Managers of Wealth

Worst November for City jobs since the credit crunch

“The City jobs market has been quite stable over the last few months so hopefully the November figures will prove to be a short term blip rather than a sign of things to come.”

Posen, de Rothschild: Big Business Should Be More Inclusive

“One of the alarming effects of the global financial crisis has been the widespread erosion of confidence in capitalism itself.”

Thoughts on Ed Balls' pension tax "raid" by George Bull, Baker Tilly

With memories of the Brown tax raid still lingering, it’s odd that Ed Balls seems to be leading on a Robin Hood-style approach, robbing what he defines as the rich to help those without jobs.

Investment update on the outlook for Asia in 2013 - Barings

Despite volatility caused by events both within and outside of the region, it is important to recognise that Asia was one of the top performing regions in 2012 with the MSCI AC Asia ex Japan Index rising by 22.60% in US dollar terms over the course of the

Soaking the rich won't work

Governments that are raising tax rates on the wealthy to plug budget holes are doomed to disappointment.

Grey Swans and Active Management - by Moz Afzal, CIO & Daniel Murray, Chief Economist, EFG Asset Management

One year: too long in a world of ‘risk-on’ and ‘risk-off’

Pulling back from the cliff - Coutts Comment

We expect the positive tone in equity markets to continue. Recent economic data out of the US and China has been strong, and markets will take heart from the positive news flow, at least until the politicians are called upon for more decision making.

"Acquiesce" and “Hung in a Bad Place” by the US politicians - Tom Becket, CIO Psigma Investment Management

Fittingly, given the confidence-crippling chaos and subsequent submission in US Congress the first song to be shuffled on to my iPod on my New Year’s Day run was the magnificent “Acquiesce” by Oasis.

Congress hands America a Wile E Coyote moment…

The Fiscal Cliff has been averted but not without America experiencing a Wile E Coyote moment

2013: A year in the global economy by Keith Wade and Azad Zangana, Schroders

Schroders’ Chief Economist Keith Wade and European Economist, Azad Zangana, discuss why the global economy hit another soft patch in 2012 and share their views on other economic factors that had an impact over the last 12 months.

'Women will save US economy', predicts billionaire investor Warren Buffett

According to the Telegraph, Buffett's remarks came during an interview with fellow philanthropist Melinda Gates, with BBC Radio 4.

UK should step up defence of financial services

The Government must do more to defend the contribution the financial services sector makes to the wider economy because it is not just about “a few people drinking Bollinger”, according to the City of London Corporation.

The City, the EU and a very inconvenient truth

Enoch Powell once said that the best way to keep a secret was to announce it on the floor of the House of Commons, so little notice was taken of anything that went on there.

The Biggest Billionaire Scandals Of 2012, According To Forbes

“Let me tell you about the very rich,” wrote F. Scott Fitzgerald in his short story The Rich Boy in 1926. “They are different from you and me. They possess and enjoy early, and it does something to them…”

What can banks learn from retail giants and the porn industry?

New Lafferty report applies retailer best practice to banks in an effort to make them 'loved'

Coutts Wealth Watch - Gold exposure trimmed for first time since global crisis

We are reducing our exposure to gold for the first time since June 2009 because we believe that several key risks to the global economy that underpinned the precious metal are being addressed. But we remain positive on gold and believe it has a place in p

Comment & Analysis