Managers of Wealth http://managersofwealth.com/ Fri, 21 Feb 2025 14:41:23 GMT part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Citi makes internal shuffle to fill Brad McCarthy's role News Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116978/citi-makes-internal-shuffle-to-fill-brad-mccarthyamp039s-role The Wall Street back has reshuffled its pack to ensure McCarthy's former responsibilities as Apac head of alternative investment sales are covered. Wealth and Asset Management Netwealth reports ‘strong growth’ in new advisers News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116979/netwealth-reports-amplsquostrong-growthamprsquo-in-new-advisers Platform Netwealth has reported its financial results for the first half of FY2024–25, reporting a 46 per cent increase in statutory net profit after tax. Wealth and Asset Management M&G powers supply chains with USD135.2M Sydney logistics investment News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116984/mampampg-powers-supply-chains-with-usd1352m-sydney-logistics-investment Acquires 50% stake in Ingleburn Logistics Park from Stockland, forming long-term partnership Wealth and Asset Management Fidelity Unveils New ETF Model Portfolios for Wealth Management Firms News Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116985/fidelity-unveils-new-etf-model-portfolios-for-wealth-management-firms New Target Allocation and Target Risk ETF Model Portfolios Expand Fidelity’s Robust Lineup of Portfolio Solutions Wealth and Asset Management Apollo partners with wealth management platform InvestCloud News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116988/apollo-partners-with-wealth-management-platform-investcloud Apollo said that the partnership will help advisers to diversify portfolios and achieve better investment outcomes for their clients. Wealth and Asset Management Abrdn in talks to launch China asset management venture with Citic unit: sources News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116989/abrdn-in-talks-to-launch-china-asset-management-venture-with-citic-unit-sources Though abrdn is currently in the midst of a cost-cutting drive, China is an important focus for growth Wealth and Asset Management Standard Chartered exceeds revenue expectations and boosts dividend amid mixed 2024 results News Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116990/standard-chartered-exceeds-revenue-expectations-and-boosts-dividend-amid-mixed-2024-results Lower loan losses have also contributed to a stronger bottom line. Wealth and Asset Management A tale of two specialties: combining wealth and asset management News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116993/a-tale-of-two-specialties-combining-wealth-and-asset-management Pascal Duval, a former senior asset management boss, has never been a highly stressed character. Wealth and Asset Management Citizens Private Wealth’s strategic expansion: boutique at scale News Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116994/citizens-private-wealthamprsquos-strategic-expansion-boutique-at-scale How Citizens Private Wealth is building a boutique-style wealth management experience with institutional strength. Wealth and Asset Management Northern Trust Expands Partnership with Alchemy to Support Its New Special Opportunities Fund News Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116941/northern-trust-expands-partnership-with-alchemy-to-support-its-new-special-opportunities-fund Northern Trust Expands Longstanding Relationship with Alchemy Helping to Launch its Fifth Special Opportunities Fund Wealth and Asset Management FNZ Appoints Aashish Kamat as Group Chief Financial Officer News Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116983/fnz-appoints-aashish-kamat-as-group-chief-financial-officer The appointment strengthens FNZ’s leadership team and supports the delivery of sustainable long-term growth. Executive Moves Alpen Partners hires portfolio management trio from rivals News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116991/alpen-partners-hires-portfolio-management-trio-from-rivals The independent asset manager, Alpen Partners, has recruited an experienced portfolio management and trading trio from its rivals. Executive Moves Nando Costa Joins JP Morgan Private Bank in Miami News Aggregation Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116954/nando-costa-joins-jp-morgan-private-bank-in-miami Costa, originally from Brazil, began his career at Morgan Stanley in 2006 before moving to JP Morgan Private Bank, where he worked from 2010 to 2018. Executive Moves Quilter Cheviot Europe appoints Gabriel Ramsey as head of distribution for Ireland News Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116958/quilter-cheviot-europe-appoints-gabriel-ramsey-as-head-of-distribution-for-ireland QCE expects to continue expanding its team in Ireland to support its growth ambitions. Executive Moves Ex-Bordier CEO Macleod to be the first director general of The Big Issue News Aggregation Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116961/ex-bordier-ceo-macleod-to-be-the-first-director-general-of-the-big-issue The wealth veteran, who stepped down as Bordier & Cie UK CEO last July, will take up part-time role at social enterprise that supports the homeless. Executive Moves Peter Ball exits Nomura Asset Management News Aggregation Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116969/peter-ball-exits-nomura-asset-management Ball will search for new roles after six years with Nomura Executive Moves DBS appoints internal talent to leadership positions News Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116927/dbs-appoints-internal-talent-to-leadership-positions Names successors to two key roles Executive Moves EFG International announces changes to the Board of Directors News Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116928/efg-international-announces-changes-to-the-board-of-directors Yvonne Bettkober is a recognised expert in digital transformation, organisational development and strategy operationalisation. Executive Moves Rathbones appoints head of charities distribution News Aggregation Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116935/rathbones-appoints-head-of-charities-distribution She will report to Jayne Rogers, Rathbones’ chief distribution officer, and will be based in London. Executive Moves Changes in the General Management of Zürcher Kantonalbank News Aggregation Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116937/changes-in-the-general-management-of-zampuumlrcher-kantonalbank Stephanino Isele's announcement of his resignation is part of the regular and long-term succession planning for the members of the General Management Executive Moves Confidence in economy among wealthy Britons falls to record low with inheritance tax a major concern News Aggregation Team Tuesday, February 18, 2025 12:00 am http://managersofwealth.com/article/116905/confidence-in-economy-among-wealthy-britons-falls-to-record-low-with-inheritance-tax-a-major-concern Among the wealthy, confidence in the economy has fallen to 48 per cent, down from 84 per cent just six months ago. Legal,Regulation,Tax & Compliance Mishcon de Reya's Private Client lawyers ranked in ALM Private Client Directory 2025 News Team Friday, February 14, 2025 12:00 am http://managersofwealth.com/article/116866/mishcon-de-reyaamp039s-private-client-lawyers-ranked-in-alm-private-client-directory-2025 The directory features the top 250 individuals chosen by their own peers within the private wealth industry. Legal,Regulation,Tax & Compliance Bedell Cristin Advises on Sale of Advisa Wealth News Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116835/bedell-cristin-advises-on-sale-of-advisa-wealth Advisa’s trusted brand and financial planning expertise is expected to complement Titan Wealth’s existing services. Legal,Regulation,Tax & Compliance MAS Tightens Family Office Supervision News Aggregation Team Monday, February 10, 2025 12:00 am http://managersofwealth.com/article/116754/mas-tightens-family-office-supervision Last summer, finews.asia commented on how the scandal involved six family offices receiving official tax benefits, saying it would result in sustained and prolonged regulatory scrutiny. Legal,Regulation,Tax & Compliance Unforeseen consequences: How far reaching will US tariffs be? News Team Thursday, February 06, 2025 12:00 am http://managersofwealth.com/article/116695/unforeseen-consequences-how-far-reaching-will-us-tariffs-be Experts at SJP explore the potential long-term ramifications of the latest in protectionist measures. Legal,Regulation,Tax & Compliance PIMFA calls for an ambitious and assertive approach in modernising the redress system News Team Monday, February 03, 2025 12:00 am http://managersofwealth.com/article/116630/pimfa-calls-for-an-ambitious-and-assertive-approach-in-modernising-the-redress-system The trade association urges the FCA to reconsider the role of FOS, and explore consolidating the regulatory regime for CMCs Legal,Regulation,Tax & Compliance New Code of Conduct makes ABN AMRO’s procurement policy more sustainable News Team Thursday, January 30, 2025 12:00 am http://managersofwealth.com/article/116548/new-code-of-conduct-makes-abn-amroamprsquos-procurement-policy-more-sustainable The bank’s new Supplier Code of Conduct now sets out clearer expectations for companies working with ABN AMRO. Legal,Regulation,Tax & Compliance UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says News Aggregation Team Friday, January 24, 2025 12:00 am http://managersofwealth.com/article/116464/uk-to-soften-tax-rules-for-wealthy-foreigners-after-millionaire-exodus-rachel-reeves-says The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed. Legal,Regulation,Tax & Compliance Quilter proposes flat-rate solution to IHT on pensions consultation to prevent payment delays for grieving families News Team Wednesday, January 22, 2025 12:00 am http://managersofwealth.com/article/116393/quilter-proposes-flat-rate-solution-to-iht-on-pensions-consultation-to-prevent-payment-delays-for-grieving-families Under this approach, any unused pension funds would be taxed at a clear, fixed rate once their total exceeded a nil rate band that applies across all the members schemes. Legal,Regulation,Tax & Compliance Claire Trott: Navigating annuities and inheritance tax News Aggregation Team Monday, January 20, 2025 12:00 am http://managersofwealth.com/article/116338/claire-trott-navigating-annuities-and-inheritance-tax While this will work for some, there are a good number of considerations to take into account when thinking about this option. Legal,Regulation,Tax & Compliance Switzerland to widen tax information exchange to crypto assets News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116986/switzerland-to-widen-tax-information-exchange-to-crypto-assets Switzerland is aiming to implement the new reporting framework published by the OECD to incorporate crypto assets. FinTech BNP Paribas’ Securities Services Business Adopts Broadridge’s Global Class Action Solution to Maximize its Clients’ Global Asset Recovery Opportunities News Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116940/bnp-paribasamprsquo-securities-services-business-adopts-broadridgeamprsquos-global-class-action-solution-to-maximize-its-clientsamprsquo-global-asset-recovery-opportunities Broadridge’s solution provides comprehensive global class action coverage, maximizes claims and increases investor participation in settlement recoveries FinTech ‘AI To Transform Wealth Management’ News Aggregation Team Tuesday, February 18, 2025 12:00 am http://managersofwealth.com/article/116903/amplsquoai-to-transform-wealth-managementamprsquo Since early 2024, Swedish payment service provider Klarna has been using AI from Microsoft’s partner OpenAI which performs the work of 700 employees. FinTech Ziglu raises £5 million; plans to introduce Ziglu Coin News Aggregation Team Tuesday, February 18, 2025 12:00 am http://managersofwealth.com/article/116908/ziglu-raises-amppound5-million-plans-to-introduce-ziglu-coin Since that low water mark, the cryptocurrency sector has more recently shown fresh impetus, fuelling an appetite for expansion into the mainstream of finance and wealth management. FinTech Standard Chartered, Animoca Brands and HKT establish joint venture to issue HKD-backed stablecoin News Team Tuesday, February 18, 2025 12:00 am http://managersofwealth.com/article/116917/standard-chartered-animoca-brands-and-hkt-establish-joint-venture-to-issue-hkd-backed-stablecoin Standard Chartered has a track record of working with stablecoin issuers globally FinTech Digital transformation: Baader Bank relies on modern platform News Team Monday, February 17, 2025 12:00 am http://managersofwealth.com/article/116896/digital-transformation-baader-bank-relies-on-modern-platform The securities and banking services provider aims to improve scalability and business results and advance digital transformation. FinTech Temenos Strengthens Its Executive Committee to Accelerate Its Business Growth News Team Friday, February 14, 2025 12:00 am http://managersofwealth.com/article/116850/temenos-strengthens-its-executive-committee-to-accelerate-its-business-growth Temenos is announcing the following changes to its Executive Committee FinTech Revolut puts pressure on players in the Swiss financial market News Aggregation Team Friday, February 14, 2025 12:00 am http://managersofwealth.com/article/116856/revolut-puts-pressure-on-players-in-the-swiss-financial-market Previously, the fees for stock and ETF holdings were between 0.12 percent and 0.22 percent – ​​depending on the type of customer account and the value of the securities portfolio. FinTech AI to transform wealth management, Microsoft executive says News Aggregation Team Friday, February 14, 2025 12:00 am http://managersofwealth.com/article/116865/ai-to-transform-wealth-management-microsoft-executive-says The world's largest asset manager, UBS, also sees great potential for AI. FinTech Harnessing the Power of AI Agents in Wealth Management Advisor Workflows: A Spotlight on the AWS Advisor Demo News Team Wednesday, February 12, 2025 12:00 am http://managersofwealth.com/article/116803/harnessing-the-power-of-ai-agents-in-wealth-management-advisor-workflows-a-spotlight-on-the-aws-advisor-demo The demo showcased how generative AI can redesign and transform advisor workflows which traditionally have been overly manual, inefficient, and time-consuming. FinTech Super-rich Koreans establish family offices in Hong Kong for tax advantages News Aggregation Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116946/super-rich-koreans-establish-family-offices-in-hong-kong-for-tax-advantages Ultra-wealthy Koreans seek innovative investment strategies in offshore finance destinations Family Office Tony James Family Office Spinout Gets $370 Million For Private Equity Bets News Aggregation Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116947/tony-james-family-office-spinout-gets-370-million-for-private-equity-bets The fund’s launch advances a major change in the financial affairs for one of Wall Street’s biggest fortunes. Family Office Strengthening Singapore’s position as a hub for family offices News Aggregation Team Monday, February 17, 2025 12:00 am http://managersofwealth.com/article/116877/strengthening-singaporeamprsquos-position-as-a-hub-for-family-offices Amid growing competition from jurisdictions around the world, what can Singapore do to cement its position as a family office hub? Family Office The rise of the family office News Aggregation Team Monday, February 17, 2025 12:00 am http://managersofwealth.com/article/116878/the-rise-of-the-family-office The trio of billionaires, along with a few other tech moguls, all rely on Iconiq Capital—a so-called multi-family office—to manage their wealth. Family Office Behind the Hong Kong family office boom News Aggregation Team Monday, February 17, 2025 12:00 am http://managersofwealth.com/article/116887/behind-the-hong-kong-family-office-boom As wealth moves from West to East, this prime destination for wealth inflows stands out Family Office More than 8000 family offices are revolutionizing wealth management. Are you rich enough to start one? News Aggregation Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116826/more-than-8000-family-offices-are-revolutionizing-wealth-management-are-you-rich-enough-to-start-one These one-stop-shops help wealthy families with everything from budgeting to tax services to charitable giving and more. Family Office LHV Bank provides £14m bespoke BTL financing for private family office News Aggregation Team Tuesday, February 11, 2025 12:00 am http://managersofwealth.com/article/116787/lhv-bank-provides-amppound14m-bespoke-btl-financing-for-private-family-office The first phase of the transaction involved refinancing four substantial apartment blocks comprising 72 apartments within a single complex in Manchester. Family Office Family offices are booming: Inside the secretive finance centers that cater to billionaires like Jeff Bezos and the Walton family News Aggregation Team Tuesday, February 11, 2025 12:00 am http://managersofwealth.com/article/116786/family-offices-are-booming-inside-the-secretive-finance-centers-that-cater-to-billionaires-like-jeff-bezos-and-the-walton-family Such is life working as a chief investment strategist at a family office, the folksy-sounding term that describes firms that manage the wealth of the world’s richest households. Family Office Alp Ercil winds down $3bn ARCM hedge fund in family office transition News Aggregation Team Friday, February 07, 2025 12:00 am http://managersofwealth.com/article/116739/alp-ercil-winds-down-3bn-arcm-hedge-fund-in-family-office-transition The firm’s flagship distressed asset fund, the fourth in its series, delivered an impressive annualised return of 19.5% over the past five years, including a 10.5% gain in 2024. Family Office Predictions For The Family Office Space In 2025 News Aggregation Team Wednesday, February 05, 2025 12:00 am http://managersofwealth.com/article/116685/predictions-for-the-family-office-space-in-2025 The family office sector is expected to continue its trend towards professionalisation in 2025. Family Office Ultra-Luxury Beverly Hills Resort Inks $300 Million for Building News Aggregation Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116945/ultra-luxury-beverly-hills-resort-inks-300-million-for-building Vici Properties financing mezzanine loan for development Luxury Bentley shifts gears: Luxury carmaker abandons its .bentley domain News Aggregation Team Tuesday, February 18, 2025 12:00 am http://managersofwealth.com/article/116904/bentley-shifts-gears-luxury-carmaker-abandons-its-bentley-domain Luxury carmaker Bentley has decided it no longer needs its own top level domain name. Luxury Dubai’s ultra-luxury real estate booming amid limited supply News Aggregation Team Monday, February 17, 2025 12:00 am http://managersofwealth.com/article/116886/dubaiamprsquos-ultra-luxury-real-estate-booming-amid-limited-supply Over the last ten years, sales of luxury Dubai villas and apartments valued above $4mln have risen dramatically, reaching $19.3bln in 2024 for the second year in a row, an increase of almost 688% since 2015 Luxury Nest Seekers Launches Tribe to Elevate Luxury Travel for High-Net-Worth Individuals News Team Friday, February 14, 2025 12:00 am http://managersofwealth.com/article/116853/nest-seekers-launches-tribe-to-elevate-luxury-travel-for-high-net-worth-individuals As luxury travel expands at an unprecedented rate, demand for personalized, high-end experiences has never been greater. Luxury Hermès Sales Jump as Label Outperforms During Luxury Slump News Aggregation Team Friday, February 14, 2025 12:00 am http://managersofwealth.com/article/116872/hermampegraves-sales-jump-as-label-outperforms-during-luxury-slump Struggling watches division also grew in fourth quarter Luxury China’s wealthy shoppers have a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty News Aggregation Team Wednesday, February 12, 2025 12:00 am http://managersofwealth.com/article/116818/chinaamprsquos-wealthy-shoppers-have-a-new-mentalityampmdashand-itamprsquos-terrible-news-for-luxury-brands-like-lvmh-and-kering-who-bet-billions-on-their-loyalty They are now choosing to spend their money in new ways. Luxury How Chinese Tourists Fuel a $100 Billion Luxury Goods Black Market News Aggregation Team Tuesday, February 11, 2025 12:00 am http://managersofwealth.com/article/116777/how-chinese-tourists-fuel-a-100-billion-luxury-goods-black-market Moments later, outside the store, a handler collects the bags, marking yet another successful purchase for China’s $100 billion luxury black market. Luxury Gucci 2024 sales in the red, says luxury fashion house owner Kering News Aggregation Team Tuesday, February 11, 2025 12:00 am http://managersofwealth.com/article/116796/gucci-2024-sales-in-the-red-says-luxury-fashion-house-owner-kering Sales retreated 12 percent to 17.2 billion euros. Luxury Swiss Luxury Jewelry Market Embraces Blockchain for Diamond Tokenization News Aggregation Team Monday, February 10, 2025 12:00 am http://managersofwealth.com/article/116753/swiss-luxury-jewelry-market-embraces-blockchain-for-diamond-tokenization Transforming the Diamond Trade with Digital Innovation Luxury Gucci parts ways with Sabato De Sarno amid sales decline News Aggregation Team Friday, February 07, 2025 12:00 am http://managersofwealth.com/article/116742/gucci-parts-ways-with-sabato-de-sarno-amid-sales-decline Third profit warning rocks Kering as flagship brand struggles. Luxury Billionaire Steve Feinberg Vows to Divest Cerberus Stake as Wealth Detailed News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116992/billionaire-steve-feinberg-vows-to-divest-cerberus-stake-as-wealth-detailed Feinberg, whose wealth is valued at $6.6 billion by the Bloomberg Billionaires Index, said in the US Office of Government Ethics filing that he has roles in 436 entities. Extremely Wealthy Wealthy Americans Are Leaving – Where Are They Going? News Aggregation Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116949/wealthy-americans-are-leaving-ampndash-where-are-they-going More than ever, high net worth individuals are seeking alternative residence and citizenship options to secure their financial futures and personal freedoms. Extremely Wealthy Audrey Hepburn’s Stunning Former Switzerland Home Hits the Market News Aggregation Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116931/audrey-hepburnamprsquos-stunning-former-switzerland-home-hits-the-market The Academy Award-winning actress lived on the sprawling grounds of "Le Paisable" for 30 years, until her death in 1993 Extremely Wealthy Dalio’s Ex-Family Office CIO Joins Firm for Corona Beer Billions News Aggregation Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116827/dalioamprsquos-ex-family-office-cio-joins-firm-for-corona-beer-billions He manages investments for Mexico’s Aramburuzabala family Extremely Wealthy Fintech Billionaire Kim Set to Take Over Top Kazakh Lender Jusan News Aggregation Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116836/fintech-billionaire-kim-set-to-take-over-top-kazakh-lender-jusan Kim applied to the Kazakh financial regulator for permission to purchase 97.5% of First Heartland Jusan Bank JSC as he buys out Galimzhan Yessenov Extremely Wealthy The young and wealthy are getting more prenups. Here's why News Aggregation Team Tuesday, February 11, 2025 12:00 am http://managersofwealth.com/article/116778/the-young-and-wealthy-are-getting-more-prenups-hereamp039s-why Twenty percent of married couples have prenups, but that number more than doubles for Millennials and Gen Z-ers Extremely Wealthy Musk's wealth in 2025 drops below 400 billion dollars for first time - Bloomberg News Aggregation Team Tuesday, February 11, 2025 12:00 am http://managersofwealth.com/article/116784/muskamp039s-wealth-in-2025-drops-below-400-billion-dollars-for-first-time-bloomberg Bloomberg reminded that Tesla stocks and options make up over 60% of Musk's wealth, which peaked at $486.4 billion on December 17 Extremely Wealthy The Aga Khan IV, Wealthy Leader of the Ismaili Muslims, Dies at 88 News Aggregation Team Friday, February 07, 2025 12:00 am http://managersofwealth.com/article/116729/the-aga-khan-iv-wealthy-leader-of-the-ismaili-muslims-dies-at-88 His death was confirmed by Fayyaz Nurmohamed, the director of communications at the Aga Khan Development Network. Extremely Wealthy Dubai’s $100 Million Mansions Target Ultra-Wealthy Buyers News Aggregation Team Monday, February 03, 2025 12:00 am http://managersofwealth.com/article/116627/dubaiamprsquos-100-million-mansions-target-ultra-wealthy-buyers The move comes amid Dubai’s ongoing efforts to diversify its economy and reduce dependence on oil. Extremely Wealthy World’s richest people lose $108 billion after DeepSeek selloff News Aggregation Team Wednesday, January 29, 2025 12:00 am http://managersofwealth.com/article/116521/worldamprsquos-richest-people-lose-108-billion-after-deepseek-selloff Tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85% of the Bloomberg index’s total decline. Extremely Wealthy UBS: Uncertainty Surrounding Legal Risks News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116977/ubs-uncertainty-surrounding-legal-risks These cases, spanning from historical tax evasion allegations to client disputes, significantly impact the bank’s financial exposure. Comment & Analysis 10 Things on Wealth Managers' Minds Now News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116980/10-things-on-wealth-managersamp039-minds-now At the same time, they are concerned about making the best technology investments, and they sense that rapid tech advancements are likely to play a role in future firm ownership changes. Comment & Analysis From Taylor Swift concerts to hot-selling Chanel shoes, Asia's credit card battle intensifies News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116981/from-taylor-swift-concerts-to-hot-selling-chanel-shoes-asiaamp039s-credit-card-battle-intensifies Asia's retail banks are escalating their battle for affluent customers, rolling out premium credit cards laden with luxury perks—from Chanel ballet flats to wedding planning. Comment & Analysis Women investors : how should your investment portfolio adapt to life’s milestones and goals ? News Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116982/women-investors-how-should-your-investment-portfolio-adapt-to-lifeamprsquos-milestones-and-goals Given their longer average life expectancy, careful financial planning for retirement and potential inheritances is essential. Comment & Analysis AI and automation to reshape Luxembourg’s banking industry: Giovanna Giardina News Aggregation Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116956/ai-and-automation-to-reshape-luxembourgamprsquos-banking-industry-giovanna-giardina She noted that adopting digital transformation and automation could allow banks to cut processing times, enhancing both client and employee satisfaction. Comment & Analysis Pictet clean-energy star not afraid of Trump News Aggregation Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116964/pictet-clean-energy-star-not-afraid-of-trump Elite Investor Xavier Chollet tells Citywire Elite Companies how his fund thinks differently about the energy transition. Comment & Analysis New record for gold News Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116966/new-record-for-gold Consequently, central banks around the world have allocated an increasing share of their reserve assets to the yellow metal, and we think that this trend will continue in 2025. Comment & Analysis Financial services: Dealmakers adapt to a shifting landscape News Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116939/financial-services-dealmakers-adapt-to-a-shifting-landscape Monthly deal value in 2024 returned to the average monthly value of the prior five years, and total deal value for 2024 was 30 percent higher than that seen in 2023. Comment & Analysis Rethink multipolarity – an investor’s roadmap News Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116942/rethink-multipolarity-ampndash-an-investoramprsquos-roadmap The implications for the global economy and financial markets may be significant. Comment & Analysis Glencore Rides the Gold Wave News Aggregation Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116943/glencore-rides-the-gold-wave Frustrated with the stock market, CEO Gary Nagle is now weighing the possibility of abandoning the London Stock Exchange. Comment & Analysis Imagine: John Lennon’s Glasses Sell For $52,000 At A Charity Auction News Aggregation Team Friday, January 24, 2025 12:00 am http://managersofwealth.com/article/116458/imagine-john-lennonamprsquos-glasses-sell-for-52000-at-a-charity-auction Many extraordinary items were auctioned that night for charity, and one such treasure was a pair of round metal glasses that John Lennon had once owned. Extremely Expensive Patek Philippe squares up to younger buyers with new Cubitus collection News Aggregation Team Tuesday, October 22, 2024 1:00 am http://managersofwealth.com/article/114748/patek-philippe-squares-up-to-younger-buyers-with-new-cubitus-collection President Thierry Stern imagines the new line, which takes its cues from the classic Nautilus bracelet watch, on the wrists of the Gen Z super-rich Extremely Expensive Why This Prototype Rolex ‘Rainbow’ Daytona Could Sell For Millions News Aggregation Team Friday, October 18, 2024 1:00 am http://managersofwealth.com/article/114699/why-this-prototype-rolex-amplsquorainbowamprsquo-daytona-could-sell-for-millions This makes it the Rainbow the most expensive modern regular-production factory Daytona on the market. Extremely Expensive The 15 most expensive cars sold at Monterey Car Week News Aggregation Team Wednesday, August 21, 2024 1:00 am http://managersofwealth.com/article/113571/the-15-most-expensive-cars-sold-at-monterey-car-week From barely-driven Bugattis to race-winning Ferraris to achingly beautiful Alfa Romeos Extremely Expensive Why the F-22 Raptor Is the World’s Most Expensive Fighter Jet News Aggregation Team Tuesday, August 13, 2024 1:00 am http://managersofwealth.com/article/113402/why-the-f-22-raptor-is-the-worldamprsquos-most-expensive-fighter-jet This price is largely due to its pioneering design, which introduced many advanced technologies, including stealth capabilities, sophisticated avionics, and thrust-vectoring nozzles. Extremely Expensive Mukesh Ambani’s wealth rose enough, in a day, to pay for most of a $600 million wedding News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113080/mukesh-ambaniamprsquos-wealth-rose-enough-in-a-day-to-pay-for-most-of-a-600-million-wedding What made Ambani stand out was that he was the only one of the top 20 billionaires to see their wealth rise in what was a brutal day for the mega-elite after the S&P 500 stock index tumbled. Extremely Expensive Prima Asset Management buys Prime Hotel in London News Aggregation Team Monday, June 17, 2024 1:00 am http://managersofwealth.com/article/112279/prima-asset-management-buys-prime-hotel-in-london Prima Asset Management, a Singapore-based real estate asset management company, has acquired the freehold Prime Hotel located in the Paddington area in London. Financial details of the transaction remain undisclosed. The acquisition is part of the compa Extremely Expensive Pink Diamond Scores $13M at Christie’s New York News Aggregation Team Friday, June 14, 2024 1:00 am http://managersofwealth.com/article/112255/pink-diamond-scores-13m-at-christieamprsquos-new-york The auction saw strong participation, with half of the bids coming from the Americas while a quarter came from Europe, and 26% from Asia Pacific and the Middle East combined. Extremely Expensive The Most Expensive Dresses Ever Sold at Auction News Aggregation Team Friday, April 26, 2024 1:00 am http://managersofwealth.com/article/111372/the-most-expensive-dresses-ever-sold-at-auction The dress, from the spring 1967 collection, was made of chain-linked aluminum squares and rectangular plates. Its sale price was a world record for a Paco Rabanne piece. Extremely Expensive Jeff Bezos just leapfrogged Elon Musk as the world’s richest person with a fortune of $200 billion News Aggregation Team Tuesday, March 05, 2024 12:00 am http://managersofwealth.com/article/110365/jeff-bezos-just-leapfrogged-elon-musk-as-the-worldamprsquos-richest-person-with-a-fortune-of-200-billion Musk now has a net worth of $197.7 billion; Bezos’ fortune is $200.3 billion. Extremely Expensive Concrete gold is enjoying great popularity again News Aggregation Team Tuesday, February 18, 2025 12:00 am http://managersofwealth.com/article/116910/concrete-gold-is-enjoying-great-popularity-again This limits the potential for further increases in the current year, according to the study on the real estate market presented on Tuesday . Research New Manulife and Deloitte Report: Over Two-Thirds of High-Net-Worth Individuals in Greater China Consider Insurance Essential for Legacy and Succession Planning News Team Monday, February 17, 2025 12:00 am http://managersofwealth.com/article/116888/new-manulife-and-deloitte-report-over-two-thirds-of-high-net-worth-individuals-in-greater-china-consider-insurance-essential-for-legacy-and-succession-planning Manulife Hong Kong collaborates with Deloitte to offer insights into legacy planning solutions for high-net-worth individuals Research LGT presents key findings from the "Wealth for Impact" study News Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116830/lgt-presents-key-findings-from-the-ampquotwealth-for-impactampquot-study Over the next 50 years, an unprecedented transfer of wealth will take place, reshaping financial landscapes and intergenerational wealth management. Research Methodology: America’s Top Women Wealth Advisors 2025 News Aggregation Team Wednesday, February 12, 2025 12:00 am http://managersofwealth.com/article/116804/methodology-americaamprsquos-top-women-wealth-advisors-2025 A focus on both qualitative and quantitative factors is imperative. Research Top 10 trends in private wealth for 2025 News Team Tuesday, January 21, 2025 12:00 am http://managersofwealth.com/article/116374/top-10-trends-in-private-wealth-for-2025 With the economic and social factors that led voters to turn against incumbents in 2024 set to persist for years to come Research Wealth of world’s billionaires grew by $2tn in 2024, report finds News Aggregation Team Monday, January 20, 2025 12:00 am http://managersofwealth.com/article/116337/wealth-of-worldamprsquos-billionaires-grew-by-2tn-in-2024-report-finds Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals Research Hong Kong should lure wealthy visitors for high-end health services: experts News Aggregation Team Monday, January 13, 2025 12:00 am http://managersofwealth.com/article/116212/hong-kong-should-lure-wealthy-visitors-for-high-end-health-services-experts Infectious diseases expert Professor Yuen Kwok-yung among group calling for ‘rapid’ action to cut budget deficit Research This year’s most glamorous luxury destinations News Aggregation Team Monday, January 06, 2025 12:00 am http://managersofwealth.com/article/116075/this-yearamprsquos-most-glamorous-luxury-destinations These are the new hotels, islands and trains you’ll want to book for 2025 Research UAE Wealth Management - Market Sizing and Growth Opportunities to 2028 - ResearchAndMarkets.com News Team Tuesday, December 31, 2024 12:00 am http://managersofwealth.com/article/116015/uae-wealth-management-market-sizing-and-growth-opportunities-to-2028-researchandmarketscom The UAE wealth management market has experienced robust growth, driven by rising asset values and an increase in affluent individuals seeking professional investment advice. Research 12 financial planning tips for 2025 News Team Wednesday, December 18, 2024 12:00 am http://managersofwealth.com/article/115879/12-financial-planning-tips-for-2025 There is an opportunity to stake stock and address some of those financial ideas and concerns that might have niggling at you through the year. Research How The Ultra-Rich Will Travel In 2025 News Aggregation Team Friday, September 13, 2024 1:00 am http://managersofwealth.com/article/114027/how-the-ultra-rich-will-travel-in-2025 Experts reveal that wealthy individuals are becoming more selective in their future travel plans. They aim to maximize the impact of their investment, prioritizing value over opulence. Executive Travel How HNWIs are elevating luxury travel experiences to extravagant new heights in 2024 News Aggregation Team Thursday, August 15, 2024 1:00 am http://managersofwealth.com/article/113473/how-hnwis-are-elevating-luxury-travel-experiences-to-extravagant-new-heights-in-2024 From ultra-exclusive travel companions to private island buyouts, the affluent are sparing no expense in their pursuit of unparalleled journeys. Executive Travel 7 Essential Destinations for Luxury Travel in 2024 News Aggregation Team Friday, July 05, 2024 1:00 am http://managersofwealth.com/article/112681/7-essential-destinations-for-luxury-travel-in-2024 Travelers should focus on strategic timing, currency exchange rates, and local promotions to maximize their budget while enjoying unparalleled indulgence. Executive Travel Tropical Living: 9 Warm Destinations to Escape the Winter News Team Monday, January 16, 2023 12:00 am http://managersofwealth.com/article/102458/tropical-living-9-warm-destinations-to-escape-the-winter These tropical, sandy, and sunny luxury locales offer a retreat from northern snow and ice Executive Travel Destination Aspen: Colorado’s Ski and Mountain Star News Team Monday, January 09, 2023 12:00 am http://managersofwealth.com/article/102316/destination-aspen-coloradoamprsquos-ski-and-mountain-star Aspen has it all—clean air, culture, designer shops and fine dining, and of course the world’s best skiing and outdoor pursuits. Read on to learn why Aspen is the “Beverly Hills of the mountains,” and take a glimpse of what’s Executive Travel Travellers opting for luxury penguin cruises News Aggregation Team Monday, December 19, 2022 12:00 am http://managersofwealth.com/article/102029/travellers-opting-for-luxury-penguin-cruises Cruising allows nature lovers to access remote areas and enjoy them in luxury accommodation from a small cruise ship which has minimal impact on the delicate environment. Executive Travel On Top of the World: Welcome to Sunny Isles Beach, Miami News Team Monday, October 31, 2022 12:00 am http://managersofwealth.com/article/101011/on-top-of-the-world-welcome-to-sunny-isles-beach-miami Set to redefine the Miami skyline, the two towers of The St. Regis Residences, Sunny Isles Beach, are an exquisite paradise Executive Travel The World’s Most Powerful Passports have the Least Travel Freedom News Team Wednesday, July 20, 2022 1:00 am http://managersofwealth.com/article/98919/the-worldamprsquos-most-powerful-passports-have-the-least-travel-freedom This figure is far behind the global trend where markets in Europe and North America have recovered to around 60% of pre-crisis travel mobility levels. Executive Travel 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 Green Finance Under Trump 2.0: West Retreats, East Rises? News Aggregation Team Friday, February 14, 2025 12:00 am http://managersofwealth.com/article/116855/green-finance-under-trump-20-west-retreats-east-rises Less than one month since his inauguration as the 47th President of the United States, Donald Trump has made a flurry of seismic moves including in the field of climate change. Planet SOS Breaking barriers in cleantech: how Calyxia is leading the charge against microplastic pollution and transforming industries News Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116843/breaking-barriers-in-cleantech-how-calyxia-is-leading-the-charge-against-microplastic-pollution-and-transforming-industries The need for innovative, sustainable solutions has never been more urgent. Planet SOS ESG Economist - Adapting to the heat: on climate resilience and adaptation finance News Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116848/esg-economist-adapting-to-the-heat-on-climate-resilience-and-adaptation-finance Many countries are already experiencing negative impacts from acute or chronic physical risk. Planet SOS Carbon Market Strategist - EUA prices rise, thanks to gas drama News Team Wednesday, February 12, 2025 12:00 am http://managersofwealth.com/article/116800/carbon-market-strategist-eua-prices-rise-thanks-to-gas-drama The rally in the gas market was triggered by the end of the transit agreement between Ukraine and Russia, along with adverse weather conditions in Northern Europe. Planet SOS Mirova mobilises a Blended Finance Coalition for its Second-Generation Fund Dedicated to Sustainable Land Use in the Global South News Team Thursday, February 06, 2025 12:00 am http://managersofwealth.com/article/116701/mirova-mobilises-a-blended-finance-coalition-for-its-second-generation-fund-dedicated-to-sustainable-land-use-in-the-global-south This coalition also includes development finance institutions FMO and Proparco, which intend to commit investments for the forthcoming next closing. Planet SOS Investing early in low-carbon technology is better for business than investing later News Team Thursday, January 30, 2025 12:00 am http://managersofwealth.com/article/116549/investing-early-in-low-carbon-technology-is-better-for-business-than-investing-later In the Netherlands, the transition to low- or zero-carbon operations, also known as decarbonisation, is in full swing. Planet SOS Manulife Raises $480 Million for Carbon Credit-Generating Forest Climate Fund News Aggregation Team Wednesday, January 29, 2025 12:00 am http://managersofwealth.com/article/116528/manulife-raises-480-million-for-carbon-credit-generating-forest-climate-fund The strategy also includes the establishment of new forests through afforestation or reforestation to generate high-quality carbon credits and long-term sustainable timber value. Planet SOS Valuing what matters most: nature on the balance sheet at Davos 2025 News Team Monday, January 27, 2025 12:00 am http://managersofwealth.com/article/116468/valuing-what-matters-most-nature-on-the-balance-sheet-at-davos-2025 This concept, focused on restoring exploited and degraded landscapes to nature via mechanisms such as regenerative agriculture and reforestation, served as the essential starting point for discussing nature. Planet SOS “In terms of sustainable investment, our main focus is on the opportunities offered by the transition” News Team Friday, January 24, 2025 12:00 am http://managersofwealth.com/article/116462/ampldquoin-terms-of-sustainable-investment-our-main-focus-is-on-the-opportunities-offered-by-the-transitionamprdquo Some companies, she explains, are performing well when it comes to sustainability, but not yet seeing it in their financial results. Planet SOS Modern Bankers in an age of sustainable banking: Three take-aways News Aggregation Team Wednesday, January 22, 2025 12:00 am http://managersofwealth.com/article/116389/modern-bankers-in-an-age-of-sustainable-banking-three-take-aways Capgemini offers expertise in ESG data management and sector-specific sustainability trends to make banks and bankers future ready. Planet SOS What are some of the current challenges for mental health in the workplace? News Team Tuesday, December 31, 2024 12:00 am http://managersofwealth.com/article/115790/what-are-some-of-the-current-challenges-for-mental-health-in-the-workplace In today’s corporate environment, the term "mental health" is increasingly being discussed Health & Wellness Alex Picot Trust Steps Up for Jersey Stroke Support News Team Thursday, November 07, 2024 12:00 am http://managersofwealth.com/article/115082/alex-picot-trust-steps-up-for-jersey-stroke-support Collectively recording 12,516,584 steps, everyone was encouraged to achieve 10,000 steps day. Health & Wellness The convergence of health, wealth and longevity services News Team Friday, October 11, 2024 1:00 am http://managersofwealth.com/article/114567/the-convergence-of-health-wealth-and-longevity-services The convergence of health, wealth and longevity services Health & Wellness The AI-health revolution – future-proofing our golden years News Aggregation Team Monday, September 30, 2024 1:00 am http://managersofwealth.com/article/114325/the-ai-health-revolution-ampndash-future-proofing-our-golden-years The evolution of this tradition symbolises a global phenomenon – individuals, and entire societies, are getting older. Health & Wellness People prioritising future health ahead of future wealth News Aggregation Team Monday, September 09, 2024 1:00 am http://managersofwealth.com/article/113899/people-prioritising-future-health-ahead-of-future-wealth Additionally, 30% are investing weekly in premium dietary supplements like protein shakes and 16% consume a specialist diet. Health & Wellness Summer wellness programme at UBP Hong Kong News Team Wednesday, August 28, 2024 1:00 am http://managersofwealth.com/article/113682/summer-wellness-programme-at-ubp-hong-kong By seamlessly blending educational, physical, and community-focused elements, the action showcases UBP’s commitment to promoting health, well-being, and a positive impact Health & Wellness SJP: We need to talk more about money to improve mental health News Aggregation Team Thursday, May 02, 2024 1:00 am http://managersofwealth.com/article/111474/sjp-we-need-to-talk-more-about-money-to-improve-mental-health But opening up about money can improve people’s mental health, whether they’re sharing their own financial worries or talking to others about theirs. Health & Wellness Mental health ranks as highest employee concern for asset managers News Aggregation Team Friday, January 26, 2024 12:00 am http://managersofwealth.com/article/109659/mental-health-ranks-as-highest-employee-concern-for-asset-managers Work-life balance a key priority Health & Wellness Best wishes for your health and happiness in 2024 and beyond News Team Wednesday, December 27, 2023 12:00 am http://managersofwealth.com/article/109122/best-wishes-for-your-health-and-happiness-in-2024-and-beyond The Sustainability Revolution is well underway and is reshaping risk and return dynamics across sectors. Clean energy has now fully eclipsed fossil fuels. Health & Wellness What you can do to boost your employees’ financial health News Team Thursday, July 06, 2023 1:00 am http://managersofwealth.com/article/105833/what-you-can-do-to-boost-your-employeesamprsquo-financial-health 2022 started off strong for employees: the job market was hot, and employees were wooed with perks and bonuses. Health & Wellness