Managers of Wealth https://managersofwealth.com/ Tue, 21 Jan 2025 03:32:54 GMT part of MediaG8way Group https://managersofwealth.com/ https://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Standard Chartered inspires affluent clients with a global wealth campaign “Now’s your time for wealth” News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116333/standard-chartered-inspires-affluent-clients-with-a-global-wealth-campaign-ampldquonowamprsquos-your-time-for-wealthamprdquo We are excited to unveil our “Now’s your time for wealth” campaign across our network and let the power of the creatives tell the Standard Chartered story.” Wealth and Asset Management China's bank wealth management market expands in 2024 News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116334/chinaamp039s-bank-wealth-management-market-expands-in-2024 The center said 30,800 wealth management products were launched by a combination of 179 banking institutions and 31 wealth management companies in China's banking system last year, raising a total of 67.31 trillion yuan. Wealth and Asset Management Rathbones’ CEO Paul Stockton: ‘We’re a bit more Middle England than Monaco’ News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116335/rathbonesamprsquo-ceo-paul-stockton-amplsquoweamprsquore-a-bit-more-middle-england-than-monacoamprsquo The 280-year-old wealth manager Rathbones has learnt new tricks from its Investec merger and is ready to embrace passive investment and Instagram Wealth and Asset Management TISE reports double digit listings growth and new records in 2024 News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116339/tise-reports-double-digit-listings-growth-and-new-records-in-2024 The total market value of all listed securities surpassed the £750 billion mark for the first time, reaching £756 billion at the end of December. Wealth and Asset Management Labuan Financial Services Authority is Committed to Preserving Integrity of Labuan IBFC News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116340/labuan-financial-services-authority-is-committed-to-preserving-integrity-of-labuan-ibfc Labuan FSA wishes to emphasise our zero tolerance for any breaches of the law. Wealth and Asset Management Glarner Kantonalbank sets the course for further success in the EVV business News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116342/glarner-kantonalbank-sets-the-course-for-further-success-in-the-evv-business The team for supporting external asset managers has been reorganized within the trading/treasury department and is now headed by Urs Bruhin. Wealth and Asset Management Baloise sells FRIDAY portfolio News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116345/baloise-sells-friday-portfolio As part of its refocusing strategy, Baloise will in future focus on highly profitable segments in which our operations are at an appropriate scale. Wealth and Asset Management Julius Baer forecasts high single-digit returns for 2025 News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116350/julius-baer-forecasts-high-single-digit-returns-for-2025 Julius Baer also noted that 2025 would be a good year for bonds despite higher inflation, according to its 2025 outlook. Wealth and Asset Management Guernsey Trust Manager joins Citywealth Future Leaders Awards 2025 judging panel News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116351/guernsey-trust-manager-joins-citywealth-future-leaders-awards-2025-judging-panel She will be joining five other judges and panel moderator Karen Jones, CEO of Citywealth. Wealth and Asset Management Rathbones’ CEO Paul Stockton: ‘We’re a bit more Middle England than Monaco’ News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116354/rathbonesamprsquo-ceo-paul-stockton-amplsquoweamprsquore-a-bit-more-middle-england-than-monacoamprsquo The 280-year-old wealth manager Rathbones has learnt new tricks from its Investec merger and is ready to embrace passive investment and Instagram Wealth and Asset Management M&G Appoints Marcello Arona as Chief Financial Officer of M&G Investments News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116330/mampampg-appoints-marcello-arona-as-chief-financial-officer-of-mampampg-investments With over 20 years of experience in asset management, Marcello brings a wealth of financial expertise and strategic leadership to M&G Investments. Executive Moves Labuan FSA Announces Departure of Chairman Dato’ Wan Mohd Fadzmi News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116341/labuan-fsa-announces-departure-of-chairman-datoamprsquo-wan-mohd-fadzmi Labuan FSA will unveil the appointment of its new Chairman in due course, pending approval from the Ministry of Finance. Executive Moves ZKB hands three branches to advisory team head News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116344/zkb-hands-three-branches-to-advisory-team-head Corinne Burkhard, who grew up in the region, has experience as an adviser to wealthy private clients. Executive Moves Corum Vermögensverwaltung names CEO amid takeover drive News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116343/corum-vermampoumlgensverwaltung-names-ceo-amid-takeover-drive Corum has reshuffled its management in line with Finma requirements, Citywire can reveal. Executive Moves Fisch Asset Management strengthens its presence in Germany News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116346/fisch-asset-management-strengthens-its-presence-in-germany Gudrun Nagel and Rik Verhoeven will be responsible for the support and acquisition of institutional and wholesale customers. Executive Moves Barclays appoints Pier Luigi Colizzi as Global Chairman of Investment Banking News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116348/barclays-appoints-pier-luigi-colizzi-as-global-chairman-of-investment-banking Pier Luigi Colizzi joins the Global Chairman Group, which is focused on growing CEO and Board-level relationships, and delivering strategic, value-added advice and services Executive Moves Barclays appoints Paul Johnson as Head of Equities, Asia Pacific News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116349/barclays-appoints-paul-johnson-as-head-of-equities-asia-pacific Paul Johnson’s appointment to boost the bank’s regional capabilities and accelerate growth ambitions in APAC Executive Moves Stonehage Fleming Appoints Stuart Parkinson As Group CEO News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116352/stonehage-fleming-appoints-stuart-parkinson-as-group-ceo With over 30 years of international experience in banking and financial services, Stuart brings impressive credentials to his new responsibilities at Stonehage Fleming. Executive Moves Skybound Wealth Welcomes Dmitriy Ermakov as Group Head of Marketing News Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116311/skybound-wealth-welcomes-dmitriy-ermakov-as-group-head-of-marketing Dmitriy Ermakov joins the award-winning Skybound Wealth as Group Head of Marketing. Executive Moves Christie’s announces leadership changes, names Bonnie Brennan as new CEO News Aggregation Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116325/christieamprsquos-announces-leadership-changes-names-bonnie-brennan-as-new-ceo Brennan is an industry veteran with 28 years of experience who has served as regional president of the Americas since 2021. Executive Moves Claire Trott: Navigating annuities and inheritance tax News Aggregation Team Monday, January 20, 2025 12:00 am https://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 AT1 lawsuit: US lawyers increase pressure on Switzerland News Aggregation Team Thursday, January 09, 2025 12:00 am https://managersofwealth.com/article/116152/at1-lawsuit-us-lawyers-increase-pressure-on-switzerland The complaint was supplemented with additional plaintiffs and with information from the PUK report. Legal,Regulation,Tax & Compliance U.S. Transfers $50M in Forfeited Assets to the Republic of Estonia in Recognition of Assistance in the Danske Bank Prosecution and Forfeiture News Team Wednesday, January 08, 2025 12:00 am https://managersofwealth.com/article/116123/us-transfers-50m-in-forfeited-assets-to-the-republic-of-estonia-in-recognition-of-assistance-in-the-danske-bank-prosecution-and-forfeiture Estonia’s pledge to use the funds to combat financial crime, enhance asset recovery, and facilitate international cooperation reflects both countries’ commitment to invest in our vital law enforcement relationship to tackle complex cross-borde Legal,Regulation,Tax & Compliance AFSL deficiencies identified at Sanlam Private Wealth News Aggregation Team Monday, January 06, 2025 12:00 am https://managersofwealth.com/article/116066/afsl-deficiencies-identified-at-sanlam-private-wealth It offers portfolio services, funds management, wealth advisory and corporate finance. Legal,Regulation,Tax & Compliance Bahamas' strong financial services laws, products highlighted at STEP Asia News Aggregation Team Friday, December 27, 2024 12:00 am https://managersofwealth.com/article/115995/bahamasamp039-strong-financial-services-laws-products-highlighted-at-step-asia “STEP Asia was a highlight to end the last quarter of 2024,” said Lawrence. Legal,Regulation,Tax & Compliance UBS' Reaction to PUK Report News Aggregation Team Monday, December 23, 2024 12:00 am https://managersofwealth.com/article/115954/ubsamp039-reaction-to-puk-report The report confirms UBS's own opinion that the collapse of CS was the result of years of strategic missteps, mismanagement, and reliance on substantial regulatory concessions. Legal,Regulation,Tax & Compliance M&G sues Royal London over £86m Ascentric purchase News Aggregation Team Monday, December 23, 2024 12:00 am https://managersofwealth.com/article/115966/mampampg-sues-royal-london-over-amppound86m-ascentric-purchase Asset manager looks for at least £27m in damages on back of investments in high-risk bonds. Legal,Regulation,Tax & Compliance Federal Council issues opinion on report of Parliamentary Investigation Committee concerning Credit Suisse News Team Friday, December 20, 2024 12:00 am https://managersofwealth.com/article/115939/federal-council-issues-opinion-on-report-of-parliamentary-investigation-committee-concerning-credit-suisse In its report for the attention of the Federal Assembly, the Federal Council sets out its position on the PInC's recommendations, motions and postulates. Legal,Regulation,Tax & Compliance FCA regulated? Keep these regulatory themes top of mind for 2025 News Team Friday, December 20, 2024 12:00 am https://managersofwealth.com/article/115942/fca-regulated-keep-these-regulatory-themes-top-of-mind-for-2025 We’ve been reflecting on the big regulatory changes we’ve seen in the UK this year and how they impact what we all need to be thinking about as we move into the new year. Legal,Regulation,Tax & Compliance Jeff Bezos saved around $1 billion in taxes by moving to a ‘billionaire bunker’ in Florida News Aggregation Team Thursday, December 19, 2024 12:00 am https://managersofwealth.com/article/115899/jeff-bezos-saved-around-1-billion-in-taxes-by-moving-to-a-amplsquobillionaire-bunkeramprsquo-in-florida Since his move in early 2024, Bezos has sold an estimated $13.6 billion worth of Amazon stock, according to Forbes. Legal,Regulation,Tax & Compliance Broadridge Enhances Multi-Asset Post Trade Processing with GenAI-Powered Analytics News Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116312/broadridge-enhances-multi-asset-post-trade-processing-with-genai-powered-analytics The advanced analytics feature is instrumental to international firms navigating evolving regulatory and market dynamics. FinTech StashAway sees investment deposits double in 2024 News Aggregation Team Thursday, January 16, 2025 12:00 am https://managersofwealth.com/article/116285/stashaway-sees-investment-deposits-double-in-2024 Its HNW and emerging HNW were more likely to invest in a diversified portfolio. FinTech Smarter shopping: 2025 trends to watch, from sustainability to AI News Team Thursday, January 16, 2025 12:00 am https://managersofwealth.com/article/116293/smarter-shopping-2025-trends-to-watch-from-sustainability-to-ai Artificial intelligence (AI) has emerged as a pivotal enabler, revolutionising the ways in which consumers shop, retailers operate, and investors identify opportunities. FinTech Deutsche Bank to provide trust accounts for Bison users News Team Tuesday, January 14, 2025 12:00 am https://managersofwealth.com/article/116230/deutsche-bank-to-provide-trust-accounts-for-bison-users The collaboration with Deutsche Bank introduces an innovative trust account solution. FinTech Sygnum Completes USD 58m Strategic Growth Round, Achieves Unicorn Status with 1bn valuation News Team Tuesday, January 14, 2025 12:00 am https://managersofwealth.com/article/116232/sygnum-completes-usd-58m-strategic-growth-round-achieves-unicorn-status-with-1bn-valuation As the industry’s trend towards regulatory compliance gathers pace, additional investments will be made to further strengthen Sygnum’s organisational and operational resilience, compliance teams and state-of-the-art risk management. FinTech bfinance launches HNWI private credit wealth management tool News Team Tuesday, January 14, 2025 12:00 am https://managersofwealth.com/article/116239/bfinance-launches-hnwi-private-credit-wealth-management-tool The service is led by head of bfinance Access Bradley Budd. FinTech First American Bank joins InvestCloud to digitise Wealth Management News Aggregation Team Monday, January 13, 2025 12:00 am https://managersofwealth.com/article/116214/first-american-bank-joins-investcloud-to-digitise-wealth-management Currently operating on a technology stack with multiple systems, FAB recognised the need to provide its clients and advisors with a unified and modern platform. FinTech Innovative and consultative, this is the approach of the new wealth-tech News Team Thursday, January 09, 2025 12:00 am https://managersofwealth.com/article/116146/innovative-and-consultative-this-is-the-approach-of-the-new-wealth-tech A complex context in which it is crucial to identify partners capable not only of offering cutting-edge technological solutions with the evolution of the market, but also a targeted consultancy approach. FinTech Objectway expands into the MENA region by signing with Kuwait Financial Centre "Markaz" News Team Thursday, January 09, 2025 12:00 am https://managersofwealth.com/article/116148/objectway-expands-into-the-mena-region-by-signing-with-kuwait-financial-centre-ampquotmarkazampquot Strategic collaboration leverages Objectway’s cutting-edge modular solution to enhance the client experience for Markaz customers. FinTech Bitcoin: handle with care News Team Wednesday, January 08, 2025 12:00 am https://managersofwealth.com/article/116113/bitcoin-handle-with-care Since its inception, Bitcoin and other cryptocurrencies have sparked debates among enthusiasts and critics about their nature and value. FinTech Family office founders and next generation in the Americas have different priorities News Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116326/family-office-founders-and-next-generation-in-the-americas-have-different-priorities The biggest area of difference identified by 68% of those questioned is investing in digital assets while 52% point to differences over ESG and impact investing. Family Office Singapore's family office count tops 2,000 after record 43% growth News Aggregation Team Wednesday, January 15, 2025 12:00 am https://managersofwealth.com/article/116257/singaporeamp039s-family-office-count-tops-2000-after-record-43-growth The number of single family offices in Singapore soared to over 2,000 in 2024, despite money laundering concerns and processing delays. Family Office Heather Tibbo Recognised as ‘Influential’ Industry Professional News Team Wednesday, January 15, 2025 12:00 am https://managersofwealth.com/article/116270/heather-tibbo-recognised-as-amplsquoinfluentialamprsquo-industry-professional Heather is included in the 2025 eprivateclient 50 Most Influential list, published this week. Family Office Corient Acquires Multi-Family Office Business of Geller, Expanding U.S. Wealth Management Presence and Deepening Family Office Capabilities News Team Wednesday, January 15, 2025 12:00 am https://managersofwealth.com/article/116271/corient-acquires-multi-family-office-business-of-geller-expanding-us-wealth-management-presence-and-deepening-family-office-capabilities Prominent New York-based MFO firm with $10.4 billion in assets joining Corient Family Office Family offices turn to start-ups, M&As: PwC News Aggregation Team Monday, January 13, 2025 12:00 am https://managersofwealth.com/article/116221/family-offices-turn-to-start-ups-mampampas-pwc The annual study found family offices' appetite for companies that are start-ups, and merger and acquisition opportunities have ballooned since 2014. Family Office Hong Kong Eases Investment Rules to Attract Family Offices News Aggregation Team Thursday, January 09, 2025 12:00 am https://managersofwealth.com/article/116141/hong-kong-eases-investment-rules-to-attract-family-offices Additionally, investments made via eligible private companies owned by applicants will now qualify under the scheme. Family Office Family Offices Vs. Wealth Management Firms: Choosing What's Best For You News Aggregation Team Tuesday, January 07, 2025 12:00 am https://managersofwealth.com/article/116087/family-offices-vs-wealth-management-firms-choosing-whatamp039s-best-for-you Whether it’s preserving generational wealth, creating a legacy or finding the right investments to fit unique goals, family offices can offer customization and attention. Family Office Mauritius: The new frontier for family offices? News Team Monday, January 06, 2025 12:00 am https://managersofwealth.com/article/116076/mauritius-the-new-frontier-for-family-offices When establishing a family office today, families have an unprecedented global landscape of potential jurisdictions to choose from Family Office Bankers say Hong Kong’s new tax concessions to boost city’s status as family office hub News Aggregation Team Tuesday, December 31, 2024 12:00 am https://managersofwealth.com/article/116014/bankers-say-hong-kongamprsquos-new-tax-concessions-to-boost-cityamprsquos-status-as-family-office-hub UBS, JPMorgan and BNP Paribas among key players seeking to attract family offices Family Office How Gen X and millennials are changing the face of the traditional family office as they inherit over $80 trillion News Aggregation Team Monday, December 23, 2024 12:00 am https://managersofwealth.com/article/115952/how-gen-x-and-millennials-are-changing-the-face-of-the-traditional-family-office-as-they-inherit-over-80-trillion Generation Z and younger generations (ages 27 and younger) are expected to inherit over $15 trillion. Family Office Luxury advisor shares unlikely place to find high-net-worth leads after €80k booking News Aggregation Team Thursday, January 16, 2025 12:00 am https://managersofwealth.com/article/116280/luxury-advisor-shares-unlikely-place-to-find-high-net-worth-leads-after-ampeuro80k-booking Thomas Ashley launched his elite travel agency last year after decades of working in luxury hospitality. Luxury Luxury import car sales drop as wealthy buyers tighten budgets News Aggregation Team Wednesday, January 15, 2025 12:00 am https://managersofwealth.com/article/116258/luxury-import-car-sales-drop-as-wealthy-buyers-tighten-budgets Although high-end import buyers typically include corporations and high-income individuals who are less sensitive to economic fluctuations, the downturn in the domestic economy has taken its toll. Luxury Porsche Breaks Records in Switzerland News Aggregation Team Tuesday, January 14, 2025 12:00 am https://managersofwealth.com/article/116226/porsche-breaks-records-in-switzerland The brand also saw significant growth in electrified vehicles. Luxury The State of Luxury: How to navigate a slowdown News Aggregation Team Tuesday, January 14, 2025 12:00 am https://managersofwealth.com/article/116227/the-state-of-luxury-how-to-navigate-a-slowdown Over the past five years, the luxury industry experienced a period of exceptional value creation. Luxury High-end fashion group Brunello Cucinelli sees strong growth ahead News Aggregation Team Tuesday, January 14, 2025 12:00 am https://managersofwealth.com/article/116244/high-end-fashion-group-brunello-cucinelli-sees-strong-growth-ahead These results surpassed analyst predictions, which had forecasted a Q4 revenue of €349.5 million and an annual revenue of €1.27 billion, as per Visible Alpha estimates. Luxury ART SG Launches Fund For Singapore Art Museum's Acquisitions News Aggregation Team Monday, January 13, 2025 12:00 am https://managersofwealth.com/article/116198/art-sg-launches-fund-for-singapore-art-museumamp039s-acquisitions These acquisitions will become part of SAM's permanent collection, reinforcing the museum’s role as a node for contemporary art and contributing to a culture of philanthropy within Singapore. Luxury Luxury travel is booming – and set to grow further News Aggregation Team Monday, January 13, 2025 12:00 am https://managersofwealth.com/article/116199/luxury-travel-is-booming-ampndash-and-set-to-grow-further Think millionaires and billionaires in lavish suites and on private yachts, enjoying exclusive services most of us would never dream of, let alone actually ask for. Luxury Luxury industry faces headwinds: Pessimism grows amid economic pressures News Aggregation Team Monday, January 13, 2025 12:00 am https://managersofwealth.com/article/116217/luxury-industry-faces-headwinds-pessimism-grows-amid-economic-pressures The rapid expansion also diluted the industry’s core values of exclusivity and craftsmanship, as price hikes outpaced product innovation. Luxury Luxury Yacht Tourism Expands as Global Market Valued at $12.8 Billion by 2031, Italy Dominates Production News Aggregation Team Friday, January 10, 2025 12:00 am https://managersofwealth.com/article/116169/luxury-yacht-tourism-expands-as-global-market-valued-at-128-billion-by-2031-italy-dominates-production These yachts include Jacuzzis, gyms, saunas, sunpads, and other high-end features that cater to the specific desires of affluent owners. Luxury Rolls-Royce CEO: Tariffs will have some impact on luxury goods, but don't weep for the luxury car maker News Aggregation Team Friday, January 10, 2025 12:00 am https://managersofwealth.com/article/116171/rolls-royce-ceo-tariffs-will-have-some-impact-on-luxury-goods-but-donamp039t-weep-for-the-luxury-car-maker Rolls-Royce is selling more higher-price bespoke cars, just as the threat of US tariffs loom. Luxury Millennials and Gen X want to share wealth now. Boomers will wait until they're dead. News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116336/millennials-and-gen-x-want-to-share-wealth-now-boomers-will-wait-until-theyamp039re-dead Millennials and Generation Xers want to transfer wealth to the next generation during their lifetime, the survey found. Extremely Wealthy Chanel Billionaires Invest in a Groundbreaking Fashion Startup News Aggregation Team Wednesday, January 15, 2025 12:00 am https://managersofwealth.com/article/116259/chanel-billionaires-invest-in-a-groundbreaking-fashion-startup This concept has found favor in the highest echelons of the European lifestyle and luxury industries. Extremely Wealthy Thailand Eases Visa Rules for Professionals, Wealthy Foreigners News Aggregation Team Wednesday, January 15, 2025 12:00 am https://managersofwealth.com/article/116264/thailand-eases-visa-rules-for-professionals-wealthy-foreigners Scraps minimum annual income criteria for wealthy applicants Extremely Wealthy Jeff Bezos turns 61. Here are 13 life and career highlights, from Amazon to Blue Origin News Aggregation Team Monday, January 13, 2025 12:00 am https://managersofwealth.com/article/116197/jeff-bezos-turns-61-here-are-13-life-and-career-highlights-from-amazon-to-blue-origin Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico, as Jeffrey Jorgensen Extremely Wealthy The wealth whisperers who save super-rich families from themselves News Aggregation Team Friday, January 10, 2025 12:00 am https://managersofwealth.com/article/116190/the-wealth-whisperers-who-save-super-rich-families-from-themselves A new caste of consultants is helping to avoid “Succession”-style crises Extremely Wealthy Rich families try new tactics to prevent heirs from squandering wealth: ‘joyous’ vibes and escape rooms News Aggregation Team Wednesday, January 08, 2025 12:00 am https://managersofwealth.com/article/116130/rich-families-try-new-tactics-to-prevent-heirs-from-squandering-wealth-amplsquojoyousamprsquo-vibes-and-escape-rooms The Center for Family Legacy, part of Truist Wealth, relies on a novel approach to manage familial dynasties. Extremely Wealthy Generation X set to overtake Boomers as Australia’s wealthiest generation, Millennials left behind News Aggregation Team Friday, January 03, 2025 12:00 am https://managersofwealth.com/article/116059/generation-x-set-to-overtake-boomers-as-australiaamprsquos-wealthiest-generation-millennials-left-behind The great wealth transfer has finally hit Australia, with Baby Boomers set to lose their title as the country’s richest generation in a historic shift. Extremely Wealthy Bloomberg Billionaires Index News Aggregation Team Thursday, January 02, 2025 12:00 am https://managersofwealth.com/article/116026/bloomberg-billionaires-index The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. Extremely Wealthy Elon Musk: Giving Away Money is 'Very Difficult' If You 'Care About the Reality of Doing Good and Not the Perception of Doing Good' News Aggregation Team Thursday, January 02, 2025 12:00 am https://managersofwealth.com/article/116032/elon-musk-giving-away-money-is-amp039very-difficultamp039-if-you-amp039care-about-the-reality-of-doing-good-and-not-the-perception-of-doing-goodamp039 This candid take highlights Musk’s focus on measurable impact over public approval and offers insight into his approach to philanthropy and social responsibility. Extremely Wealthy Hong Kong’s billionaire Cheng family seeks to sell China toll roads for $2.7b News Aggregation Team Tuesday, December 31, 2024 12:00 am https://managersofwealth.com/article/116020/hong-kongamprsquos-billionaire-cheng-family-seeks-to-sell-china-toll-roads-for-27b CTF Services, formerly known as NWS Holdings, is in early-stage discussions with China’s state-owned Yuexiu Group. Extremely Wealthy UBP: Asian «Connector Economies» a Key Opportunity News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116329/ubp-asian-amplaquoconnector-economiesampraquo-a-key-opportunity There are certain goods that will become increasingly restrictive when directly traded between economies of the two blocs. Comment & Analysis Singapore banks face margin pressures in 2025 as interest rates head south News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116332/singapore-banks-face-margin-pressures-in-2025-as-interest-rates-head-south The three banks will report their full-year 2024 earnings in February, and they are expected to show net income growth. Comment & Analysis Billionaire wealth surges by $2 trillion in 2024, three times faster than the year before, while the number of people living in poverty has barely changed since 1990 News Aggregation Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116347/billionaire-wealth-surges-by-2-trillion-in-2024-three-times-faster-than-the-year-before-while-the-number-of-people-living-in-poverty-has-barely-changed-since-1990 An average of nearly four new billionaires were minted every week. Comment & Analysis Weekly Market Commentary: A second Trump US presidential term starts this week, and markets will be paying close attention News Team Monday, January 20, 2025 12:00 am https://managersofwealth.com/article/116353/weekly-market-commentary-a-second-trump-us-presidential-term-starts-this-week-and-markets-will-be-paying-close-attention Last week saw a decent start to the latest calendar quarterly results season, with the big US banks in particular delivering a strong set of numbers. Comment & Analysis Paradeplatz 8: The CS logo is gone News Aggregation Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116313/paradeplatz-8-the-cs-logo-is-gone It is more than just a bank building: the historic building at Paradeplatz 8 has become a symbol of the Swiss financial center. Comment & Analysis Schroders to cut 3% of staff in new CEO’s growth bid News Aggregation Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116322/schroders-to-cut-3-of-staff-in-new-ceoamprsquos-growth-bid The firm becomes the latest asset manager to implement job culls, with the wider industry under pressure. Comment & Analysis Private firefighters highlight wealth divide in ruined Los Angeles News Aggregation Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116327/private-firefighters-highlight-wealth-divide-in-ruined-los-angeles Instead of calling city and country fire services, Los Angeles’ rich seemed content to hire private firefighters to save their homes. Comment & Analysis Grid congestion gets companies negotiating with grid operators News Team Thursday, January 16, 2025 12:00 am https://managersofwealth.com/article/116279/grid-congestion-gets-companies-negotiating-with-grid-operators The bank believes companies should seek more cooperation and negotiate jointly with grid operators to ease the pressure on the power grid. Comment & Analysis Private banking: four economists share their forecasts for 2025 News Team Wednesday, January 15, 2025 12:00 am https://managersofwealth.com/article/116256/private-banking-four-economists-share-their-forecasts-for-2025 In Switzerland, there will be no escaping the strong franc, or “the fitness programme for Swiss companies” – but negative interest rates are unlikely to return. Comment & Analysis What It Means To Be Wealthy In Spain News Aggregation Team Wednesday, January 15, 2025 12:00 am https://managersofwealth.com/article/116265/what-it-means-to-be-wealthy-in-spain Spain consistently ranks as one of the best countries to visit, famed for its food, climate, landscapes, and culture. Comment & Analysis Patek Philippe squares up to younger buyers with new Cubitus collection News Aggregation Team Tuesday, October 22, 2024 1:00 am https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 Beatles Painting Made Between Tokyo Performances Sells for $1.7 M. at Christie’s News Aggregation Team Tuesday, February 06, 2024 12:00 am https://managersofwealth.com/article/109847/beatles-painting-made-between-tokyo-performances-sells-for-17-m-at-christieamprsquos Japanese authorities decided that was the safest place to keep the band between their five concert performances at Budokan Hall. Extremely Expensive Wealth of world’s billionaires grew by $2tn in 2024, report finds News Aggregation Team Monday, January 20, 2025 12:00 am https://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 https://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 https://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 https://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 https://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 Follow the money News Team Tuesday, December 17, 2024 12:00 am https://managersofwealth.com/article/115851/follow-the-money With the economy slowing and the outlook gloomy, how can we explain the boom in the European credit bond market? Research BNP Paribas Wealth Management Competitor Profile 2024 - ResearchAndMarkets.com News Team Monday, December 16, 2024 12:00 am https://managersofwealth.com/article/115821/bnp-paribas-wealth-management-competitor-profile-2024-researchandmarketscom This report provides a comprehensive analysis of BNP Paribas Wealth Management's operations. Research Skiing into the Swiss property market News Team Thursday, December 05, 2024 12:00 am https://managersofwealth.com/article/115624/skiing-into-the-swiss-property-market Newer resorts such as Andermatt, alongside reinvigorated favourites like Crans-Montana and Klosters, also present an enticing mix of alpine beauty and more competitive pricing. Research Ten Investment Convictions for 2025 News Team Friday, November 29, 2024 12:00 am https://managersofwealth.com/article/115518/ten-investment-convictions-for-2025 A multipolar world continues to force countries to focus on domestic interests. Research Cyber attack fears pile further pressure on business owners reeling from Budget cost hikes News Team Thursday, November 28, 2024 12:00 am https://managersofwealth.com/article/115507/cyber-attack-fears-pile-further-pressure-on-business-owners-reeling-from-budget-cost-hikes Businesses already face a number of headwinds from rising employer National Insurance contributions, a hike in the minimum wage and more demanding employee rights, and it seems technological worries are adding to the burden. Research How The Ultra-Rich Will Travel In 2025 News Aggregation Team Friday, September 13, 2024 1:00 am https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 ESG Economist - High decarbonisation pressure EU energy-intensive industry News Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116278/esg-economist-high-decarbonisation-pressure-eu-energy-intensive-industry There are potential significant emission reductions to be had by decarbonising these sectors Planet SOS Mirova Commits USD10 million to Global Commercial & Industrial Solar Leader ecoligo to Fuel Its Growth in Vietnam News Team Friday, January 17, 2025 12:00 am https://managersofwealth.com/article/116306/mirova-commits-usd10-million-to-global-commercial-ampamp-industrial-solar-leader-ecoligo-to-fuel-its-growth-in-vietnam ecoligo has successfully raised €74 million to date and currently manages a global portfolio of 100 MWp, comprising 200 projects. Planet SOS Building green: how engineered wood is transforming sustainable architecture News Team Tuesday, January 14, 2025 12:00 am https://managersofwealth.com/article/116240/building-green-how-engineered-wood-is-transforming-sustainable-architecture Advances in EWPs are revolutionising modern construction, enabling the creation of timber skyscrapers through industrial prefabrication techniques. Planet SOS Building a Circular Bioeconomy to address the growing risk of wildfires News Team Monday, January 13, 2025 12:00 am https://managersofwealth.com/article/116218/building-a-circular-bioeconomy-to-address-the-growing-risk-of-wildfires Since the evening of Tuesday 7th January, ferocious wildfires have raged across the Los Angeles area. Planet SOS Sustainability round up: take our end-of-year survey News Aggregation Team Monday, December 23, 2024 12:00 am https://managersofwealth.com/article/115963/sustainability-round-up-take-our-end-of-year-survey Whether you have taken this before, but think your view may have changed, or whether you have never taken our survey before Planet SOS ABN AMRO’s Dow Jones Sustainability Index score improved News Team Tuesday, December 17, 2024 12:00 am https://managersofwealth.com/article/115849/abn-amroamprsquos-dow-jones-sustainability-index-score-improved The gain is largely driven by formalising our approach work to promote financial inclusion. Planet SOS 2024 Impact Report: Environment and net-zero strategy News Team Monday, December 16, 2024 12:00 am https://managersofwealth.com/article/115824/2024-impact-report-environment-and-net-zero-strategy At LGT, the Princely Family have made an ambitious commitment to reach net-zero by 2030, both across LGT’s operations and own investments. Planet SOS Comprehensive material flow analysis: Making the most of Switzerland's wood News Team Monday, December 16, 2024 12:00 am https://managersofwealth.com/article/115833/comprehensive-material-flow-analysis-making-the-most-of-switzerlandamp039s-wood Switzerland has set itself a goal that is as ambitious as it is necessary: net zero by 2050. Planet SOS New investment fund: BONHÔTE (CH) - Swiss Gold Bars ESG News Team Wednesday, December 11, 2024 12:00 am https://managersofwealth.com/article/115753/new-investment-fund-bonhampocircte-ch-swiss-gold-bars-esg Bonhôte proud to incept BONHÔTE (CH) - Swiss Gold Bars ESG, an innovative fund investing in physical gold. Planet SOS Schroders adds to list of UK funds adopting sustainability labels News Aggregation Team Tuesday, December 10, 2024 12:00 am https://managersofwealth.com/article/115701/schroders-adds-to-list-of-uk-funds-adopting-sustainability-labels The asset manager is the latest company to firm up its plans to label funds under the UK’s financial regulator’s new regime, which is starting to gain traction. Planet SOS What are some of the current challenges for mental health in the workplace? News Team Tuesday, December 31, 2024 12:00 am https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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