Managers of Wealth http://managersofwealth.com/ Sun, 25 Feb 2018 19:16:04 GMT part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Coutts profits up 50 percent News Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57658/coutts-profits-up-50-percent It has been a particularly strong year and I want to continue this momentum in to 2018 as we strive to achieve our aim of becoming the best private bank in the UK.” Wealth and Asset Management LLB Buys Swiss Fund Company News Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57659/llb-buys-swiss-fund-company The acquisition of LB(Swiss) Investment Ltd will provide the LLB Group with access to the attractive Swiss fund market. Wealth and Asset Management St. James’s Place Asia introduces HK discretionary managed account News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57663/st-jamesamprsquos-place-asia-introduces-hk-discretionary-managed-account Key benefits of a discretionary managed account include rigorous portfolio management for swift . Wealth and Asset Management CIBC's PrivateBank Takeover Helps It Avoid Being ‘Too Canadian’ News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57665/cibcamp039s-privatebank-takeover-helps-it-avoid-being-amplsquotoo-canadianamprsquo “performing very well, and they in the longer term are going to be a very important part of our story," Wealth and Asset Management CIBC Canadian wealth unit net income rises 14% in Q1 News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57671/cibc-canadian-wealth-unit-net-income-rises-14-in-q1 Overall, the banking group reported net income of C$1.33bn for the first quarter of fiscal 2018, down 5% from C$1.41bn in the corresponding year ago quarter. Wealth and Asset Management Zookeepers to Bentleys: the best private bank client perks News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57672/zookeepers-to-bentleys-the-best-private-bank-client-perks Exclusive and invite-only are the key words when it comes to private banks offering perks to their high net worth clients. Wealth and Asset Management Van Lanschot Kempen: strong results driven by successful strategy implementation News Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57625/van-lanschot-kempen-strong-results-driven-by-successful-strategy-implementation The takeover of the wealth management activities of UBS in the Netherlands was our third successful acquisition in as many years. Wealth and Asset Management Rathbone Brothers full year pretax profit up 17.6 percent News Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57631/rathbone-brothers-full-year-pretax-profit-up-176-percent It covers the year ended 31 December 2017. Wealth and Asset Management Monaco resident is among the winners of the International Philanthropy Summit News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57633/monaco-resident-is-among-the-winners-of-the-international-philanthropy-summit This prize recognizes the diversity of talent, ideas and excellence across the world of philanthropy and drives public attention to social responsibility of wealthy individuals and luxury brands. Wealth and Asset Management Rathbones to expand financial planning presence News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57632/rathbones-to-expand-financial-planning-presence Howell said he was 'encouaraged' that the long term goal of reaching £40 billion in assets under management was in sight. Wealth and Asset Management President of Tezos Swiss foundation steps down News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57660/president-of-tezos-swiss-foundation-steps-down The Breitmans control the Tezos technology through their Delaware-based company, while the foundation controls the funds raised. Executive Moves SIX Trading Watchdog Exits News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57662/six-trading-watchdog-exits A SIX spokesman confirmed that Bibler had left the firm due to «differing views of the role,» without elaborating. Executive Moves Barclays Wealth Management targets Scottish growth with new appointment News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57666/barclays-wealth-management-targets-scottish-growth-with-new-appointment Alexandra Mancini joins from Tilney Executive Moves Banque Cramer announces two senior hires News Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57669/banque-cramer-announces-two-senior-hires Elvan Cetinel-Walker Swiss citizen, started her carrier in Istanbul in 1989. Executive Moves Alpha FMC names Michael Chaille as executive director News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57614/alpha-fmc-names-michael-chaille-as-executive-director Alpha FMC has focused on growing its presence in UK, US, and Europe over the past few years, but now plans to expand in Asia, particularly Singapore and Hong Kong, according to Euan Fraser, its global chief executive officer. Executive Moves Headcount Hike at Deutsche Wealth News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57605/headcount-hike-at-deutsche-wealth She was previously with HSBC private bank in Singapore from 1999 Executive Moves Brooks Macdonald poaches Brewin Dolphin finance head News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57607/brooks-macdonald-poaches-brewin-dolphin-finance-head His fresh insight and broad industry perspective will be invaluable as we build on the company's success to date and capture the opportunities we see in our next phase of growth Executive Moves SS&C Names Joseph J. Frank as Group General Counsel, Chief Legal Officer and Global Head of Mergers & Acquisitions News Team Tuesday, February 20, 2018 12:00 am http://managersofwealth.com/article/57599/ssampampc-names-joseph-j-frank-as-group-general-counsel-chief-legal-officer-and-global-head-of-mergers-ampamp-acquisitions Mr. Frank's experience includes having tried cases to jury verdict in both federal and state court, and having advised boards of directors and special committees in numerous acquisitions, divestitures and business combinations. Executive Moves Ex-Intrinsic CEO Freeman to retire from Old Mutual Wealth News Aggregation Team Tuesday, February 20, 2018 12:00 am http://managersofwealth.com/article/57590/ex-intrinsic-ceo-freeman-to-retire-from-old-mutual-wealth In June Executive Moves UBS Wealth bolsters Leeds office with Barclays hire News Aggregation Team Monday, February 19, 2018 12:00 am http://managersofwealth.com/article/57550/ubs-wealth-bolsters-leeds-office-with-barclays-hire The expansion of the Leeds office comes after UBS announced plans to double its headcount in Edinburgh and relocated to new premises. Executive Moves Credit Suisse in Venezuelan Scandal News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57661/credit-suisse-in-venezuelan-scandal The news comes as Venezuelans struggle with extreme shortages of essentials like food and medicine. Legal,Regulation,Tax & Compliance Macquarie Private Wealth accused of 'pumping and dumping' Cleveland Mining stock News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57622/macquarie-private-wealth-accused-of-amp039pumping-and-dumpingamp039-cleveland-mining-stock The allegations were made during the morning session of hearings that featured Cleveland Mining managing director David Mendalawitz, board member Glenn Simpson and private investor Brendan James. Legal,Regulation,Tax & Compliance Time Running Out For Offshore Tax Dodgers News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57629/time-running-out-for-offshore-tax-dodgers RTC has no minimum cut-off value, so all taxpayers with unpaid offshore tax need to make a disclosure. Legal,Regulation,Tax & Compliance Digital currencies inquiry launched News Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57646/digital-currencies-inquiry-launched It will examine the potential impact of distributed ledger technology – such as blockchain – on financial institutions, including the central bank, and financial infrastructure. Legal,Regulation,Tax & Compliance Supreme court narrows whistleblower protections under dodd frank News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57648/supreme-court-narrows-whistleblower-protections-under-dodd-frank The Court’s opinion in Digital Realty v. Somers[2] resolved a circuit split between the Ninth and Second Circuits, on the one hand, which had agreed with the SEC’s interpretation, and the Fifth Circuit, on the other. Legal,Regulation,Tax & Compliance Appleby advises Butterfield in connection with its acquisition of Deutsche Bank's Global Trust Solutions business News Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57653/appleby-advises-butterfield-in-connection-with-its-acquisition-of-deutsche-bankamp039s-global-trust-solutions-business It also provides us with a physical presence in Asia, which we view as a growth market for Butterfield. Legal,Regulation,Tax & Compliance HSBC’s Swiss private bank faces $1.5bn fine for alleged tax evasion News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57656/hsbcamprsquos-swiss-private-bank-faces-15bn-fine-for-alleged-tax-evasion The bank has set aside $604m to settle the probes and said it is cooperating with authorities. Legal,Regulation,Tax & Compliance Indian police arrest sixth bank official in $1.8b fraud case News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57608/indian-police-arrest-sixth-bank-official-in-18b-fraud-case The branch is at the center of the alleged fraud involving firms tied to diamond merchants Nirav Modi Legal,Regulation,Tax & Compliance How to Hide a Russian Fortune on the French Riviera News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57613/how-to-hide-a-russian-fortune-on-the-french-riviera Next month, the European Union is due to review this blacklist. Legal,Regulation,Tax & Compliance FCA calls for help embracing regtech News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57627/fca-calls-for-help-embracing-regtech To aid regulatory reporting Legal,Regulation,Tax & Compliance Kasikornbank taps Avaloq to power private banking business News Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57630/kasikornbank-taps-avaloq-to-power-private-banking-business The project will be Avaloq’s first in Thailand, strengthening its position in the APAC region. FinTech Robo-adviser raises $51 million to expand service News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57644/robo-adviser-raises-51-million-to-expand-service It currently manages $1.45 billion for more than 65,000 clients in the three markets it operates in. FinTech FundCount Wins Best Client Accounting and Best Client Communications at the WealthBriefing Swiss Awards News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57619/fundcount-wins-best-client-accounting-and-best-client-communications-at-the-wealthbriefing-swiss-awards Judges awarded FundCount Best Client Accounting based on the company’s “ability to produce investment and ledger accounting, analysis and support for many securities with great efficiency. FinTech Citi Private Bank explores blockchain for clearing and settlement News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57620/citi-private-bank-explores-blockchain-for-clearing-and-settlement The bank does not offer cryptocurrency trading opportunities at present, but has received interest from clients. FinTech Switzerland Embraces Cryptocurrencies Amid Global Crackdown News Aggregation Team Tuesday, February 20, 2018 12:00 am http://managersofwealth.com/article/57567/switzerland-embraces-cryptocurrencies-amid-global-crackdown “The application of blockchain technology has innovative potential within and far beyond the financial markets." FinTech Swiss Fintech firm to bid for U.K. company News Team Tuesday, February 20, 2018 12:00 am http://managersofwealth.com/article/57582/swiss-fintech-firm-to-bid-for-uk-company There can be no certainty that any offer will ultimately be made for Fidessa. FinTech BBVA Switzerland implements DocuSign tech News Team Tuesday, February 20, 2018 12:00 am http://managersofwealth.com/article/57589/bbva-switzerland-implements-docusign-tech BBVA Switzerland is the first private banking organisation to adopt DocuSign in Europe. FinTech Fidessa agrees takeover bid from Swiss banking software company News Team Tuesday, February 20, 2018 12:00 am http://managersofwealth.com/article/57604/fidessa-agrees-takeover-bid-from-swiss-banking-software-company Analysts at Berenberg said the deal was consistent with Temenos’s strategy of expanding outside of core banking. FinTech Five top centres of innovation in financial tech News Aggregation Team Monday, February 19, 2018 12:00 am http://managersofwealth.com/article/57528/five-top-centres-of-innovation-in-financial-tech Leading fintech cities, including London and Berlin, should not be complacent because there are emerging centres of excellence snapping at their heels FinTech A growing role for digital in HNW life insurance News Aggregation Team Friday, February 16, 2018 12:00 am http://managersofwealth.com/article/57489/a-growing-role-for-digital-in-hnw-life-insurance The area where technology has made the most in-roads into the insurance space is communication. FinTech What family offices want from alternative investment managers News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57642/what-family-offices-want-from-alternative-investment-managers Managers who can adapt their prospecting tactics stand a better chance of winning a partnership with these prized investors. Family Office What a multi-billion dollar family office wants from its external managers News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57640/what-a-multi-billion-dollar-family-office-wants-from-its-external-managers "Managers need to be aware that it's more than just taking our capital and giving us quarterly reports,” the principal says. Family Office Many family offices are complex but not necessarily sophisticated News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57641/many-family-offices-are-complex-but-not-necessarily-sophisticated One thing Woodson and his colleague Edward Marshall, a director in the bank’s global family office group, would say it that family offices have certainly become more complicated. Family Office Family office report: top investment picks of Chile’s private wealth firms News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57611/family-office-report-top-investment-picks-of-chileamprsquos-private-wealth-firms A Chilean firm has surveyed local family offices to find their investment preferences. Family Office Optimising superyacht management structures News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57612/optimising-superyacht-management-structures What is the ideal model for the optimal flow of communication between the key parties managing a superyacht? Family Office How Families Can Preserve Their Wealth in a Changing World News Aggregation Team Monday, February 05, 2018 12:00 am http://managersofwealth.com/article/57242/how-families-can-preserve-their-wealth-in-a-changing-world Many of today’s ultra-wealth holders are tech-savvy Family Office Citi Private Bank Releases Comprehensive Guide for Successful Family Office Formation and Governance News Team Wednesday, January 31, 2018 12:00 am http://managersofwealth.com/article/57166/citi-private-bank-releases-comprehensive-guide-for-successful-family-office-formation-and-governance The comprehensive guide draws on this knowledge to provide a framework for future family offices in their formation and governance. Family Office The Three Biggest Mistakes PE Firms Make Working With Single-Family Offices and the Super-Rich News Aggregation Team Tuesday, January 30, 2018 12:00 am http://managersofwealth.com/article/57147/the-three-biggest-mistakes-pe-firms-make-working-with-single-family-offices-and-the-super-rich “Single-family offices and the extremely wealthy have a number of reasons for being unhappy with private equity firms even when investment results are solid" Family Office PAM Awards: Mack International Receives 6th Nomination for Best Family Office Consulting Firm News Team Thursday, January 25, 2018 12:00 am http://managersofwealth.com/article/57053/pam-awards-mack-international-receives-6th-nomination-for-best-family-office-consulting-firm Ms. Mack has built her career serving family offices, family investment firms and family enterprises Family Office Signature Family Wealth Advisors Nabs Massey Family Office News Aggregation Team Wednesday, January 24, 2018 12:00 am http://managersofwealth.com/article/57015/signature-family-wealth-advisors-nabs-massey-family-office In the event, Massey and his family members decided a commercial partner -- specifically Signature Family Wealth Advisors, a multifamily office -- best met these needs. Family Office 5 Record Breaking Gemstones Even Billionaires Can’t Buy News Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57679/5-record-breaking-gemstones-even-billionaires-canamprsquot-buy After all, records were made to be broken. Luxury Thailand Yachting faces barriers to growth News Aggregation Team Tuesday, February 20, 2018 12:00 am http://managersofwealth.com/article/57580/thailand-yachting-faces-barriers-to-growth Relatively low income per capita and less-than-favourable taxes are keeping the sector down Luxury Millennials inject new vigor into China's luxury market News Aggregation Team Tuesday, February 13, 2018 12:00 am http://managersofwealth.com/article/57418/millennials-inject-new-vigor-into-chinaamp039s-luxury-market Purchases of high-end cosmetics and jewelry grew nearly 30% last year Luxury Pinault looks ahead at Louis Vuitton as Gucci grows News Aggregation Team Tuesday, February 13, 2018 12:00 am http://managersofwealth.com/article/57427/pinault-looks-ahead-at-louis-vuitton-as-gucci-grows Results show large part of Kering’s performance driven by luxury label Luxury Saudi Ritz Reopens After Stint as Gilded Prison of Princes News Aggregation Team Sunday, February 11, 2018 12:00 am http://managersofwealth.com/article/57382/saudi-ritz-reopens-after-stint-as-gilded-prison-of-princes The detainees were removed from the hotel two weeks ago, most released after cutting a deal with the authorities or being exonerated Luxury Year Of The Dog: How Are Luxury Brands Ushering In Chinese New Year? News Aggregation Team Sunday, February 11, 2018 12:00 am http://managersofwealth.com/article/57413/year-of-the-dog-how-are-luxury-brands-ushering-in-chinese-new-year Designer Alessandro Michele has always had a penchant for incorporating animal prints or elements in his designs for Gucci. Luxury 10 luxury hotels around the world where the ultra rich love to stay News Aggregation Team Friday, February 09, 2018 12:00 am http://managersofwealth.com/article/57355/10-luxury-hotels-around-the-world-where-the-ultra-rich-love-to-stay There are hotels, and then there are luxury hotels favored by the ultra rich. Luxury New-build luxury London homes could outlast existing properties on the market News Aggregation Team Friday, February 09, 2018 12:00 am http://managersofwealth.com/article/57360/new-build-luxury-london-homes-could-outlast-existing-properties-on-the-market The CLPPI also predicts that luxury property prices in London are likely to stagnate for the next two years but rise quickly from 2020 as the housing market recovers. Luxury A $30 Million Bugatti Is Named ‘Best of the Best’ Vintage Car News Aggregation Team Friday, February 09, 2018 12:00 am http://managersofwealth.com/article/57414/a-30-million-bugatti-is-named-amplsquobest-of-the-bestamprsquo-vintage-car At the annual best-of competition, the 1936 model was chosen from among eight classic options. Luxury Michael Kors Holdings Limited Announces Third Quarter Fiscal 2018 Results News Team Wednesday, February 07, 2018 12:00 am http://managersofwealth.com/article/57330/michael-kors-holdings-limited-announces-third-quarter-fiscal-2018-results Exceeds Third Quarter Guidance; Raises Full Year Outlook Luxury Bill Gates has paid over $10 billion in taxes but says he should pay more News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57675/bill-gates-has-paid-over-10-billion-in-taxes-but-says-he-should-pay-more It was not a progressive tax bill, it was a regressive tax bill Extremely Wealthy Classic cars and fine wine have been generating nice returns for the ultra rich News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57621/classic-cars-and-fine-wine-have-been-generating-nice-returns-for-the-ultra-rich Billionaire bond investor Bill Gross, the co-founder of Pimco who now runs the Janus Henderson Global Unconstrained Bond fund, recently put his famed stamp collection worth north of $9 million on the auction block. Extremely Wealthy Nirav Modi fraud investigation makes first arrests News Aggregation Team Monday, February 19, 2018 12:00 am http://managersofwealth.com/article/57535/nirav-modi-fraud-investigation-makes-first-arrests Nirav Modi is one of India's richest people, with a personal wealth of $1.75bn, according to Forbes. Extremely Wealthy Bill Gates Reveals His 2 Biggest Reasons For Giving Away His Fortune News Aggregation Team Monday, February 19, 2018 12:00 am http://managersofwealth.com/article/57536/bill-gates-reveals-his-2-biggest-reasons-for-giving-away-his-fortune Even before we got married, we talked about how we would eventually spend a lot of time on philanthropy. Extremely Wealthy Elon Musk’s Tesla Roadster In Space Might Be On A Collision Course With Earth News Aggregation Team Monday, February 19, 2018 12:00 am http://managersofwealth.com/article/57537/elon-muskamprsquos-tesla-roadster-in-space-might-be-on-a-collision-course-with-earth The luxury electric car once owned by Musk himself was launched into space, ‘piloted’ by a mannequin dressed in a space suit named Starman. Extremely Wealthy Mystery collectors hk60m cellar to be auctioned for charity News Aggregation Team Friday, February 16, 2018 12:00 am http://managersofwealth.com/article/57499/mystery-collectors-hk60m-cellar-to-be-auctioned-for-charity Auction house Sotheby’s is to offer what it estimates is the most valuable single owner collection it has ever handled in Asia at the end of next month – with all proceeds going to charity. Extremely Wealthy Revealed: British, Nigerian Tycoons are Top Buyers of Houses in Nairobi News Aggregation Team Friday, February 16, 2018 12:00 am http://managersofwealth.com/article/57509/revealed-british-nigerian-tycoons-are-top-buyers-of-houses-in-nairobi Kenya is also on the radar of high net worth investors from Europe and USA led by British buyers Extremely Wealthy Obituary: Sir Gerald Elliot, businessman and philanthropist News Aggregation Team Tuesday, February 13, 2018 12:00 am http://managersofwealth.com/article/57423/obituary-sir-gerald-elliot-businessman-and-philanthropist The Foreign Office had not welcomed the idea of Salvesen’s using an Argentine merchant for the job when the company mooted it in 1978, but neither had it objected, once details were explained. Extremely Wealthy Harry W. “Hunk” Anderson, art collector and philanthropist, has died News Aggregation Team Friday, February 09, 2018 12:00 am http://managersofwealth.com/article/57361/harry-w-ampldquohunkamprdquo-anderson-art-collector-and-philanthropist-has-died Known to all as Hunk and Moo, the Andersons assembled a collection of more than 800 works beginning in the 1960s. Extremely Wealthy Rich entrepreneurs loosen purse strings for charitable efforts News Aggregation Team Thursday, February 08, 2018 12:00 am http://managersofwealth.com/article/57340/rich-entrepreneurs-loosen-purse-strings-for-charitable-efforts Starting in 2011, the list reveals that large donations have become a major trend among Chinese philanthropists. Extremely Wealthy The Key Trends for the Luxury Goods Industry in 2018 News Team Sunday, February 25, 2018 12:00 am http://managersofwealth.com/article/57680/the-key-trends-for-the-luxury-goods-industry-in-2018 The overall luxury goods industry, including products and services, is worth approximately €915 billion today and will reach about €1,260 billion in 2024. Comment & Analysis RBS reports first profit in 10 years News Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57657/rbs-reports-first-profit-in-10-years RBS reports 2017 Annual Results. Comment & Analysis PBI survey: Two-thirds of wealth managers are ready for GDPR News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57667/pbi-survey-two-thirds-of-wealth-managers-are-ready-for-gdpr Some 10% of respondents told PBI their company was unprepared for GDPR. Comment & Analysis Private Banker Critical of Asia Hiring News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57678/private-banker-critical-of-asia-hiring Private bankers from big firms aren't always aware that they will have more freedom at smaller ones Comment & Analysis The “Big Tech” backlash - Schroders News Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57636/the-ampldquobig-techamprdquo-backlash-schroders Google also provides its Android operating system free of charge to third party device manufacturers (largely, of course, to secure its dominance in mobile search). Comment & Analysis Champagne exports catch up with French domestic consumption as value grows News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57645/champagne-exports-catch-up-with-french-domestic-consumption-as-value-grows Last year was also the year that exports caught up with domestic sales: shipments abroad to places like the UK rose by 3.5% over the course of the year, amounting to 153.6 million bottles. Comment & Analysis Important Investor Alert for All Owners of the LJM Preservation and Growth Fund News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57651/important-investor-alert-for-all-owners-of-the-ljm-preservation-and-growth-fund Gonzalez, head of UBS Wealth Management Americas International, has been responsible for much of the firm’s offshore growth over the past 20 years and is confident that there are still plenty of new waters to explore. Comment & Analysis Guernsey funds may be set for pre-Brexit boost as managers avoid uncertainty News Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57609/guernsey-funds-may-be-set-for-pre-brexit-boost-as-managers-avoid-uncertainty Andrew Seaman, Partner and Chief Investment Officer at fund manager Stratton Street, said he believed there were overseas managers currently not wanting to risk structuring in the UK because of uncertainty. Comment & Analysis Mumbai 12th Richest City in the World: Report News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57616/mumbai-12th-richest-city-in-the-world-report Mumbai is the 12th richest city in the world, with a total wealth of $950 billion, according to a report. Comment & Analysis BBVA funds chief: selectors must step up to meet new demands News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57624/bbva-funds-chief-selectors-must-step-up-to-meet-new-demands As a consequence, Blanco said the main challenge for fund selectors will be to adapt to these new circumstances and requirements Comment & Analysis GAM: Setback for CEO Alex Friedman News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57664/gam-setback-for-ceo-alex-friedman GAM built its systemic unit around the 56 employees it acquired through Cantab, which was founded ten years ago by a former Goldman Sachs quantitative specialist. Alternative Investments Ex-Barclays banker sets up alternatives platform News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57677/ex-barclays-banker-sets-up-alternatives-platform The company was launched by CEO Hemal Mehta, formerly an M&A investment banker at Barclays Capital, and COO Mark Evans. Alternative Investments Zug boutique quits London and reinforces German office News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57635/zug-boutique-quits-london-and-reinforces-german-office This will see the Stuttgart operation rebranded as Tiberius Asset Management. Alternative Investments AXA selling its Azerbaijan operations seven years after acquiring them News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57615/axa-selling-its-azerbaijan-operations-seven-years-after-acquiring-them AXA said the completion of the transaction would be subject to customary closing conditions including regulatory approvals. Alternative Investments A hedge fund that focuses solely on marijuana is crushing it News Aggregation Team Monday, February 19, 2018 12:00 am http://managersofwealth.com/article/57541/a-hedge-fund-that-focuses-solely-on-marijuana-is-crushing-it The fund's gamble is paying off — it ended 2017 up 127% and outperformed major benchmarks. Alternative Investments Guernsey launches investment fund News Team Friday, February 16, 2018 12:00 am http://managersofwealth.com/article/57515/guernsey-launches-investment-fund The aim is to deliver long-term capital growth to its shareholders, including the States of Guernsey, which has committed to investing up to £25 million. Alternative Investments Pimco Profit Rises to the Highest Since Bill Gross Quit Firm News Aggregation Team Friday, February 16, 2018 12:00 am http://managersofwealth.com/article/57518/pimco-profit-rises-to-the-highest-since-bill-gross-quit-firm The money-management firm’s profit was driven by strong net inflows to its U.S. Income Fund as well as strategies including long duration and income. Alternative Investments First regulated rare whisky fund launches News Aggregation Team Friday, February 16, 2018 12:00 am http://managersofwealth.com/article/57524/first-regulated-rare-whisky-fund-launches The world’s first regulated whisky fund is making it easier for whisky lovers to invest in whisky. Alternative Investments The rise of global mobility News Aggregation Team Tuesday, February 13, 2018 12:00 am http://managersofwealth.com/article/57420/the-rise-of-global-mobility For many, obtaining a European passport represents the ultimate in flexibility – particularly in places like Malta and Cyprus that offer direct to citizenship-by-investment programs. Alternative Investments BlackRock to launch Warren Buffett-style fund News Aggregation Team Monday, February 12, 2018 12:00 am http://managersofwealth.com/article/57411/blackrock-to-launch-warren-buffett-style-fund The global head of active equities at the firm Mark Wiseman, who is also chairman of BlackRock Alternative Investors, is set to take charge of the new strategy. Alternative Investments Made Before the Boston Tea Party, This Teapot Cost $800,000 News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57673/made-before-the-boston-tea-party-this-teapot-cost-800000 The Staffordshire-trained Bartlam left England for South Carolina, drawn by its plentiful supplies of local kaolin clay and its wealthy consumers, according to the salesroom catalog. Extremely Expensive Innovation and adaptation: the challenges facing the yachting industry in 2018 News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57638/innovation-and-adaptation-the-challenges-facing-the-yachting-industry-in-2018 “It is a privilege to be in a position to welcome owners and yachting professionals round the same table to freely discuss what is happening in our industry.” Extremely Expensive Mercedes G63 AMG: the car preferred by Hollywood stars has had a major makeover News Aggregation Team Wednesday, February 14, 2018 12:00 am http://managersofwealth.com/article/57457/mercedes-g63-amg-the-car-preferred-by-hollywood-stars-has-had-a-major-makeover Mercedes G63 AMG: the car preferred by Hollywood stars has had a major makeover. Extremely Expensive Rolls-Royce SUV gains a glittering name News Aggregation Team Wednesday, February 14, 2018 12:00 am http://managersofwealth.com/article/57458/rolls-royce-suv-gains-a-glittering-name Cullinan, named for the famous diamond, will be Rolls’ first 4x4 Extremely Expensive David Rockefeller's Maine Summer Home Sells for $19 Million News Aggregation Team Friday, February 09, 2018 12:00 am http://managersofwealth.com/article/57371/david-rockefelleramp039s-maine-summer-home-sells-for-19-million Summer home of late billionaire philanthropist David Rockefeller on Maine's Mount Desert Island sells for $19 million; son of John D. Rockefeller Jr. died in New York last year at age 101. Extremely Expensive Pablo Picasso’s Swashbuckling Self-Portrait Will Hit the Block at Sotheby’s London This Month News Team Friday, February 09, 2018 12:00 am http://managersofwealth.com/article/57372/pablo-picassoamprsquos-swashbuckling-self-portrait-will-hit-the-block-at-sothebyamprsquos-london-this-month Unveiled in Public for the First Time since Legendary 1973 Exhibition – the Year of the Artist’s Death – Picasso’s Le Matador to Make Auction Debut Extremely Expensive Flawless' White Diamond Could Fetch Over $33 Million News Team Friday, February 09, 2018 12:00 am http://managersofwealth.com/article/57373/flawlessamp039-white-diamond-could-fetch-over-33-million The Rarest White Diamond ever to come to the Market At 102.34 carats, The World’s Largest-Known Round, D Colour, Flawless Diamond The only known Round Brilliant Diamond over 100 carats to have achieved Perfection in all Critical Criteria: Colour, Cl Extremely Expensive China’s Love Affair With Gold Heating Up on Property Riches News Aggregation Team Wednesday, February 07, 2018 12:00 am http://managersofwealth.com/article/57318/chinaamprsquos-love-affair-with-gold-heating-up-on-property-riches World’s biggest jeweler expects sales to keep expanding in ‘18 Extremely Expensive Eternity or Identity? What Diamonds Mean to Chinese Millennials News Aggregation Team Tuesday, February 06, 2018 12:00 am http://managersofwealth.com/article/57275/eternity-or-identity-what-diamonds-mean-to-chinese-millennials The diamond industry has developed a top-down approach to decoding millennials’ attitudes to diamonds in order to make the stones even more appealing. Extremely Expensive Kenya a favourite location for the world’s richest News Aggregation Team Thursday, February 01, 2018 12:00 am http://managersofwealth.com/article/57186/kenya-a-favourite-location-for-the-worldamprsquos-richest An oversupply of prime properties for rent is behind the weaker prime rental growth, which has given tenants more leverage to negotiate with landlords. Extremely Expensive Acquiring New, Younger Clients Requires a Transformation of These Marketing Tactics News Aggregation Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57668/acquiring-new-younger-clients-requires-a-transformation-of-these-marketing-tactics Rethink everything you think you know about marketing and client communications. Research A complete and utter disgrace by Tim Price News Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57670/a-complete-and-utter-disgrace-by-tim-price Medical care would have left something to be desired. Research OECD Sovereign Borrowing Outlook News Team Friday, February 23, 2018 12:00 am http://managersofwealth.com/article/57674/oecd-sovereign-borrowing-outlook Sovereign borrowing outlook for OECD countries, 2008 to 2018 Research Private Equity: A panacea for financing African Infrastructure? News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57634/private-equity-a-panacea-for-financing-african-infrastructure Private Equity financing is already becoming part of the solution Research The private bank of Mum and Dad - Coutts News Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57639/the-private-bank-of-mum-and-dad-coutts Parental support can take many forms – gifting the initial deposit, using an inheritance to pay down the children’s first mortgage, or acting as co-guarantors in the property purchase. Research Why the Rich Are Hiding News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57643/why-the-rich-are-hiding Our society celebrates wealth in the abstract, but delights in judging the rich. Research UBS's CEO sees successor coming from within: Bilanz News Aggregation Team Thursday, February 22, 2018 12:00 am http://managersofwealth.com/article/57652/ubsamp039s-ceo-sees-successor-coming-from-within-bilanz “Something probably would not have gone well if my successor came from outside,” Ermotti said. Research Brewin Dolphin advisers’ favoured DFM News Aggregation Team Wednesday, February 21, 2018 12:00 am http://managersofwealth.com/article/57617/brewin-dolphin-advisersamprsquo-favoured-dfm Many respondents praised Brewin for its service and transparency with many noting their relationship with the FTSE 250 firm spans many years. Research Grace Blakeley: Inequality can be narrowed by raising taxes on the wealthy News Aggregation Team Tuesday, February 20, 2018 12:00 am http://managersofwealth.com/article/57606/grace-blakeley-inequality-can-be-narrowed-by-raising-taxes-on-the-wealthy According to Oxfam’s analysis, there are five billionaire families in the UK that hold the same wealth as the bottom 20 per cent of the population. Research How do super-rich people spend their money? News Aggregation Team Monday, February 19, 2018 12:00 am http://managersofwealth.com/article/57529/how-do-super-rich-people-spend-their-money Where are UHNWIs located globally, what goods are they buying and from which brands? Research