pro-laptops-with-recalled-batteries-from-flights The ban affects 15-inch MacBook Pros whose batteries were recalled by Apple in June due to potential fire risk. Executive Travel The hottest holiday destinations for billionaires in 2019 News Aggregation Team Friday, August 16, 2019 1:00 am http://managersofwealth.com/article/70406/the-hottest-holiday-destinations-for-billionaires-in-2019 They based this ranking on the number of bookings and performance; the latter was assessed by feedback, their expertise, and client inquiries. Executive Travel Climate change threats ignored by most Southeast Asian banks News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70633/climate-change-threats-ignored-by-most-southeast-asian-banks Of the 35 banks assessed, only four, all headquartered in Singapore or Thailand, met at least half of the criteria used in the study ESG UBS hires Bank of England adviser in sustainable finance push News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70635/ubs-hires-bank-of-england-adviser-in-sustainable-finance-push Former Schroders and Morgan Stanley executive to chair new committee and head investor relations ESG The Dutch Family Cleaning Up Sustainable Investments in East Africa News Aggregation Team Friday, August 23, 2019 1:00 am http://managersofwealth.com/article/70641/the-dutch-family-cleaning-up-sustainable-investments-in-east-africa The undisclosed investment aimed to boost the two-year-old Kenyan tech-enabled startup’s processing capacity to produce higher value recycled products in larger volumes to supply consumer goods companies. ESG Opinion: How to make sure your ESG fund does what you think it does News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70575/opinion-how-to-make-sure-your-esg-fund-does-what-you-think-it-does A guide to understanding the linguistic anarchy around responsible investing ESG Can sustainable business really save the world? News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70579/can-sustainable-business-really-save-the-world Time is running out to decarbonise the world’s economies. ESG Your Climate Change Survival Plan News Aggregation Team Wednesday, August 21, 2019 1:00 am http://managersofwealth.com/article/70581/your-climate-change-survival-plan Unless you’ve booked passage to Mars, it’s time to consider the unimaginable ESG ESG investing: trends and challenges News Aggregation Team Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70527/esg-investing-trends-and-challenges The biggest challenge for ESG investors is the absence of standardized ESG regulations. ESG Asset Management and Climate Change by Blythe Logan Mitzi Limlengco Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70528/asset-management-and-climate-change-by-blythe-logan A 2015 study from the Economist Intelligence Unit estimated that losses in global total stock of manageable assets at risk due to climate change could range from $4.2tn to $43tn between now and the end of the century ESG As the climate crisis intensifies, lawsuits aimed at slowing greenhouse gas emissions are on the rise News Aggregation Team Tuesday, August 20, 2019 1:00 am http://managersofwealth.com/article/70529/as-the-climate-crisis-intensifies-lawsuits-aimed-at-slowing-greenhouse-gas-emissions-are-on-the-rise While most climate lawsuits have been filed in the United States, new lawsuits in places like Pakistan, India, Indonesia, South Africa, Colombia and Brazil have expanded the geographic reach of climate litigation, a new report has found. ESG Sandaire Real Estate Update Mitzi Limlengco Monday, August 19, 2019 1:00 am http://managersofwealth.com/article/70473/sandaire-real-estate-update The team also take a look at Environmental, Social and Governance (ESG) and how it relates to Real Estate investments. ESG