Managers of Wealth https://managersofwealth.com/ Wed, 09 Oct 2024 01:57:40 BST part of MediaG8way Group https://managersofwealth.com/ https://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Northern Trust AM to Grow Fixed Income in EMEA News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114468/northern-trust-am-to-grow-fixed-income-in-emea As a result, in April this year Northern Trust Asset Management announced that Christian Roth has been hired as chief investment officer of global fixed income. Wealth and Asset Management LPL Financial Welcomes Morristown Wealth Management News Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114469/lpl-financial-welcomes-morristown-wealth-management They reported having served approximately $340 million in advisory and retirement plan assets* and join LPL from Raymond James Financial Services. Wealth and Asset Management Wealth Management Industry Awards: On the Red Carpet with Peter Nolan News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114473/wealth-management-industry-awards-on-the-red-carpet-with-peter-nolan At the 10th Annual Wealth Management Industry Awards, Peter Nolan, EVP, Strategic Sales & Partnerships, Pontera discusses how his firm allows advisors to provide their clients with integrated advice Wealth and Asset Management Brooks Macdonald Group to acquire UK chartered financial planner LIFT for £45m News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114478/brooks-macdonald-group-to-acquire-uk-chartered-financial-planner-lift-for-amppound45m As at 31 December 2023, assets under advice were c. £1.6bn Wealth and Asset Management UK financial planner Clarion WP bought by management team after nearly 40 years News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114479/uk-financial-planner-clarion-wp-bought-by-management-team-after-nearly-40-years Founder Ron Walker has sold 60% of his shareholding in the Alderley Edge-based practice Wealth and Asset Management abrdn Expands Real Estate Business in Japan News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114480/abrdn-expands-real-estate-business-in-japan This expansion underlines our ambition to excel in the Japanese real estate market. Wealth and Asset Management Habib Bank AG Zurich: A future-forward wealth management strategy News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114481/habib-bank-ag-zurich-a-future-forward-wealth-management-strategy Sheheryar Rasul, CEO and country head – Switzerland Group Wealth Management, Habib Bank AG Zurich, shares the bank’s long-term vision, with a focus on trust and innovation Wealth and Asset Management Alpian launches wealth management mandate from CHF 2,000 News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114482/alpian-launches-wealth-management-mandate-from-chf-2000 The new offering has an annual fee of 0.75% and includes the option for personal advice. Wealth and Asset Management JPMorgan to Base Group of Private Bankers in New Munich Office News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114487/jpmorgan-to-base-group-of-private-bankers-in-new-munich-office JPMorgan has long been expanding its operations in the country Wealth and Asset Management Commerzbank Creates Division for Ultra-High-Net-Worth Clients and Family Offices News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114488/commerzbank-creates-division-for-ultra-high-net-worth-clients-and-family-offices The unit will have new locations in Hamburg and Stuttgart, in addition to its existing teams in Berlin, Dusseldorf, Frankfurt and Munich. Wealth and Asset Management Easterly Asset Management Appoints Tom Aitken and Peter Mastropietro as Senior Vice Presidents of Private Market Sales News Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114470/easterly-asset-management-appoints-tom-aitken-and-peter-mastropietro-as-senior-vice-presidents-of-private-market-sales Appointments to further expand access for private wealth and institutional investors to Easterly’s growing portfolio of Alternatives Solutions Executive Moves Barclays continues to invest in the UK appointing senior industry leader as Head of Private Bank and Wealth Management UK News Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114471/barclays-continues-to-invest-in-the-uk-appointing-senior-industry-leader-as-head-of-private-bank-and-wealth-management-uk Bringing together these businesses under a single leader will enable a full spectrum of services to be provided to clients in the UK Executive Moves Barclays appoints Bradley Rogoff as Global Head of Research News Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114472/barclays-appoints-bradley-rogoff-as-global-head-of-research He joined the firm in 2002 and currently serves as the Head of FICC Research Executive Moves Son of Malaysia’s Richest Joins DBS Hong Kong’s Board News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114474/son-of-malaysiaamprsquos-richest-joins-dbs-hong-kongamprsquos-board DBS Hong Kong has appointed Kuok Khoon Hua as a member of its board of directors Executive Moves Alice Bischoff becomes new Head of Products & Marketing at Migros Bank News Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114476/alice-bischoff-becomes-new-head-of-products-ampamp-marketing-at-migros-bank She succeeds Rolf Knöpfel Executive Moves Jupiter Fund Management has announced that Alex Savvides has started in his role as Lead Investment Manager, UK Equities News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114477/jupiter-fund-management-has-announced-that-alex-savvides-has-started-in-his-role-as-lead-investment-manager-uk-equities Alex has over 20 years investment experience Executive Moves Bank Syz makes key hires from Deutsche, Julius Baer and HSBC in revamp News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114483/bank-syz-makes-key-hires-from-deutsche-julius-baer-and-hsbc-in-revamp Bank Syz has named a new co-head of wealth management in its recent front-office restructuring. Executive Moves Stonehage Fleming Appoints Carolyn Bell As Deputy Portfolio Manager for Flagship Global Best Ideas Equity Strategy News Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114486/stonehage-fleming-appoints-carolyn-bell-as-deputy-portfolio-manager-for-flagship-global-best-ideas-equity-strategy Prior to Aegon Asset Management, Carolyn spent five years as an Investment Analyst at Baillie Gifford. Executive Moves BNP Paribas appoints Bruno Boussard as Taiwan CEO News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114440/bnp-paribas-appoints-bruno-boussard-as-taiwan-ceo Boussard was most recently the bank's deputy head of group asset liability management (ALM) treasury, and is replacing Manon Breuvart, who has a new role at the bank. Executive Moves Pictet Appoints Singapore Branch CEO News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114442/pictet-appoints-singapore-branch-ceo In the role, she will report to Victor Aerni, equity partner and CEO of Pictet Wealth Management Asia. Executive Moves London Luxury Real Estate Suffers Under Tax Fears News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114447/london-luxury-real-estate-suffers-under-tax-fears Alternative Hubs Weighed Due to UK Tax Changes Legal,Regulation,Tax & Compliance Navigating Jersey’s new guidance on real world assets News Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114435/navigating-jerseyamprsquos-new-guidance-on-real-world-assets Along with an update to the JFSC’s guidance note for initial coin/token offerings, these changes are a meaningful step forward in Jersey’s regulatory approach to virtual assets and tokens. Legal,Regulation,Tax & Compliance UBS Fails with Appeals in Court Proceedings News Aggregation Team Thursday, October 03, 2024 1:00 am https://managersofwealth.com/article/114387/ubs-fails-with-appeals-in-court-proceedings The court also denied the request for suspension. Legal,Regulation,Tax & Compliance Holland & Knight Represents Nomura on a Private Placement of the Colombian Peso Equivalent of $50 Million for Payroll Lending in Colombia News Team Tuesday, October 01, 2024 1:00 am https://managersofwealth.com/article/114331/holland-ampamp-knight-represents-nomura-on-a-private-placement-of-the-colombian-peso-equivalent-of-50-million-for-payroll-lending-in-colombia Borrowers receive these loans – known as libranzas – through their employers and make repayments via payroll deductions. Legal,Regulation,Tax & Compliance New regime, new taxes? News Aggregation Team Thursday, September 26, 2024 1:00 am https://managersofwealth.com/article/114260/new-regime-new-taxes From the magazine: with Labour now in charge, the experts in the 2024 Spear’s Tax Survey are preparing themselves – and their clients – for change Legal,Regulation,Tax & Compliance Where are Europe's top tax havens - and how are they luring in the rich? News Aggregation Team Thursday, September 26, 2024 1:00 am https://managersofwealth.com/article/114261/where-are-europeamp039s-top-tax-havens-and-how-are-they-luring-in-the-rich In other words, a low-tax jurisdiction for one person may not be a tax haven for another. Legal,Regulation,Tax & Compliance FCA cracks down on £1.2m Coutts private bank fraudster News Aggregation Team Wednesday, September 25, 2024 1:00 am https://managersofwealth.com/article/114222/fca-cracks-down-on-amppound12m-coutts-private-bank-fraudster Francis Buckman, alongside others, attempted to steal more than £2.3m Legal,Regulation,Tax & Compliance The best tax, structuring and offshore experts 2024 News Aggregation Team Wednesday, September 25, 2024 1:00 am https://managersofwealth.com/article/114227/the-best-tax-structuring-and-offshore-experts-2024 The definitive Spear's guide for high-net-worth individuals Legal,Regulation,Tax & Compliance The best contentious trust lawyers in 2024 News Aggregation Team Wednesday, September 25, 2024 1:00 am https://managersofwealth.com/article/114232/the-best-contentious-trust-lawyers-in-2024 Welcome to the Spear's guide to finding the best contentious trust lawyers in 2024 Legal,Regulation,Tax & Compliance Close Brothers sells wealth management unit to Oaktree for £200m amid motor finance probe News Aggregation Team Monday, September 23, 2024 1:00 am https://managersofwealth.com/article/114187/close-brothers-sells-wealth-management-unit-to-oaktree-for-amppound200m-amid-motor-finance-probe Close Brothers has agreed to sell its wealth management unit to Oaktree in a £200mn deal as it seeks to strengthen its capital position ahead of a regulatory investigation into motor finance practices Legal,Regulation,Tax & Compliance BlackRock launches eFront Provider News Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114475/blackrock-launches-efront-provider eFront Provider complements BlackRock’s widely used fund administration, investor servicing and data management capabilities for private markets asset servicers. FinTech Banks see many hurdles in digital transformation News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114484/banks-see-many-hurdles-in-digital-transformation The banking industry is currently undergoing a decisive shift towards AI-driven solutions. FinTech ‘A kind and generous soul’: Intrinsic founder Lord Leitch dies News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114490/amplsquoa-kind-and-generous-soulamprsquo-intrinsic-founder-lord-leitch-dies The founder of Intrinsic Financial Services and recent group chair of FNZ has died aged 76. FinTech How AI Is Dramatically Transforming the Wealth-Management Landscape News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114452/how-ai-is-dramatically-transforming-the-wealth-management-landscape The US’ biggest bank reportedly informed its Asset & Wealth Management division employees that the new tool could perform the same work as that of a typical research analyst. FinTech AMINA Bank participates with Tenity as global innovation partner News Aggregation Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114422/amina-bank-participates-with-tenity-as-global-innovation-partner AMINA Bank becomes a Global Innovation Partner to provide crypto banking services FinTech What banks should consider when outsourcing via a fintech News Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114438/what-banks-should-consider-when-outsourcing-via-a-fintech The benefits of cooperation between banks and companies focused on technology and innovation in finance (Fintech) are manifold. FinTech Technology’s impact on the way we make and consume things News Team Thursday, October 03, 2024 1:00 am https://managersofwealth.com/article/114388/technologyamprsquos-impact-on-the-way-we-make-and-consume-things MycoWorks is manufacturing a new category of materials grown from mycelium, starting with soft-materials like their leather alternative Reishi. FinTech AI set to revolutionise wealth management operations - survey News Aggregation Team Wednesday, October 02, 2024 1:00 am https://managersofwealth.com/article/114366/ai-set-to-revolutionise-wealth-management-operations-survey AI also appeals to investors by promising constant connectivity, ease-of-use, cross-device access and lower costs. FinTech InvestCloud Sets Its Sights On Enabling a Smarter Future for Wealth Management News Team Tuesday, October 01, 2024 1:00 am https://managersofwealth.com/article/114356/investcloud-sets-its-sights-on-enabling-a-smarter-future-for-wealth-management New strategic direction and distinctive brand mark signifies a new day in Wealth Technology, reflecting leadership position and market opportunity FinTech Singaporean group buys Zurich crypto asset manager News Aggregation Team Monday, September 30, 2024 1:00 am https://managersofwealth.com/article/114317/singaporean-group-buys-zurich-crypto-asset-manager Crypto Finance Asset Management will take on the name Matrixport Asset Management going forward. FinTech Family Office Resource Group Launches To Help RIAs With UHNW Clients News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114492/family-office-resource-group-launches-to-help-rias-with-uhnw-clients Weiner argued that firms and advisors who work with UHNW clientele need these services in their arsenal to stay competitive. Family Office Family office gold rush in Hong Kong News Aggregation Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114417/family-office-gold-rush-in-hong-kong This framework allows Hong Kong to exercise a high degree of autonomy while preserving its own economic, social, and common law system. Family Office Hong Kong can’t rest on laurels once it overtakes Switzerland as top family office hub: official News Aggregation Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114424/hong-kong-canamprsquot-rest-on-laurels-once-it-overtakes-switzerland-as-top-family-office-hub-official Hong Kong is set to surpass Switzerland as the top wealth management hub by 2027-28, but must stay competitive, says Joseph Chan Family Office Columbia Threadneedle partners with DBS for family office-backed hedge fund News Aggregation Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114426/columbia-threadneedle-partners-with-dbs-for-family-office-backed-hedge-fund The Seligman technology hedge fund strategy has gained traction with family offices in Asia, says Asia head Jon Allen. Family Office Family offices: What are they are? News Team Wednesday, October 02, 2024 1:00 am https://managersofwealth.com/article/114357/family-offices-what-are-they-are There are two main types of family office: single-family offices or multi-family offices which serve one or multiple families respectively. Family Office Creating the Ideal Single-Family Office (SFO) Platform for UHNW Families in the UAE News Aggregation Team Monday, September 30, 2024 1:00 am https://managersofwealth.com/article/114308/creating-the-ideal-single-family-office-sfo-platform-for-uhnw-families-in-the-uae They also opined on leveraging the maximum from the current and anticipated regulatory environment and the constantly expanding and improving wealth and professional services ecosystem. Family Office Family office space feels the forces of expansion and change News Aggregation Team Monday, September 30, 2024 1:00 am https://managersofwealth.com/article/114316/family-office-space-feels-the-forces-of-expansion-and-change These forces are expected to continue significantly impacting the sector’s expansion. Family Office North American family offices navigating looming wealth transfer with ‘cautious optimism’ News Aggregation Team Friday, September 27, 2024 1:00 am https://managersofwealth.com/article/114284/north-american-family-offices-navigating-looming-wealth-transfer-with-amplsquocautious-optimismamprsquo The coming years will see a significant shift in control within North American family offices as wealth transitions to the next generation but a report by RBC and Campden finds many remain unprepared Family Office Banks set to prosper as Hong Kong regains top hub status with family office, fintech push News Aggregation Team Friday, September 27, 2024 1:00 am https://managersofwealth.com/article/114298/banks-set-to-prosper-as-hong-kong-regains-top-hub-status-with-family-office-fintech-push Hong Kong’s efforts to regain its top hub status will prosper lenders as opportunities abound in wealth and fintech sectors and the bay area Family Office Family offices shift outlook from caution to optimism News Team Thursday, September 26, 2024 1:00 am https://managersofwealth.com/article/114247/family-offices-shift-outlook-from-caution-to-optimism For family offices, a strong 2024 financial performance and optimistic outlook signal a return to normalcy after several years of economic upheaval. Family Office The growing popularity of luxury branded residences in London News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114449/the-growing-popularity-of-luxury-branded-residences-in-london From Six Senses to the Dorchester, exclusive names in the English capital are now offering five-star service for longer than just a holiday. Luxury Frieze London and Frieze Masters 2024: highlights for HNW collectors News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114445/frieze-london-and-frieze-masters-2024-highlights-for-hnw-collectors Whether you’re searching for the next masterpiece to grace your walls or seeking to invest in leading artists Luxury Cristiano Ronaldo splashed £55million on luxury purchase no other footballer can match News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114463/cristiano-ronaldo-splashed-amppound55million-on-luxury-purchase-no-other-footballer-can-match The 39-year-old owns a selection of stylish and vintage cars, multiple houses and has adequately planned for life after football with an array of exciting business ventures. Luxury Davidoff reaches for the stars with ultra-premium cigar News Aggregation Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114413/davidoff-reaches-for-the-stars-with-ultra-premium-cigar The Basel-based tobacco company Oettinger Davidoff, which also owns the Davidoff brand , launched a product under this name for the first time ten years ago. Luxury How does Gen Z define luxury? News Aggregation Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114428/how-does-gen-z-define-luxury At this point, it seems Gen Zers idea of luxury is shifting away from dupe culture, they are embracing the secondhand market and relishing the thrill of securing items that are hard to come by. Luxury Bernard Arnault overtakes Mark Zuckerberg on wealth rankings following $30 billion boost News Aggregation Team Monday, September 30, 2024 1:00 am https://managersofwealth.com/article/114327/bernard-arnault-overtakes-mark-zuckerberg-on-wealth-rankings-following-30-billion-boost A more optimistic regional outlook paired with new investment by the Parisian-based group has led to a surge in the business’s stock price. Luxury Dubai’s millionaires are fueling a private jet boom News Aggregation Team Thursday, September 26, 2024 1:00 am https://managersofwealth.com/article/114262/dubaiamprsquos-millionaires-are-fueling-a-private-jet-boom The luxury, 14-seat private jet is headed for Europe, just as soon as its main passenger and his entourage arrive. Luxury Luxury Brands Leverage Personalised Offerings For Product Differentiation News Aggregation Team Tuesday, September 24, 2024 1:00 am https://managersofwealth.com/article/114208/luxury-brands-leverage-personalised-offerings-for-product-differentiation Personalised offerings are a crucial strategy for luxury brands looking to differentiate themselves in an increasingly competitive market. Luxury Global Affluent & HNw Insights on Luxury News Aggregation Team Friday, September 20, 2024 1:00 am https://managersofwealth.com/article/114136/global-affluent-ampamp-hnw-insights-on-luxury The survey comprised a total of 900 LuxuryOpinions respondents Luxury Report Finds Art Sales Stagnate, Even as the Luxury Sector Continues to Grow News Aggregation Team Thursday, September 19, 2024 1:00 am https://managersofwealth.com/article/114115/report-finds-art-sales-stagnate-even-as-the-luxury-sector-continues-to-grow In surveying people in the trade and analyzing public sales data, Bain found that auctions experienced an estimated 20 percent drop in spending. Luxury Elon Musk's Portfolio Defies the 'Rules' of Building Wealth News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114485/elon-muskamp039s-portfolio-defies-the-amp039rulesamp039-of-building-wealth Comparison to Other Billionaires: Unlike diversified billionaires like Warren Buffett, Musk’s wealth is concentrated in one company. Extremely Wealthy LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout News Aggregation Team Friday, September 20, 2024 1:00 am https://managersofwealth.com/article/114157/lvmhamp039s-bernard-arnault-has-gone-from-the-worldamp039s-richest-person-to-flirting-with-5th-place-after-a-54-billion-wipeout Arnault's net worth has tanked by $30 billion this year Extremely Wealthy Mark Zuckerberg's Wealth Skyrockets by $51 Billion This Year, Putting Him on Track to Claim the Title of Richest Person on Earth News Aggregation Team Wednesday, September 18, 2024 1:00 am https://managersofwealth.com/article/114093/mark-zuckerbergamp039s-wealth-skyrockets-by-51-billion-this-year-putting-him-on-track-to-claim-the-title-of-richest-person-on-earth With a fortune of $248 billion, Elon Musk is the richest person on the plane Extremely Wealthy Zuckerberg's Wealth Soars: On Track to Be World's Richest News Aggregation Team Thursday, September 12, 2024 1:00 am https://managersofwealth.com/article/114001/zuckerbergamp039s-wealth-soars-on-track-to-be-worldamp039s-richest Currently at the top of that ranking stand Elon Musk and Jeff Bezos. Extremely Wealthy Rise of the wealthy woman News Team Wednesday, September 11, 2024 1:00 am https://managersofwealth.com/article/113966/rise-of-the-wealthy-woman As long as wealth has existed as a theme, it has been dominated by men. Extremely Wealthy Why the wealthy in Asia should get on the front foot in legacy planning News Aggregation Team Monday, September 09, 2024 1:00 am https://managersofwealth.com/article/113908/why-the-wealthy-in-asia-should-get-on-the-front-foot-in-legacy-planning Without clear planning, assets can fall into probate for years, leaving family members and courts to decide how to allocate assets Extremely Wealthy After Jensen Huang's Nvidia wipeout, no one has gained more wealth than Mark Zuckerberg in 2024 — he's $56 billion richer News Aggregation Team Friday, September 06, 2024 1:00 am https://managersofwealth.com/article/113889/after-jensen-huangamp039s-nvidia-wipeout-no-one-has-gained-more-wealth-than-mark-zuckerberg-in-2024-ampmdash-heamp039s-56-billion-richer Zuckerberg now ranks third on the rich list Extremely Wealthy Do the very wealthy relocate because of tax rises alone? News Aggregation Team Monday, September 02, 2024 1:00 am https://managersofwealth.com/article/113758/do-the-very-wealthy-relocate-because-of-tax-rises-alone Access to the arts is more likely to govern a billionaire’s choice to stay in a cultural capital such as London — along with the political and economic security Extremely Wealthy Billionaire Sir Jim Ratcliffe promotes son to top job at Ineos Automotive News Aggregation Team Friday, August 30, 2024 1:00 am https://managersofwealth.com/article/113733/billionaire-sir-jim-ratcliffe-promotes-son-to-top-job-at-ineos-automotive George Ratcliffe, the middle of Sir Jim’s three children, becomes President of the Americas ‘with immediate effect’, the company announced. Extremely Wealthy The impact of the UK's changing non-dom landscape on wealthy Africans News Aggregation Team Thursday, August 29, 2024 1:00 am https://managersofwealth.com/article/113706/the-impact-of-the-ukamp039s-changing-non-dom-landscape-on-wealthy-africans A key feature of the UK’s favourable non-dom regime has been the remittance basis, which allows offshore income and gains to be outside the scope of UK tax. Extremely Wealthy Banking billionaires: How wealth managers cater to the super wealthy News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114467/banking-billionaires-how-wealth-managers-cater-to-the-super-wealthy A handful of studies have shown that wealth at the very top has fallen. Comment & Analysis Söderberg DFM CEO: Why our MPS won’t invest in our own funds News Aggregation Team Tuesday, October 08, 2024 1:00 am https://managersofwealth.com/article/114489/sampoumlderberg-dfm-ceo-why-our-mps-wonamprsquot-invest-in-our-own-funds Söderberg & Partners’ Fredrik Börjesson wants to avoid the conflict of interest in investing an MPS in in-house funds. Comment & Analysis Millionaires swap the UK for Portugal News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114444/millionaires-swap-the-uk-for-portugal Many wealthy Britons will be seeking expert advice on the financial impact of becoming tax resident in Portugal. Comment & Analysis 2 Investing Mistakes Wealthy Millennials Are Making in 2024 News Aggregation Team Monday, October 07, 2024 1:00 am https://managersofwealth.com/article/114460/2-investing-mistakes-wealthy-millennials-are-making-in-2024 This may not be surprising, as younger generations in general often think they can outsmart conventional wisdom by charting their own path. Comment & Analysis Bill Gates is open to losing $101 billion to the tax man—but not policies that replicate North Korea’s ‘unbelievable equality’ News Aggregation Team Friday, October 04, 2024 1:00 am https://managersofwealth.com/article/114429/bill-gates-is-open-to-losing-101-billion-to-the-tax-manampmdashbut-not-policies-that-replicate-north-koreaamprsquos-amplsquounbelievable-equalityamprsquo The tech titan has often advocated for higher taxes on the rich, as well as encouraging his ultrawealthy peers to engage in philanthropy. Comment & Analysis Waystone to support American Century’s first European ETFs News Team Thursday, October 03, 2024 1:00 am https://managersofwealth.com/article/114389/waystone-to-support-american-centuryamprsquos-first-european-etfs In recent months, the Waystone ETFs team has been strengthened by the arrival of a number of experienced new team members. Comment & Analysis The Quilter Academy partners with FutureProof Pro and Life After Professional Sport News Team Thursday, October 03, 2024 1:00 am https://managersofwealth.com/article/114392/the-quilter-academy-partners-with-futureproof-pro-and-life-after-professional-sport FutureProof Pro is a careers support service looking to transition into a new field after their successful sporting careers, which can be daunting for many. Comment & Analysis Quilter appoints Watson & Co to its mortgage network News Team Thursday, October 03, 2024 1:00 am https://managersofwealth.com/article/114393/quilter-appoints-watson-ampamp-co-to-its-mortgage-network Watson & Company is one of the largest mortgage and protection brokerages in Bristol with over 10 members of staff. Comment & Analysis Confidant’s trick: What happens when a trusted UHNW adviser goes rogue? News Aggregation Team Wednesday, October 02, 2024 1:00 am https://managersofwealth.com/article/114378/confidantamprsquos-trick-what-happens-when-a-trusted-uhnw-adviser-goes-rogue From the magazine: There is arguably no one more important to an UHNW than a loyal 'right-hand man' – until the relationship sours Comment & Analysis Clients want to talk to advisers about philanthropy News Aggregation Team Wednesday, October 02, 2024 1:00 am https://managersofwealth.com/article/114379/clients-want-to-talk-to-advisers-about-philanthropy Jack Chellman, chief projects officer at the Global Returns Project, made the case for charitable giving as part of investment plans. Comment & Analysis 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 Where can you find the world’s most expensive houses? Just north of $200 million News Aggregation Team Monday, February 05, 2024 12:00 am https://managersofwealth.com/article/109818/where-can-you-find-the-worldamprsquos-most-expensive-houses-just-north-of-200-million Billionaires are getting richer and the trophy house supply just can’t keep up. Will $200 million become the ‘norm’ for the super-rich house hunter? Extremely Expensive Taylor Swift revamps £10 million North London luxury mansion News Aggregation Team Thursday, December 28, 2023 12:00 am https://managersofwealth.com/article/109134/taylor-swift-revamps-amppound10-million-north-london-luxury-mansion The mansion will feature luxury appointments including a swimming pool and even an orangery, planning documents reveal. Extremely Expensive New research with financial advisers and wealth managers reveals growing focus on property in search of diversification and ESG News Aggregation Team Tuesday, October 01, 2024 1:00 am https://managersofwealth.com/article/114351/new-research-with-financial-advisers-and-wealth-managers-reveals-growing-focus-on-property-in-search-of-diversification-and-esg In both cases, the research shows that the increased focus on investing in property funds is driven by a desire to de-risk portfolios through diversification, followed by an increased focus on ESG Research Wealth managers failing to meet clients' tech expectations News Aggregation Team Friday, September 27, 2024 1:00 am https://managersofwealth.com/article/114275/wealth-managers-failing-to-meet-clientsamp039-tech-expectations Investors are prepared to dump their wealth managers if they fail to embrace new technology, suggests recently published research. Research Wealth managers struggle to meet clients’ technology expectations – Avaloq research News Aggregation Team Thursday, September 26, 2024 1:00 am https://managersofwealth.com/article/114266/wealth-managers-struggle-to-meet-clientsamprsquo-technology-expectations-ampndash-avaloq-research Despite this, Avaloq found that wealth managers have little confidence in their technology systems Research Family guys focus on the Fed, tech and succession plans News Aggregation Team Wednesday, September 25, 2024 1:00 am https://managersofwealth.com/article/114218/family-guys-focus-on-the-fed-tech-and-succession-plans Family offices are becoming increasingly professionalised and global. Research Centi-Millionaire Boom: America and China Dominate the Super Rich Club News Team Thursday, September 19, 2024 1:00 am https://managersofwealth.com/article/114108/centi-millionaire-boom-america-and-china-dominate-the-super-rich-club This exclusive club has grown globally by 54% over the last decade, with America and China experiencing a centi-millionaire boom, significantly outperforming their European counterparts. Research Over 25% of HNW Baby Boomers lack savings for later-life care costs News Aggregation Team Wednesday, September 18, 2024 1:00 am https://managersofwealth.com/article/114103/over-25-of-hnw-baby-boomers-lack-savings-for-later-life-care-costs More than a quarter of wealthy Baby Boomers have not set up money for their future medical expenses. Research Survey: Hong Kong’s rich ready for AI to guide wealth decisions News Aggregation Team Wednesday, September 11, 2024 1:00 am https://managersofwealth.com/article/113948/survey-hong-kongamprsquos-rich-ready-for-ai-to-guide-wealth-decisions Digital technologies and channels promise new growth opportunities for Hong Kong’s wealth managers. Research To become a billionaire, you need to benefit 1 billion people. How WealthTech helps with this News Aggregation Team Tuesday, September 10, 2024 1:00 am https://managersofwealth.com/article/113922/to-become-a-billionaire-you-need-to-benefit-1-billion-people-how-wealthtech-helps-with-this Money is a form of social energy; society effectively votes with its money for products or services that solve its problems or meet its needs. Research Netherlands Wealth Management and HNW Investors Market Report 2024 News Team Wednesday, September 04, 2024 1:00 am https://managersofwealth.com/article/113811/netherlands-wealth-management-and-hnw-investors-market-report-2024 The report is based on the analyst's annual Global Wealth Managers Survey. Research One in six wealthy Brits could afford to double their charitable giving, say researchers News Aggregation Team Friday, August 30, 2024 1:00 am https://managersofwealth.com/article/113732/one-in-six-wealthy-brits-could-afford-to-double-their-charitable-giving-say-researchers Some 56% of wealthy donors said they could give more to charity than they do presently, with one in six saying they could double their donations. 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 Sharp rise in fossil energy consumption in Dutch industry News Team Wednesday, October 02, 2024 1:00 am https://managersofwealth.com/article/114358/sharp-rise-in-fossil-energy-consumption-in-dutch-industry The climate and energy crises have increased the importance of measuring sustainability in industry. Planet SOS Morgan Stanley Investment Management Closes 1GT Climate Private Equity Fund at $750 Million News Team Wednesday, October 02, 2024 1:00 am https://managersofwealth.com/article/114360/morgan-stanley-investment-management-closes-1gt-climate-private-equity-fund-at-750-million The growth-oriented fund invests in companies seeking to mitigate climate change Planet SOS Mercia backs seven-figure buy-out at environmental consultancy News Team Wednesday, October 02, 2024 1:00 am https://managersofwealth.com/article/114369/mercia-backs-seven-figure-buy-out-at-environmental-consultancy It allows the founder Colin Jones to realise his investment in the company though he will continue to provide strategic advice in the role of Non-executive Chairman. Planet SOS Why leather from fish-skin and fungi is becoming the height of fashion News Team Tuesday, September 24, 2024 1:00 am https://managersofwealth.com/article/114189/why-leather-from-fish-skin-and-fungi-is-becoming-the-height-of-fashion First imported for aquariums, lionfish are an invasive species that decimate reef ecosystems in the Caribbean, Atlantic and Gulf of Mexico. Planet SOS Smart containers: how Swiss company AELER is transforming the logistics industry News Team Monday, September 09, 2024 1:00 am https://managersofwealth.com/article/113898/smart-containers-how-swiss-company-aeler-is-transforming-the-logistics-industry Though this vast web of freight transportation is an essential part of international trade and our daily lives, the many kilometres travelled represent mammoth CO2 emissions. Planet SOS Robeco launches first green bond strategy in credit space News Aggregation Team Friday, September 06, 2024 1:00 am https://managersofwealth.com/article/113887/robeco-launches-first-green-bond-strategy-in-credit-space Proceeds from green bond issues are earmarked for environmental projects that promote greener practices Planet SOS Quilter Cheviot’s Woodward: Has SDR finally killed off ESG? News Aggregation Team Thursday, September 05, 2024 1:00 am https://managersofwealth.com/article/113864/quilter-cheviotamprsquos-woodward-has-sdr-finally-killed-off-esg Responsible investment head Gemma Woodward discusses the unintended consequences of the FCA’s new sustainability rules as we enter an era of ‘greenhushing’. Planet SOS Can a business carry on doing what it does in a changing world? News Team Tuesday, September 03, 2024 1:00 am https://managersofwealth.com/article/113786/can-a-business-carry-on-doing-what-it-does-in-a-changing-world Dr Marc Kahn, Chief Strategy and Sustainability Officer at Investec, shares why sustainability is a commercial decision all business founders need to embrace. Planet SOS DWS extends portfolio with onshore wind farm in Sweden News Team Thursday, August 29, 2024 1:00 am https://managersofwealth.com/article/113707/dws-extends-portfolio-with-onshore-wind-farm-in-sweden The electricity generated is used to supply private households and commercial customers. Planet SOS Swiss Robeco fund manager scores first AAA rating News Aggregation Team Wednesday, August 21, 2024 1:00 am https://managersofwealth.com/article/113569/swiss-robeco-fund-manager-scores-first-aaa-rating Roman Boner, who worked for Woodman Asset Management and Swisscanto, took over the Robeco Smart Energy fund in 2021. Planet SOS 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 Wealth and health managers will become intertwined in future, professor says News Aggregation Team Wednesday, June 07, 2023 1:00 am https://managersofwealth.com/article/105282/wealth-and-health-managers-will-become-intertwined-in-future-professor-says He observed there is an increasing recognition that both health and wealth are the keys to happiness. Health & Wellness Brooks Macdonald International supports Health and Wealth Wellbeing event News Aggregation Team Friday, March 31, 2023 1:00 am https://managersofwealth.com/article/104017/brooks-macdonald-international-supports-health-and-wealth-wellbeing-event Hosted at the offices of law firm Walkers, the event gave its women-focused audience an opportunity to talk openly about managing wealth and achieving a positive lifestyle. Health & Wellness The Art of Wellness: 8 Spa-Worthy Homes for Health & Fitness News Team Monday, January 23, 2023 12:00 am https://managersofwealth.com/article/102618/the-art-of-wellness-8-spa-worthy-homes-for-health-ampamp-fitness Luxury Defined kick-starts the New Year with a collection of luxury homes with amenities devoted to restoring mind, body, and soul Health & Wellness