Managers of Wealth

Definitions: Lead – to direct the way ahead or, lead – a dead weight

“Inspiration” – to stimulate (a person) to activity or creativity.

Ask Vince Cable

“We admit that we doubted the zimbabweconomists who said “this will work, trust us, we’ve never been wrong theoretically,” but the wealth effect is working.

Budget 2013 – it’s time to get personal

With the Budget less than a week away, in this edition of Baker Tilly’s weekly round-up of the most important tax news, we look at who the real winners and losers could be next Wednesday…

Here’s what the wealthiest of the wealthy in Canada earn — and pay in taxes

Western governments have traditionally relied on a variation of Sutton’s Law

Unprecedented bank bailout deal brings unwanted twist to the eurozone crisis The controversial bank bailout deal for Cyprus

The controversial bank bailout deal for Cyprus is unprecedented in that it penalises savers and junior bondholders. The images of frantic customers queuing outside branches in a desperate bid to withdraw their hard-earned savings highlights the precarious

Osborne's Budget 2013: We Must Energise the 'Wealth Creators'

Osborne positioned himself squarely behind hard-working, "aspirational" families, while promising measures to safeguard provisions for the young and elderly.

Financial privacy is important to the Swiss population

Protection of financial privacy remains important; solutions regarding unresolved tax and market access issues are called for

No government, no OMT: what can the ECB do?

European Economic Weekly by BofA Merrill Lynch Global Research

The asset management shakeout

Growth in new money flows will slow to less than 1 percent annually for each of the next five years

Amundi - Cross Asset Investment Strategy - March 2013

A striking display of vulnerability and tension but not necessarily a reversal in trends.

Qatar richest country in the world: IIF

Qatar emerged as the world's wealthiest country in 2010 with a per capita income of $88, 559

Support to young entrepreneurs misdirected and out of touch - according to new report

Outdated perceptions that entrepreneurs are ‘isolated, highly driven, risk taking mavericks’ are putting off some young people from starting up their own businesses

The thrill is gone from "The Fear Index" - Coutts

So perhaps there will more reasons to be happy in 2013.

Policy think-tank set up ahead of annual BRICS summit

Academics from the BRICS countries – Brazil, Russia, India, China and South Africa – this week established a policy think-tank ahead of the fifth BRICS summit to be held in Durban.

Gulf a comfortable fit for Swiss private banker Lombard Odier

The illustrious private banking business, for centuries virtually synonymous with Swiss reliability and discretion, is also feeling the pressure.

Under Jordan Swiss National Bank Returns to Being Boring

Jordan, a bespectacled central-bank veteran, took the top job at the SNB in April after Philipp Hildebrand resigned.

RBC releases 2012 Corporate Responsibility Report and Public Accountability Statement

RBC has released its 2012 Corporate Responsibility Report and Public Accountability Statement, outlining the bank's economic, environmental and social commitments and their impact.

Investors name US as investment market of choice - Barclays Stockbrokers

Two years on from the launch of its International Trader platform, Barclays Stockbrokers reveals the international markets and sectors favoured by its clients, and the top traded stocks on the platform in 2012.

Global Wealth Monitor Shows New Segment Emerging among Affluent - RESEARCH

So what is behind the Taking Control movement trending among affluent investors, the “New Black”?

British banks may have £30bn hidden losses

HSBC, which is the biggest bank by assets, was shown to have £10.4bn of hidden losses

Comment & Analysis