Managers of Wealth https://managersofwealth.com/ Thu, 23 Jan 2025 07:23:19 GMT part of MediaG8way Group https://managersofwealth.com/ https://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP JPMorgan, Deutsche Bank position for boom in ultra wealthy families News Aggregation Team Thursday, January 23, 2025 12:00 am https://managersofwealth.com/article/116411/jpmorgan-deutsche-bank-position-for-boom-in-ultra-wealthy-families Top City banks ramp up hiring in key wealth hubs in the US, UK and Europe to cater for a growing class of millionaires and billionaires Wealth and Asset Management HSBC opens new branches in India to support wealth management News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116385/hsbc-opens-new-branches-in-india-to-support-wealth-management The bank has also expanded its operations in GIFT City with new premises. Wealth and Asset Management Morgan Stanley Wealth Management Pulse Survey Reveals Investor Views Hold Steady Amid New Year and Administration Change News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116386/morgan-stanley-wealth-management-pulse-survey-reveals-investor-views-hold-steady-amid-new-year-and-administration-change As with any new administration coming in, potential policy changes can cause uncertainty in the markets Wealth and Asset Management Peter Clark named as one of the 2025 PAM 50 Most Influential News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116387/peter-clark-named-as-one-of-the-2025-pam-50-most-influential Peter Clark, CEO, has been at the forefront of advancing service-led wealth management solutions for Bentley Reid’s private clients for almost 20 years. Wealth and Asset Management LOIM launches absolute return global macro strategy News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116402/loim-launches-absolute-return-global-macro-strategy The new strategy, DOM Global Macro, is run by a five-person team which joined from Credit Suisse last year. Wealth and Asset Management Goldman Sachs Reports Strong Wealth Management Performance in 2024 News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116394/goldman-sachs-reports-strong-wealth-management-performance-in-2024 With these milestones, Goldman Sachs continues to set benchmarks for excellence in the global wealth management industry. Wealth and Asset Management Quilter reports record core net inflows of £5.2 billion in 2024 News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116397/quilter-reports-record-core-net-inflows-of-amppound52-billion-in-2024 The increase of 3% in the quarter reflected net inflows coupled with broadly neutral markets and a positive contribution from Sterling weakness. Wealth and Asset Management A guide to The Spear’s 500: Everything you need to know News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116400/a-guide-to-the-spearamprsquos-500-everything-you-need-to-know The Spear's 500 is the definitive resource for (U)HNWs in search of expert advisers and service-providers. Wealth and Asset Management Manx Financial Group acquires CAM Wealth Group Holdings and CAM Wealth Group News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116405/manx-financial-group-acquires-cam-wealth-group-holdings-and-cam-wealth-group This acquisition aligns perfectly with our objective of enhancing shareholder value while exploring new avenues for growth within the UK’s financial landscape. Wealth and Asset Management Navigating wealth preservation and growth: Insights from Richard Grasby News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116406/navigating-wealth-preservation-and-growth-insights-from-richard-grasby Richard also highlights the value of transparent, client-focused services and the increasing role of next generation leaders in shaping family governance and succession planning. Wealth and Asset Management Iress expands wealth team with multiple new roles News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116388/iress-expands-wealth-team-with-multiple-new-roles Iress also appointed Tom Cochran, formerly a national account manager at Morningstar, as head of partnerships. Executive Moves AllianceBernstein hires UK retail distribution head from Goldman Sachs News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116390/alliancebernstein-hires-uk-retail-distribution-head-from-goldman-sachs Adam Peters was previously head of UK wealth distribution at GSAM Executive Moves Ninety One appoints Justin Jewell News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116391/ninety-one-appoints-justin-jewell Jewell to join Developed Markets Specialist Credit team. Executive Moves Indosuez WM's Asia investment head exits News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116395/indosuez-wmamp039s-asia-investment-head-exits The well-known fund selector is leaving the bank after an eight-year stint. Executive Moves Ex-Julius Baer CIO becomes chair of Top 50 IAM News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116403/ex-julius-baer-cio-becomes-chair-of-top-50-iam Longstanding Wydler Asset Management employee Frank Ramsperger succeeds founder Edwin Wydler, who is stepping down as chairman of the board of directors. Executive Moves Envestnet Announces Chris Todd as Chief Executive Officer News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116404/envestnet-announces-chris-todd-as-chief-executive-officer Transformational Leader to Drive Innovation, Enhance Client Experience, and Accelerate Growth Executive Moves Oakglen adds another Quilter Cheviot wealth manager to its ranks News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116408/oakglen-adds-another-quilter-cheviot-wealth-manager-to-its-ranks Jack Harris becomes the ninth Quilter Cheviot employee to join Oakglen since it was established two years ago. Executive Moves Scott Poore Named Chief Investment Officer of Kingswood Wealth Advisors News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116409/scott-poore-named-chief-investment-officer-of-kingswood-wealth-advisors Poore to continue overseeing the rebranded Kingswood Eudaimonia Asset Platform, a TAMP that provides advisors access to strategic and customized portfolios Executive Moves DZ Privatbank establishes CIO board and appoints spokesperson News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116399/dz-privatbank-establishes-cio-board-and-appoints-spokesperson DZ Privatbank appoints Michael Bissinger as spokesperson and creates a CIO board, replacing Stefan Bielmeier as CIO. Executive Moves HSBC GPB's Malaysia desk head exits News Aggregation Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116365/hsbc-gpbamp039s-malaysia-desk-head-exits The banker, who is exiting the British bank after three years, is tipped to join another private bank shortly. Executive Moves 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 https://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 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 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 offices and startups: a match made in heaven? News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116407/family-offices-and-startups-a-match-made-in-heaven The flow of capital from family offices into early-stage UK companies could be a win-win situation Family Office Check out multi-family office Swiss 5’s digital drive  News Aggregation Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116367/check-out-multi-family-office-swiss-5amprsquos-digital-drive COO of Swiss 5 Group, Maximilian Rümmelein, talks to Citywire about digitalising the company. Family Office Turkey’s first multi-family office sets out plans for international growth News Aggregation Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116377/turkeyamprsquos-first-multi-family-office-sets-out-plans-for-international-growth The obvious choice was to follow in the footsteps of her father Murat, one of the country’s top lawyers. Family Office 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 Rolls-Royce Soars to £50bn Market Value After FTSE 100 Surge News Aggregation Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116398/rolls-royce-soars-to-amppound50bn-market-value-after-ftse-100-surge Investors have rallied behind the company’s recovery, buoyed by renewed confidence in its growth prospects across multiple sectors, including aerospace, defense, and energy. Luxury 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 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 L&G Mastertrust reaches £30 billion in AUM News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116392/lampampg-mastertrust-reaches-amppound30-billion-in-aum Largest commercial master trust in the UK grows by a third in under two years. Comment & Analysis Nearly half of young women doing sports consider giving up News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116396/nearly-half-of-young-women-doing-sports-consider-giving-up This is despite the fact that sports are known to often have a positive psychological effect. Comment & Analysis Former Ambassador: «Ermotti One of the World's Best Bankers» News Aggregation Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116360/former-ambassador-amplaquoermotti-one-of-the-worldamp039s-best-bankersampraquo He stresses the need for transparency and highlights how seasoned banking leadership previously ensured smoother relations with U.S. authorities. Comment & Analysis Billionaires’ wealth soared in 2024, anti-poverty group says as the elites prepare for another Davos News Aggregation Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116363/billionairesamprsquo-wealth-soared-in-2024-anti-poverty-group-says-as-the-elites-prepare-for-another-davos A year ago, the group forecast that only one trillionaire would appear during that time. Comment & Analysis FWD Hong Kong secures bancassurance deal to serve high-net-worth clients News Aggregation Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116372/fwd-hong-kong-secures-bancassurance-deal-to-serve-high-net-worth-clients Partnership advances company's strategy to grow through multi-channel distribution Comment & Analysis A new chapter begins today News Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116375/a-new-chapter-begins-today Donald Trump will become the second person to hold office in two non-consecutive terms (Stephen G. Cleveland was the other one, in 1837). Comment & Analysis World will soon see first trillionaires as wealth of billionaires yet again on the rise: 'Obscene' News Aggregation Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116380/world-will-soon-see-first-trillionaires-as-wealth-of-billionaires-yet-again-on-the-rise-amp039obsceneamp039 Some millionaires and billionaires are calling on the UK and other governments to do the right thing by taxing wealth and income from wealth Comment & Analysis 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 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 Top 10 trends in private wealth for 2025 News Team Tuesday, January 21, 2025 12:00 am https://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 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 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 Modern Bankers in an age of sustainable banking: Three take-aways News Aggregation Team Wednesday, January 22, 2025 12:00 am https://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 Trump’s climate policy and its impact on investments News Team Wednesday, January 22, 2025 12:00 am https://managersofwealth.com/article/116401/trumpamprsquos-climate-policy-and-its-impact-on-investments In practice, this means that the US no longer has to submit a climate action plan to the United Nations every five years. Planet SOS The BNP Paribas Foundation launches a new “Climate & Biodiversity Initiative” call for projects dedicated to the ocean and costal ecosystems News Team Tuesday, January 21, 2025 12:00 am https://managersofwealth.com/article/116371/the-bnp-paribas-foundation-launches-a-new-ampldquoclimate-ampamp-biodiversity-initiativeamprdquo-call-for-projects-dedicated-to-the-ocean-and-costal-ecosystems Based on this observation, the BNP Paribas Foundation has chosen to dedicate its 6th “Climate & Biodiversity Initiative” to projects on ocean and coastal ecosystems. Planet SOS 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 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