Managers of Wealth https://managersofwealth.com/ Tue, 25 Jun 2024 00:11:01 BST part of MediaG8way Group https://managersofwealth.com/ https://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Wealth.com Launches New Family Office Suite, Strengthens Legal Team With Addition of David Haughton, JD, CPWA News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112407/wealthcom-launches-new-family-office-suite-strengthens-legal-team-with-addition-of-david-haughton-jd-cpwa New estate planning offering focuses on driving productivity and efficiency for advisors and wealth strategists serving high-net-worth and ultra-high-net-worth clients Wealth and Asset Management Slate Asset Management Completes Approximately €425 Million of Senior Debt Refinancings for Its European Essential Real Estate Portfolio Year to Date News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112408/slate-asset-management-completes-approximately-ampeuro425-million-of-senior-debt-refinancings-for-its-european-essential-real-estate-portfolio-year-to-date Slate completed the refinancings at five- and seven-year terms at compelling rates, which were also more favorable than initial underwriting. Wealth and Asset Management Schroders Group Chief Executive Peter Harrison awarded Outstanding Contribution to the Investment Industry News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112410/schroders-group-chief-executive-peter-harrison-awarded-outstanding-contribution-to-the-investment-industry Earlier this year, Schroders announced that, after a decade on the Board, Peter had signalled his intention to retire as Group Chief Executive in 2025. Wealth and Asset Management St. James’s Place unveil Lumina portfolios News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112411/st-jamesamprsquos-place-unveil-lumina-portfolios Over 9,000 ETFs and funds were reportedly screened in the selection process. Wealth and Asset Management Cantonal banks launch multi-asset fund supporting education News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112420/cantonal-banks-launch-multi-asset-fund-supporting-education The new strategy distributes 2% of its fund volume annually to the Education Cannot Wait, a UN fund providing education to children in emergencies. Wealth and Asset Management How Trusts & Foundations can assist Wealth Preservation News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112419/how-trusts-ampamp-foundations-can-assist-wealth-preservation Trusts and foundations can be key to helping individuals and families navigate regulatory scrutiny and shield assets from potential threats. Wealth and Asset Management ZKB is opening its first branch in Kloten today under the new location concept News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112422/zkb-is-opening-its-first-branch-in-kloten-today-under-the-new-location-concept In the new location concept, everyday transactions are therefore increasingly carried out in assisted self-service. Wealth and Asset Management How UBP bring in-house expertise to private market offerings News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112423/how-ubp-bring-in-house-expertise-to-private-market-offerings UBP’s private markets group is a dedicated unit of the bank that offers its private banking clients in-house private market capabilities. Wealth and Asset Management Arab Bank Switzerland Aims to Expand its Position Through Cooperation News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112425/arab-bank-switzerland-aims-to-expand-its-position-through-cooperation The Wecan Comply solution will be implemented across the entire Arab Bank Switzerland group. Wealth and Asset Management Legacy Wealth Management Is New NI Chamber Patron News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112427/legacy-wealth-management-is-new-ni-chamber-patron The financial planning experts have partnered with the leading business membership organisation, in a demonstration of commitment to business and economic growth across Northern Ireland. Wealth and Asset Management Former UBS manager becomes president of Bitcoin Suisse News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112389/former-ubs-manager-becomes-president-of-bitcoin-suisse The Board of Directors of Bitcoin Suisse has a new composition. Executive Moves Federated Hermes strengthens private wealth team News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112405/federated-hermes-strengthens-private-wealth-team Based in Singapore Executive Moves UBS institutional client coverage lead departs News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112414/ubs-institutional-client-coverage-lead-departs Drew Fowler, who has run institutional coverage for four years, confirmed his departure. Executive Moves StanChart names Haymans Fung as global head of wealth and retail banking marketing News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112413/stanchart-names-haymans-fung-as-global-head-of-wealth-and-retail-banking-marketing She will report to Samir Subberwal, global head, wealth solutions, deposits and mortgages and chief client officer, wealth and retail banking, Standard Chartered Bank. Executive Moves Andrew Shepherd to retire as Brooks Macdonald group CEO News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112415/andrew-shepherd-to-retire-as-brooks-macdonald-group-ceo CFO Andrea Montague will become group CEO from October this year, subject to regulatory approval Executive Moves GIM’s James Crossley to join Rathbones as asset management distribution head News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112416/gimamprsquos-james-crossley-to-join-rathbones-as-asset-management-distribution-head Abigail Sater has also joined the firm from The Big Exchange as head of distribution strategy Executive Moves NewEdge Wealth Welcomes Brian Nick to Investment Management Team News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112418/newedge-wealth-welcomes-brian-nick-to-investment-management-team Experienced manager joins from The Macro Institute with experience at TIAA/Nuveen, UBS Wealth Management and New York Federal Reserve Bank Executive Moves Canaccord bolsters Newcastle arm with Brewin Dolphin hire News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112424/canaccord-bolsters-newcastle-arm-with-brewin-dolphin-hire Competition for wealth management talent in the Northeast continues as Canaccord hires Samantha Gibson. Executive Moves Stonehage Fleming appoints Cora Binchy as Head of Fiduciary News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112426/stonehage-fleming-appoints-cora-binchy-as-head-of-fiduciary She will work closely with key stakeholders in each jurisdiction to ensure that services are aligned to the highest standards of fiduciary risk management. Executive Moves Veteran Wealth Management Executive Jeff Markham Joins Stifel to Bolster Growth and Expansion News Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112386/veteran-wealth-management-executive-jeff-markham-joins-stifel-to-bolster-growth-and-expansion He will be based in Dallas, Texas. Executive Moves St James’s Place under scrutiny: what do its customers say? News Aggregation Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112384/st-jamesamprsquos-place-under-scrutiny-what-do-its-customers-say New regulations introduced last summer Legal,Regulation,Tax & Compliance Swiss National Bank: Monetary policy assessment of 20 June 2024 News Team Thursday, June 20, 2024 1:00 am https://managersofwealth.com/article/112361/swiss-national-bank-monetary-policy-assessment-of-20-june-2024 Swiss National Bank eases monetary policy and lowers SNB policy rate to 1.25% Legal,Regulation,Tax & Compliance FINMA proceedings: HSBC Private Bank (Suisse) SA violated money laundering regulations News Team Wednesday, June 19, 2024 1:00 am https://managersofwealth.com/article/112327/finma-proceedings-hsbc-private-bank-suisse-sa-violated-money-laundering-regulations HSBC Private Bank (Suisse) SA has co-operated with FINMA’s proceedings. Legal,Regulation,Tax & Compliance Quilter Cheviot launches service for Big Four accountancy firms News Team Wednesday, June 19, 2024 1:00 am https://managersofwealth.com/article/112334/quilter-cheviot-launches-service-for-big-four-accountancy-firms Quilter Cheviot’s investment management team have undertaken training with each of the Big Four to fully understand personal independence procedures Legal,Regulation,Tax & Compliance UBS offers to repay former Credit Suisse clients 90 per cent of Greensill funds News Aggregation Team Monday, June 17, 2024 1:00 am https://managersofwealth.com/article/112282/ubs-offers-to-repay-former-credit-suisse-clients-90-per-cent-of-greensill-funds The Swiss government feared that severe losses at the scandal-hit lender would destabilise the global banking system. Legal,Regulation,Tax & Compliance Super-rich may quit UK over Labour plans for inheritance taxes on trusts News Aggregation Team Friday, June 14, 2024 1:00 am https://managersofwealth.com/article/112240/super-rich-may-quit-uk-over-labour-plans-for-inheritance-taxes-on-trusts Economists say overall tax levels are likely to approach an all-time high whoever wins the election, despite promises by both main parties not to increase major tax rates. Legal,Regulation,Tax & Compliance Best family law barristers 2024 News Aggregation Team Thursday, June 13, 2024 1:00 am https://managersofwealth.com/article/112212/best-family-law-barristers-2024 Welcome to the Spear’s ranking of the best family law barristers for high-net-worth individuals in the UK Legal,Regulation,Tax & Compliance FINMA opens bankruptcy proceedings against FlowBank SA News Team Thursday, June 13, 2024 1:00 am https://managersofwealth.com/article/112222/finma-opens-bankruptcy-proceedings-against-flowbank-sa FINMA established in the last week that FlowBank SA no longer has sufficient capital for its operations as a bank. Legal,Regulation,Tax & Compliance New Finma Chief Wants to Act and Escalate Faster with «Red Flags» News Aggregation Team Wednesday, June 12, 2024 1:00 am https://managersofwealth.com/article/112189/new-finma-chief-wants-to-act-and-escalate-faster-with-amplaquored-flagsampraquo The new Finma Director, Stefan Walter, has once again called for stronger supervision. Legal,Regulation,Tax & Compliance These Banks Hold Most Money in Singapore Laundering Scandal News Aggregation Team Tuesday, June 11, 2024 1:00 am https://managersofwealth.com/article/112159/these-banks-hold-most-money-in-singapore-laundering-scandal Others with significant exposure include the country’s three largest banks DBS, OCBC and UOB. Legal,Regulation,Tax & Compliance AMINA Bank Launches the AMINA Payments Network (APN) News Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112374/amina-bank-launches-the-amina-payments-network-apn AMINA Bank adds APN to its extensive range of banking products, enabling seamless payments between members. FinTech Wealth managers seek broader tech themes News Aggregation Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112390/wealth-managers-seek-broader-tech-themes The technology sector has been prone to herding and bandwagon effects in the past FinTech Bybit Announces Highly Anticipated Restock of BTC Wealth Management Fund Pool News Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112401/bybit-announces-highly-anticipated-restock-of-btc-wealth-management-fund-pool The second round of restock will be available to both VIP customers and regular users, offering the most compelling rates in the industry. FinTech Avaloq introduces OpenWealth standard at LGT to enhance business with independent asset managers News Team Thursday, June 20, 2024 1:00 am https://managersofwealth.com/article/112357/avaloq-introduces-openwealth-standard-at-lgt-to-enhance-business-with-independent-asset-managers The new solution will provide them with real-time access to LGT's investment positions and transaction data, with standardized data quality and an intuitive single interface. FinTech Amundi Technology selects Confluence’s Revolution as solution of choice for performance analytics and attribution News Team Wednesday, June 19, 2024 1:00 am https://managersofwealth.com/article/112333/amundi-technology-selects-confluenceamprsquos-revolution-as-solution-of-choice-for-performance-analytics-and-attribution The solution will empower Amundi’s asset and wealth management clients by delivering fully integrated, best-of-breed performance analytics FinTech Rostro integrates with Iress order management system News Team Wednesday, June 19, 2024 1:00 am https://managersofwealth.com/article/112346/rostro-integrates-with-iress-order-management-system In addition to connecting to Rostro liquidity via a dedicated API, clients can now execute and clear both OTC and on-exchange markets, using Iress’ high-performance, industry-standard trading infrastructure. FinTech Artificial Intelligence and Company Secretaries: What next for governance professionals? News Team Tuesday, June 18, 2024 1:00 am https://managersofwealth.com/article/112298/artificial-intelligence-and-company-secretaries-what-next-for-governance-professionals The fast development and application of AI needs extensive AI governance and risk management processes. FinTech Transaction Network Services to Provide Order Routing and Market Data for Broadridge’s Global Futures and Options Platform News Team Tuesday, June 18, 2024 1:00 am https://managersofwealth.com/article/112307/transaction-network-services-to-provide-order-routing-and-market-data-for-broadridgeamprsquos-global-futures-and-options-platform Clients benefit from simplified market data management, reduced operational risk and implementation costs, and improved time to market for FCMs FinTech Wealth management startup Sidekick raises £8.5 million in debt and equity round News Team Thursday, June 13, 2024 1:00 am https://managersofwealth.com/article/112216/wealth-management-startup-sidekick-raises-amppound85-million-in-debt-and-equity-round The combined £8.5 million will see the startup continue scaling its team and expanding its product lineup while securing a European license. FinTech Technology, the best ally for the growth of AIFs News Team Thursday, June 13, 2024 1:00 am https://managersofwealth.com/article/112227/technology-the-best-ally-for-the-growth-of-aifs There are four that have the greatest influence: business diversification, opening up investments to individual customers, increasing the weight of regulations and strengthening operations . FinTech Jessica Cutrera: Speed Favors Hong Kong as Family Office Hub News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112404/jessica-cutrera-speed-favors-hong-kong-as-family-office-hub Competition between Hong Kong and Singapore as the wealth hub of choice for family offices continues. Family Office Hong Kong overtakes Singapore in attracting single family offices: government official News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112430/hong-kong-overtakes-singapore-in-attracting-single-family-offices-government-official ‘Significant traction’ in the last six months from wealthy families in Middle East, India, Israel and other Asia markets keen on offices in Hong Kong: Family Office Association Family Office Where family offices are putting their pots of gold to work News Aggregation Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112400/where-family-offices-are-putting-their-pots-of-gold-to-work The assets family offices invest in haven’t changed much but the ways they’re investing in them have, according to BNY Mellon Wealth. Family Office Singapore loses China's rich to Hong Kong in family office rush News Aggregation Team Thursday, June 20, 2024 1:00 am https://managersofwealth.com/article/112368/singapore-loses-chinaamp039s-rich-to-hong-kong-in-family-office-rush Tough scrutiny, 'backlog' temporarily push some wealthy Chinese to rival hub Family Office Co-investments in private assets lower fees and expand options News Aggregation Team Tuesday, June 18, 2024 1:00 am https://managersofwealth.com/article/112314/co-investments-in-private-assets-lower-fees-and-expand-options Rapallino noted that some single FOs upscaled and “institutionalised their operations by hiring investment, due diligence, compliance and legal directors.” Family Office Regenerative Visions For A Small Planet: Family Offices And Impact News Aggregation Team Monday, June 17, 2024 1:00 am https://managersofwealth.com/article/112275/regenerative-visions-for-a-small-planet-family-offices-and-impact This is partly due to regulation, a better understanding of what’s possible, more consensus on best practices and technology playing an enabling role. Family Office Family Office Scammers Target Asia’s Ultra Rich News Aggregation Team Thursday, June 13, 2024 1:00 am https://managersofwealth.com/article/112210/family-office-scammers-target-asiaamprsquos-ultra-rich At stake is a growing risk of fraud, both for some of the world’s richest families and the governments rolling out the red carpet to attract them. Family Office Philanthropist Christina Lewis Launches Beatrice Advisors, a Multifamily Office for the Next Generation News Team Thursday, June 13, 2024 1:00 am https://managersofwealth.com/article/112228/philanthropist-christina-lewis-launches-beatrice-advisors-a-multifamily-office-for-the-next-generation The firm provides high-quality financial services to a new generation of wealthy individuals and families with the goal of making wealth management more accessible. Family Office Asia’s family office frenzy comes with plenty of imposters News Aggregation Team Wednesday, June 12, 2024 1:00 am https://managersofwealth.com/article/112182/asiaamprsquos-family-office-frenzy-comes-with-plenty-of-imposters It soon became clear the “executive” had never worked for the family office directly, and had misrepresented his status. Family Office Eton Advisors boosts UHNW capabilities with family office veteran News Aggregation Team Wednesday, June 12, 2024 1:00 am https://managersofwealth.com/article/112184/eton-advisors-boosts-uhnw-capabilities-with-family-office-veteran The MFO is welcoming Tamara Surratt, the founder and CEO of Legacy Family Office, which has more than $2B in AUM. Family Office The luxury conglomerate behind Cartier is beating LVMH at its own game News Aggregation Team Thursday, June 20, 2024 1:00 am https://managersofwealth.com/article/112353/the-luxury-conglomerate-behind-cartier-is-beating-lvmh-at-its-own-game Its focus on hard luxury, like jewelry and watches, has helped it through a rough economic climate. Luxury Renaissance painting once stolen and found at bus stop could sell for $32 million at art auction News Aggregation Team Monday, June 17, 2024 1:00 am https://managersofwealth.com/article/112273/renaissance-painting-once-stolen-and-found-at-bus-stop-could-sell-for-32-million-at-art-auction Tiziano Vecellio’s early masterpiece “The Rest on the Flight Into Egypt” was found in a bag in southwest London in 2002 by Charles Hill, an art detective at the time. Luxury Record $668mn loan boosts hopes for Miami’s luxury housing boom News Aggregation Team Friday, June 14, 2024 1:00 am https://managersofwealth.com/article/112237/record-668mn-loan-boosts-hopes-for-miamiamprsquos-luxury-housing-boom Lenders are vying for projects such as PMG’s 1,000-foot tower, which is selling units for up to $90mn Luxury Mercedes-AMG Releases 100 Units Of Luxury Special Edition SL 63 Golden Coast Manufacturing News Aggregation Team Thursday, June 13, 2024 1:00 am https://managersofwealth.com/article/112211/mercedes-amg-releases-100-units-of-luxury-special-edition-sl-63-golden-coast-manufacturing Unveiling the limited edition Mercedes-AMG SL 63 MANUFAKTUR Golden Coast. Luxury Hublot CEO Aims to Catch Up with Patek Philippe and Rolex News Aggregation Team Wednesday, June 12, 2024 1:00 am https://managersofwealth.com/article/112178/hublot-ceo-aims-to-catch-up-with-patek-philippe-and-rolex It's one of the smaller injustices in the watch world that much revolves around Rolex and Patek Philippe. Luxury This year’s Art Basel is under a special star News Aggregation Team Monday, June 10, 2024 1:00 am https://managersofwealth.com/article/112124/this-yearamprsquos-art-basel-is-under-a-special-star This event marked the beginning of a long-term relationship between Art Basel Luxury AI is redefining the future of luxury homes News Aggregation Team Monday, June 10, 2024 1:00 am https://managersofwealth.com/article/112133/ai-is-redefining-the-future-of-luxury-homes In the world of ultra-high-end homes, sophistication increasingly meets technology. Luxury The luxury ‘store wars’ cleaning up the Champs-Élysées News Aggregation Team Friday, June 07, 2024 1:00 am https://managersofwealth.com/article/112107/the-luxury-amplsquostore-warsamprsquo-cleaning-up-the-champs-ampeacutelysampeacutees The luxury conglomerate plans to use the site as a store for Dior, its second-biggest brand after Louis Vuitton. Luxury Aston Martin owner on why new models, F1 allure will boost British luxury automaker News Aggregation Team Tuesday, June 04, 2024 1:00 am https://managersofwealth.com/article/112018/aston-martin-owner-on-why-new-models-f1-allure-will-boost-british-luxury-automaker Billionaire Lawrence Stroll says Aston Martin's stock is 'hugely undervalued.' Luxury Updating perceptions about today’s luxury traveler News Team Thursday, May 30, 2024 1:00 am https://managersofwealth.com/article/111934/updating-perceptions-about-todayamprsquos-luxury-traveler Some widely held notions about luxury travelers—such as how much money they have or how old they are—could be due for reexamination. Luxury The attributes of ultra-wealthy people that luxury marketers need to know News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112428/the-attributes-of-ultra-wealthy-people-that-luxury-marketers-need-to-know That starts with understanding the demographic’s key attributes. Extremely Wealthy South African Billionaires See Rapid Wealth Surge Amid 2024 Market Volatility News Aggregation Team Thursday, June 20, 2024 1:00 am https://managersofwealth.com/article/112348/south-african-billionaires-see-rapid-wealth-surge-amid-2024-market-volatility The top six wealthiest individuals in the country have collectively gained $4.6 billion. Extremely Wealthy Advisors Reveal The 'Secret Sauce' To Servicing The Ultra-Wealthy News Aggregation Team Friday, June 14, 2024 1:00 am https://managersofwealth.com/article/112244/advisors-reveal-the-amp039secret-sauceamp039-to-servicing-the-ultra-wealthy The way firms develop these attributes will vary, but they’ll all need to create a clearly identifiable brand if they’re to serve clients with $25 million or so in assets. Extremely Wealthy New Duchess of Westminster will live a normal life despite an almost £10billion fortune News Aggregation Team Monday, June 10, 2024 1:00 am https://managersofwealth.com/article/112125/new-duchess-of-westminster-will-live-a-normal-life-despite-an-almost-amppound10billion-fortune When he first inherited his father's title in 2016 Extremely Wealthy Fastest To A Billion: Billionaires who amassed their wealth the fastest News Aggregation Team Monday, June 03, 2024 1:00 am https://managersofwealth.com/article/111994/fastest-to-a-billion-billionaires-who-amassed-their-wealth-the-fastest CEOWORLD magazine recently conducted a study to rank billionaires based on how quickly they amassed their wealth. Extremely Wealthy Women Shaping the World’s Wealth Landscape News Aggregation Team Thursday, May 30, 2024 1:00 am https://managersofwealth.com/article/111959/women-shaping-the-worldamprsquos-wealth-landscape Interestingly, in just seven countries worldwide, women reign as the wealthiest individuals Extremely Wealthy “Fearless” singer Taylor Swift joins billionaires’ club on prestigious women’s rich list News Aggregation Team Wednesday, May 29, 2024 1:00 am https://managersofwealth.com/article/111914/ampldquofearlessamprdquo-singer-taylor-swift-joins-billionairesamprsquo-club-on-prestigious-womenamprsquos-rich-list America’s wealthiest self-made women saw their collective net worths soar past $20B, with 11 new members on the list. Extremely Wealthy Riches from their parents: World’s youngest billionaires all inherited their wealth News Aggregation Team Tuesday, May 28, 2024 1:00 am https://managersofwealth.com/article/111883/riches-from-their-parents-worldamprsquos-youngest-billionaires-all-inherited-their-wealth This is also the first time in 15 years that no self-made billionaire – based on US dollars – under 30 exists Extremely Wealthy Richer than the king: Is Rishi Sunak too wealthy to win? News Aggregation Team Tuesday, May 28, 2024 1:00 am https://managersofwealth.com/article/111904/richer-than-the-king-is-rishi-sunak-too-wealthy-to-win The UK general election may see some subtle digs at the prime minister’s vast riches. Extremely Wealthy There are 635,000 rich Australians. Are you one of them? News Aggregation Team Friday, May 24, 2024 1:00 am https://managersofwealth.com/article/111856/there-are-635000-rich-australians-are-you-one-of-them Once, being a millionaire made you wealthy. But the goal posts have shifted. Extremely Wealthy Boris Collardi is looking for the next Kylian Mbappé News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112406/boris-collardi-is-looking-for-the-next-kylian-mbappampeacute Now, together with other investors, he wants to achieve this in the football business as well. Comment & Analysis M&G’s Andrea Rossi: ‘I don’t look at the share price every day. There’s no point’ News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112412/mampampgamprsquos-andrea-rossi-amplsquoi-donamprsquot-look-at-the-share-price-every-day-thereamprsquos-no-pointamprsquo The fund house’s chief executive says he’s ‘on a mission’ to grow the three main pillars of his business, with a particular focus on private assets Comment & Analysis Survey of institutional investors in Japan shows over half of respondents intend to invest in digital assets over the next 3 years News Aggregation Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112421/survey-of-institutional-investors-in-japan-shows-over-half-of-respondents-intend-to-invest-in-digital-assets-over-the-next-3-years The study found that over half of those surveyed are motivated to invest in digital assets to some extent in the future as 54% responded that they intend to invest in crypto assets over the next 3 years. Comment & Analysis Staying the course: Brown Shipley unveils 2024 midyear investment outlook News Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112377/staying-the-course-brown-shipley-unveils-2024-midyear-investment-outlook The global investment outlook is likewise far from symmetrical. Comment & Analysis PCD Magazine article: The Big Interview with Crestbridge’s award winning CEO News Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112381/pcd-magazine-article-the-big-interview-with-crestbridgeamprsquos-award-winning-ceo A lawyer by training, Heather has featured in ePrivateclient’s 50 Most Influential List for five consecutive years and has been the recipient of a number of other prestigious awards and accolades. Comment & Analysis Retirement planning: with saving pots News Team Wednesday, June 19, 2024 1:00 am https://managersofwealth.com/article/112320/retirement-planning-with-saving-pots Financial security in retirement through a holistic wealth management concept. Comment & Analysis Bridging the Philanthropic Knowledge Gap for High-Net-Worth Individuals News Aggregation Team Wednesday, June 19, 2024 1:00 am https://managersofwealth.com/article/112328/bridging-the-philanthropic-knowledge-gap-for-high-net-worth-individuals The motivation for giving is deeply personal. Comment & Analysis Global Wealth Distribution and HNWIs: Who Makes Up the Top 1%? News Aggregation Team Tuesday, June 18, 2024 1:00 am https://managersofwealth.com/article/112290/global-wealth-distribution-and-hnwis-who-makes-up-the-top-1 This measure is based on an individual’s net worth, calculated as the total value of assets owned minus any debts and liabilities. Comment & Analysis Healthy Enough to Work; Wealthy Enough to Retire? News Team Tuesday, June 18, 2024 1:00 am https://managersofwealth.com/article/112292/healthy-enough-to-work-wealthy-enough-to-retire Many executives keep their stock compensation separate from their other financial account statements and monthly valuations. Comment & Analysis Europe’s political shifts, French scenarios and market implications News Team Tuesday, June 18, 2024 1:00 am https://managersofwealth.com/article/112310/europeamprsquos-political-shifts-french-scenarios-and-market-implications These developments also raise critical questions for the future of German politics after next year’s federal elections. Comment & Analysis 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 Dubai penthouse sold for $136mln News Aggregation Team Monday, November 20, 2023 12:00 am https://managersofwealth.com/article/108465/dubai-penthouse-sold-for-136mln Here's what makes it the most expensive residential property ever Extremely Expensive Lamborghini Huracan sets record as Motorway’s most expensive used car in daily sale News Aggregation Team Friday, September 15, 2023 1:00 am https://managersofwealth.com/article/107221/lamborghini-huracan-sets-record-as-motorwayamprsquos-most-expensive-used-car-in-daily-sale Used car marketplace reveals top 10 most expensive cars sold so far in 2023 Extremely Expensive Sydney's housing is now officially more expensive than New York and London News Aggregation Team Thursday, September 07, 2023 1:00 am https://managersofwealth.com/article/107029/sydneyamp039s-housing-is-now-officially-more-expensive-than-new-york-and-london Sydney sixth most expensive city on the globe Extremely Expensive Inside Schroders, Abrdn and LGIM’s CEO search: ‘It’s a Kodak moment for active managers’ News Team Monday, June 24, 2024 1:00 am https://managersofwealth.com/article/112409/inside-schroders-abrdn-and-lgimamprsquos-ceo-search-amplsquoitamprsquos-a-kodak-moment-for-active-managersamprsquo Changes are coming to the boardrooms of some of the UK’s largest fund management groups, as firms begin the hunt for new CEOs Research Advantary Capital Services and Apex Group Announce Strategic Partnership to Expand Portfolio Company and Client Services News Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112380/advantary-capital-services-and-apex-group-announce-strategic-partnership-to-expand-portfolio-company-and-client-services This partnership brings together the expertise of two industry leaders to empower businesses with the resources and support they need to thrive in today’s competitive landscape. Research Convincing wealthy clients to invest for impact News Aggregation Team Thursday, June 20, 2024 1:00 am https://managersofwealth.com/article/112351/convincing-wealthy-clients-to-invest-for-impact A major concern for private clients is potential risk and return of ‘impact’ investments. Research Ten years of contactless payment: a bird’s eye view News Team Thursday, June 20, 2024 1:00 am https://managersofwealth.com/article/112354/ten-years-of-contactless-payment-a-birdamprsquos-eye-view With the number of contactless payments soaring to 100 million in the two years, the Dutch were exceptionally quick to embrace this technology. Research Gen X stands to gain the most wealth from the $84 trillion wealth transfer News Aggregation Team Wednesday, June 19, 2024 1:00 am https://managersofwealth.com/article/112324/gen-x-stands-to-gain-the-most-wealth-from-the-84-trillion-wealth-transfer The average age of children expected to receive the most substantial inheritances Research Global high-net-worth population and wealth back to record levels despite global instability News Team Wednesday, June 05, 2024 1:00 am https://managersofwealth.com/article/112045/global-high-net-worth-population-and-wealth-back-to-record-levels-despite-global-instability This upward trend offsets last year’s decline and puts HNWI trends back on a growth trajectory. Research Global Wealth Capitals – New York Leads The Way: A Snapshot of the World’s Top 10 Most Affluent Cities in 2024 News Aggregation Team Tuesday, June 04, 2024 1:00 am https://managersofwealth.com/article/112013/global-wealth-capitals-ampndash-new-york-leads-the-way-a-snapshot-of-the-worldamprsquos-top-10-most-affluent-cities-in-2024 These leading wealth hubs, each with a distinctive mix of history, geography, and economic activity, wield considerable influence worldwide. Research 5 Key Takeaways For Modern Family Office Risk Management News Aggregation Team Monday, May 20, 2024 1:00 am https://managersofwealth.com/article/111755/5-key-takeaways-for-modern-family-office-risk-management To paint an analogy, not all lighthouses are built equally - and the unique nature of every family office demands clever captaincy to steer clear of storms and avoid running aground on the shore. Research Private Banking Industry Assessment and Outlook 2018-2033 News Team Thursday, May 02, 2024 1:00 am https://managersofwealth.com/article/111476/private-banking-industry-assessment-and-outlook-2018-2033 The growth witnessed in the historic period can be attributed to several pivotal factors. Research Morgan Stanley Names 10 Women and an Ally as their MAKERS Class of 2024 News Team Thursday, April 25, 2024 1:00 am https://managersofwealth.com/article/111325/morgan-stanley-names-10-women-and-an-ally-as-their-makers-class-of-2024 Nominations were solicited from employees across Morgan Stanley Wealth Management. Research 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 Biggin Hill Airport Plots Future News Aggregation Team Wednesday, May 18, 2022 1:00 am https://managersofwealth.com/article/97674/biggin-hill-airport-plots-future This surge is also reflected in the hub’s annual aircraft movement tally, which jumped by nearly 30 percent between 2020 and 2021, rising from 14,700 to 18,900. Executive Travel Will inter-city space travel replace business jet flights in the near future? News Aggregation Team Friday, May 13, 2022 1:00 am https://managersofwealth.com/article/97577/will-inter-city-space-travel-replace-business-jet-flights-in-the-near-future The market could be worth about $7bn in terms of revenue for operators by 2040, Citi report says Executive Travel Executive aviation: Expert insights on the private aircraft market News Team Friday, May 13, 2022 1:00 am https://managersofwealth.com/article/97594/executive-aviation-expert-insights-on-the-private-aircraft-market That has a lot to do with positive wealth creation, the low interest rate environment, and a desire of the ultrawealthy to avoid commercial airlines in favor of private flying, if they can. Executive Travel Creams of the crop: meet the companies behind the growth of deforestation-free cosmetics News Team Friday, June 21, 2024 1:00 am https://managersofwealth.com/article/112379/creams-of-the-crop-meet-the-companies-behind-the-growth-of-deforestation-free-cosmetics Natural cosmetics have long offered an alternative, but they have also been the exception rather than the rule. Planet SOS Ninety One merges away ESG multi-asset fund after slide from £2bn News Aggregation Team Thursday, June 20, 2024 1:00 am https://managersofwealth.com/article/112352/ninety-one-merges-away-esg-multi-asset-fund-after-slide-from-amppound2bn The merger also affects parts of the Aegon TargetPlan fund range, which is aimed at workplace pension schemes and invested in the strategy. Planet SOS Lloyds Banking Group makes major investment in net zero head office News Aggregation Team Monday, June 17, 2024 1:00 am https://managersofwealth.com/article/112257/lloyds-banking-group-makes-major-investment-in-net-zero-head-office The new workspace will boast state-of-the-art technology and facilities with increased shared and social workspaces to help colleagues to connect, collaborate and innovate for customers. Planet SOS UBS Asset Management and Planet Tracker report on the impact of energy transition solutions on nature News Team Monday, June 17, 2024 1:00 am https://managersofwealth.com/article/112264/ubs-asset-management-and-planet-tracker-report-on-the-impact-of-energy-transition-solutions-on-nature The findings and guidance are aimed at both public and private markets and are designed to help both investors and individual companies to build better due diligence and metrics on transition-related investments. Planet SOS Energy’s forgotten giant – grid infrastructure plays catch-up as renewables gather pace News Team Monday, June 17, 2024 1:00 am https://managersofwealth.com/article/112267/energyamprsquos-forgotten-giant-ampndash-grid-infrastructure-plays-catch-up-as-renewables-gather-pace Demand for the high voltage direct current (HVDC) cabling needed to transmit this electricity is expected to grow dramatically over the next decade. Planet SOS Macquarie Asset Management led consortium divests Race Bank stake News Team Monday, June 17, 2024 1:00 am https://managersofwealth.com/article/112278/macquarie-asset-management-led-consortium-divests-race-bank-stake A Macquarie Capital and Macquarie European Infrastructure Fund 5 consortium acquired a 50 per cent stake in Race Bank during the construction phase in 2016. Macquarie Capital divested its 25 per cent stake in Race Bank in 2017. Planet SOS How captive insurance is helping the renewable energy industry grow News Team Monday, June 17, 2024 1:00 am https://managersofwealth.com/article/112285/how-captive-insurance-is-helping-the-renewable-energy-industry-grow Captive insurance provides a compelling solution for managing the complex risks associated with renewable energy products. Planet SOS Brookfield Opens Fundraising for Catalytic Transition Fund with Anchor Commitment from ALTÉRRA Targeted to Raise up to $5 billion to Scale Up Climate Finance in Emerging Markets News Team Friday, June 14, 2024 1:00 am https://managersofwealth.com/article/112236/brookfield-opens-fundraising-for-catalytic-transition-fund-with-anchor-commitment-from-altampeacuterra-targeted-to-raise-up-to-5-billion-to-scale-up-climate-finance-in-emerging-markets With the urgent need to cut emissions and accelerate the climate transition, the Brookfield-managed CTF will harness a $1 billion commitment by ALTÉRRA funds Planet SOS BlackRock launches five climate transition ETFs News Aggregation Team Friday, June 14, 2024 1:00 am https://managersofwealth.com/article/112249/blackrock-launches-five-climate-transition-etfs This shift is a major market force identified by BlackRock, driven by technological innovation, geopolitical changes and ageing populations. Planet SOS ESG in securitized credit: Finding clarity within complexity News Team Friday, June 14, 2024 1:00 am https://managersofwealth.com/article/112252/esg-in-securitized-credit-finding-clarity-within-complexity Now is the time to maintain momentum and engage. Planet SOS 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 Top Robeco global fund sticks with ‘quality’ healthcare stocks as salve to macro unknowns News Aggregation Team Monday, November 14, 2022 12:00 am https://managersofwealth.com/article/101306/top-robeco-global-fund-sticks-with-amplsquoqualityamprsquo-healthcare-stocks-as-salve-to-macro-unknowns Robeco manager Michiel Plakman is using quality stocks as a defence against turbulent markets driven by macro factors, with a heavy weighting towards healthcare. Health & Wellness Customers consider insurers as preferred providers for physical and financial wellness advice News Team Tuesday, September 20, 2022 1:00 am https://managersofwealth.com/article/100173/customers-consider-insurers-as-preferred-providers-for-physical-and-financial-wellness-advice Over two thirds of customers are interested in physical and financial wellness,yet only 8% of insurers have established the necessary capabilities Health & Wellness The relationship between health and wealth is complicated, and the debate tends to get political quickly News Aggregation Team Thursday, June 30, 2022 1:00 am https://managersofwealth.com/article/98543/the-relationship-between-health-and-wealth-is-complicated-and-the-debate-tends-to-get-political-quickly Dr Mel Wood, a junior doctor currently working in child and adolescent psychiatry, looks at poverty’s effects on health as huge economic pressure bears down on the nation Health & Wellness