Managers of Wealth https://managersofwealth.com/ Mon, 26 Feb 2024 01:32:57 GMT part of MediaG8way Group https://managersofwealth.com/ https://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP The hottest topic in private banking at the moment News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110174/the-hottest-topic-in-private-banking-at-the-moment Private bankers are returning from this region with bright eyes and spreading an optimism that has not been seen for a long time. Wealth and Asset Management Sandra Cho and Kristy Motta named 2024 Forbes Top Women Wealth Advisors Best-In-State News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110175/sandra-cho-and-kristy-motta-named-2024-forbes-top-women-wealth-advisors-best-in-state This award marks the eighth annual ranking of Forbes/SHOOK Top Women Wealth Advisors Best-In-State, which features 1,991 women managing cumulative assets of over $2.8 trillion. Wealth and Asset Management Deutsche Bank: Ex-CS squad feels IT breakdown in its own pocket News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110188/deutsche-bank-ex-cs-squad-feels-it-breakdown-in-its-own-pocket The background to the sanction against management is the failed migration of Postbank's IT data to Deutsche Bank's systems. Wealth and Asset Management Schroders Solutions client secures £114m buy-in News Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110189/schroders-solutions-client-secures-amppound114m-buy-in Schroders Solutions, the £212.1 billion global capability, has a long-standing relationship with the trustees of Vector Pension Scheme, a valued Fiduciary Management client, for over 15 years. Wealth and Asset Management Morgan Stanley wealth chief touts the benefits of being big News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110191/morgan-stanley-wealth-chief-touts-the-benefits-of-being-big Morgan Stanley COO Jed Finn touted his wealth management team’s multiple advantages over rivals at this week's Bank of America Financial Services conference in Miami. Wealth and Asset Management StanChart records $14bn wealth inflows as it announces strategic overhaul News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110196/stanchart-records-14bn-wealth-inflows-as-it-announces-strategic-overhaul The British lender is to cut $1.5bn of costs, buy back $1bn of shares and distribute $5bn over the next three years as it looks to bolster its ailing share price. Wealth and Asset Management JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110201/jpmorgan-ceo-dimon-sells-about-150-million-of-his-shares-sec-filing-says The sale is not related to leadership succession and the bank chief had no current plans to sell more stock, but could consider doing so in the future, a company spokesperson said in October. Wealth and Asset Management SJP’s Onuekwusi: Fee unbundling will make our funds look better News Aggregation Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110151/sjpamprsquos-onuekwusi-fee-unbundling-will-make-our-funds-look-better Justin Onuekwusi says the performance of SJP strategies has been ‘pretty good’ over the long term and that clarity over fees will help like-for-like comparisons. Wealth and Asset Management UBS eyes Australia’s richest family offices in latest wealth play News Aggregation Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110153/ubs-eyes-australiaamprsquos-richest-family-offices-in-latest-wealth-play The Swiss bank is advancing the integration with former rival Credit Suisse. Wealth and Asset Management Nucleus replatforming project could take five years, says Fundscape CEO News Aggregation Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110154/nucleus-replatforming-project-could-take-five-years-says-fundscape-ceo Bella Caridade-Ferreira is our guest on the latest episode of The Advice Show. Wealth and Asset Management Erik Karanik Named Head of WIM Independent Solutions News Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110176/erik-karanik-named-head-of-wim-independent-solutions In this newly created position, Erik will be responsible for accelerating growth across WIM’s independent business. Executive Moves Stratos recruits $700m former Osaic affiliate News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110179/stratos-recruits-700m-former-osaic-affiliate Pettinelli Financial Partners, led by Dennis and Jon Pettinelli, has joined Stratos Wealth Partners. Executive Moves Schroders strengthens Nordic client team with new hire News Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110181/schroders-strengthens-nordic-client-team-with-new-hire He will be based in Stockholm and will report to Henrik Jonsson, Head of Nordic Region. Executive Moves HSBC AM appoints Iberia ETF sales head from Santander AM News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110194/hsbc-am-appoints-iberia-etf-sales-head-from-santander-am Marta Bretones spent 18 years at Santander AM Executive Moves BBH appoints six general partners News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110193/bbh-appoints-six-general-partners Their appointments support the recent growth of the firm, natural leadership succession and ongoing new product innovation and rollout. Executive Moves Changes in the board of directors of Migros Bank AG News Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110187/changes-in-the-board-of-directors-of-migros-bank-ag The step is due to her career change to Deutsche Bank. Executive Moves Former Julius Baer Banker Joins Azura to Lead Singapore Business News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110192/former-julius-baer-banker-joins-azura-to-lead-singapore-business Azura opened its Singapore branch in 2020 Executive Moves Hargreaves Lansdown appoints chief digital and technology officer News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110197/hargreaves-lansdown-appoints-chief-digital-and-technology-officer The firm wants to continue its digital transformation. Executive Moves Nomura AM equity chief quits for Sarasin & Partners News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110202/nomura-am-equity-chief-quits-for-sarasin-ampamp-partners Tom Wildgoose is to join the thematic-focused UK boutique as a senior portfolio manager in the global equities space. Executive Moves Bonhôte adds ex-BNP Paribas exec to senior management News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110199/bonhampocircte-adds-ex-bnp-paribas-exec-to-senior-management Kim-Andrée Potvin joins Bank Bonhôte after recent years working at boutique firms, but with almost 17 years at French giant BNP Paribas on her CV. Executive Moves ESG ratings agreement marks a “crucial” step, but “gaps” exist: Efama News Aggregation Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110172/esg-ratings-agreement-marks-a-ampldquocrucialamprdquo-step-but-ampldquogapsamprdquo-exist-efama ESG rating providers will also not be allowed to provide credit rating, auditing or consultancy services to avoid conflict of interest, it pointed out. Legal,Regulation,Tax & Compliance The Bahamas Removed From The European Union’s List Of Non-Cooperative Jurisdictions For Tax Purposes News Team Wednesday, February 21, 2024 12:00 am https://managersofwealth.com/article/110130/the-bahamas-removed-from-the-european-unionamprsquos-list-of-non-cooperative-jurisdictions-for-tax-purposes The removal of The Bahamas from the EU’s list clearly underscores the significant progress made over the past year Legal,Regulation,Tax & Compliance Revealed: The 36% boom in Swiss-domiciled funds News Aggregation Team Wednesday, February 21, 2024 12:00 am https://managersofwealth.com/article/110138/revealed-the-36-boom-in-swiss-domiciled-funds While Luxembourg-based funds have won the preference of most European countries, Switzerland has diverged. Legal,Regulation,Tax & Compliance UBS's response to the lawsuit delivered to our law firm News Team Monday, February 19, 2024 12:00 am https://managersofwealth.com/article/110088/ubsamp039s-response-to-the-lawsuit-delivered-to-our-law-firm This comprises almost 150 pages plus extensive appendices. Legal,Regulation,Tax & Compliance Credit Suisse officials, KPMG beat US lawsuit over bank's demise News Aggregation Team Friday, February 16, 2024 12:00 am https://managersofwealth.com/article/110070/credit-suisse-officials-kpmg-beat-us-lawsuit-over-bankamp039s-demise KPMG was accused of "active complicity," with its New York offices being "all but part of" Credit Suisse's nearby offices, before PricewaterhouseCoopers became the bank's auditor in 2020. Legal,Regulation,Tax & Compliance Will Hunt move on income tax or National Insurance, inheritance tax or stamp duty? News Team Thursday, February 15, 2024 12:00 am https://managersofwealth.com/article/110027/will-hunt-move-on-income-tax-or-national-insurance-inheritance-tax-or-stamp-duty Changes to stamp duty land tax relief are still due to be reversed from 31 March 2025, and pressure on the Government to make the changes permanent has grown. Legal,Regulation,Tax & Compliance Close Brothers halts dividends amid 'uncertainty' over FCA motor finance review News Aggregation Team Thursday, February 15, 2024 12:00 am https://managersofwealth.com/article/110047/close-brothers-halts-dividends-amid-amp039uncertaintyamp039-over-fca-motor-finance-review Potential reinstatement in 2025 Legal,Regulation,Tax & Compliance Alternative fund managers face a growing threat from money laundering risks News Team Thursday, February 15, 2024 12:00 am https://managersofwealth.com/article/110048/alternative-fund-managers-face-a-growing-threat-from-money-laundering-risks Alternative fund managers are looking at other ways in which they can improve their AML defences in a cost-effective way Legal,Regulation,Tax & Compliance Changes to FCA rules: Navigating Financial Promotions in 2024 News Team Monday, February 12, 2024 12:00 am https://managersofwealth.com/article/109939/changes-to-fca-rules-navigating-financial-promotions-in-2024 Effective from 7th February 2024 Legal,Regulation,Tax & Compliance Comco report on the CS takeover takes a victory lap News Aggregation Team Monday, February 12, 2024 12:00 am https://managersofwealth.com/article/109955/comco-report-on-the-cs-takeover-takes-a-victory-lap This has now apparently resulted in delays in publication. Legal,Regulation,Tax & Compliance Ex-HSBC wealth manager launches conversational AI agent News Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110177/ex-hsbc-wealth-manager-launches-conversational-ai-agent Finley AI combines trained financial generative AI with enterprise-grade data privacy and security. FinTech IT’s about valuations News Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110147/itamprsquos-about-valuations The US tech sector is supported not only by demand for generative AI semiconductors, FinTech SEI and TIFIN Partner to Power the Future of Wealth Through Artificial Intelligence News Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110152/sei-and-tifin-partner-to-power-the-future-of-wealth-through-artificial-intelligence Strategic Investment and Partnership Fosters Industry Talent, Innovation, and Growth FinTech WealthOS wins contract with Quai Digital News Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110166/wealthos-wins-contract-with-quai-digital This partnership marks a significant delivery milestone in WealthOS’s history since its £2 million pound seeding investment led by Barclays in Q4, 2023. FinTech HL rows back on digital advice plans as shares fall 8% on flows and profit drop News Aggregation Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110170/hl-rows-back-on-digital-advice-plans-as-shares-fall-8-on-flows-and-profit-drop The business has taken a £14.4m hit after pausing the development of tools to expand digital advice service. FinTech Goldman Lampe Private Bank Unveils AIDA: A Trailblazing AI System Set to Revolutionise Banking News Team Wednesday, February 21, 2024 12:00 am https://managersofwealth.com/article/110133/goldman-lampe-private-bank-unveils-aida-a-trailblazing-ai-system-set-to-revolutionise-banking Beyond its remarkable capabilities in fraud detection, AIDA is engineered to revolutionise the way investment strategies are devised. FinTech PostFinance is launching a new crypto offering for Switzerland News Team Tuesday, February 20, 2024 12:00 am https://managersofwealth.com/article/110111/postfinance-is-launching-a-new-crypto-offering-for-switzerland The introduction is characterized by user-friendliness, transparency and attractive conditions for everyone. FinTech DL Family Office Group Innovates with AI-Driven Metaverse for Enhanced Wealth Management News Aggregation Team Monday, February 19, 2024 12:00 am https://managersofwealth.com/article/110077/dl-family-office-group-innovates-with-ai-driven-metaverse-for-enhanced-wealth-management This plan was unveiled in a series of updates last year. FinTech Asian family offices ramp up digital asset game News Aggregation Team Monday, February 19, 2024 12:00 am https://managersofwealth.com/article/110081/asian-family-offices-ramp-up-digital-asset-game Liquid strategies take center stage among region's rich FinTech Wealthtime launches notification centre to save advisers time News Aggregation Team Monday, February 19, 2024 12:00 am https://managersofwealth.com/article/110083/wealthtime-launches-notification-centre-to-save-advisers-time Trackers for transfers and secure messages are also planned to be added to the notification centre. FinTech WRISE Launches Mass Affluent Unit News Aggregation Team Tuesday, February 20, 2024 12:00 am https://managersofwealth.com/article/110107/wrise-launches-mass-affluent-unit The offering will also include global securities, structured products, mutual funds and fixed income. Family Office Pathstone to Acquire Crestone Capital LLC News Team Friday, February 16, 2024 12:00 am https://managersofwealth.com/article/110054/pathstone-to-acquire-crestone-capital-llc The acquisition continues to strengthen Pathstone’s position as the largest independent Registered Investment Advisor (“RIA”) focused on serving ultra-high net worth (“UNHW”) families. Family Office Family Offices Are Boosting Allocations to Alts in 2024, KKR Says News Aggregation Team Wednesday, February 14, 2024 12:00 am https://managersofwealth.com/article/110017/family-offices-are-boosting-allocations-to-alts-in-2024-kkr-says A survey of 75 family office CIOs shared their plans for portfolios this year. Family Office Family offices quite distinct from traditional wealth management, says Rajmohan Krishnan of Entrust News Aggregation Team Monday, February 12, 2024 12:00 am https://managersofwealth.com/article/109942/family-offices-quite-distinct-from-traditional-wealth-management-says-rajmohan-krishnan-of-entrust Engaging with a family office is a significant decision that individuals typically consider when their financial situation becomes more complex and requires a more comprehensive approach to wealth management. Family Office Rockefeller Global Family Office Expands Private Wealth Business in Southeast Division, Adds Variant Path Group in Charlotte, NC News Team Monday, February 12, 2024 12:00 am https://managersofwealth.com/article/109948/rockefeller-global-family-office-expands-private-wealth-business-in-southeast-division-adds-variant-path-group-in-charlotte-nc The group joins from Morgan Stanley and will report to Kristen Sario, Southeast Divisional Director of Rockefeller Global Family Office. V Family Office Family Offices: Secretive industry under pressure News Team Monday, February 12, 2024 12:00 am https://managersofwealth.com/article/109953/family-offices-secretive-industry-under-pressure The financial professionals working for rich business families are trying to adapt to the new realities on the financial markets. Family Office Asia's wealthy families invest to 'maintain lifestyle' and 'stay rich' News Aggregation Team Monday, February 12, 2024 12:00 am https://managersofwealth.com/article/109964/asiaamp039s-wealthy-families-invest-to-amp039maintain-lifestyleamp039-and-amp039stay-richamp039 Factors such as how many members we have in each generation, what they need, how we provide for education and health care must be considered. Family Office Raffles Family Office and NCNE sign renewable energy agreement News Aggregation Team Friday, February 09, 2024 12:00 am https://managersofwealth.com/article/109914/raffles-family-office-and-ncne-sign-renewable-energy-agreement A unique collaboration capitalising on the possibilities presented by the deepening economic gaps between China and the Middle East. Family Office Impact Investing Institute launches "Family Offices: Roadmap to Impact" News Team Thursday, February 01, 2024 12:00 am https://managersofwealth.com/article/109752/impact-investing-institute-launches-ampquotfamily-offices-roadmap-to-impactampquot Through this work, the Impact Investing Institute hopes to accelerate the participation of wealthy families in the impact investing field. Family Office UAE turns into a magnet for family offices – and they are not just thinking regional News Aggregation Team Thursday, February 01, 2024 12:00 am https://managersofwealth.com/article/109764/uae-turns-into-a-magnet-for-family-offices-ampndash-and-they-are-not-just-thinking-regional As a natural destination for wealth, UAE is further adding to its credentials Family Office LVMH launches entertainment venture led by Arnault heir and US boss News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110195/lvmh-launches-entertainment-venture-led-by-arnault-heir-and-us-boss LVMH said the aim was to collaborate with leading entertainment creators, producers and distributors to co-develop, co-produce and co-finance entertainment focused on premium film, TV and audio formats. Luxury Vontobel's Photo-based Art Now Adorns New York Offices News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110185/vontobelamp039s-photo-based-art-now-adorns-new-york-offices Art serves as a catalyst for discussion and learning opportunities within the company. Luxury Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110200/who-is-buying-londonamprsquos-mansions-60-per-cent-go-to-wealthy-buyers-from-four-countries Supply of luxury houses has also been boosted by an influx of high-end development in prime London areas. Luxury From China to Malaysia: How Asian markets are embracing quiet luxury differently News Aggregation Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110162/from-china-to-malaysia-how-asian-markets-are-embracing-quiet-luxury-differently Not only has the concept of “quiet luxury” been reshaping the landscape of luxury in Asia, it has also marked a significant shift in consumer preferences. Luxury Carbon fibre watches are back – but don’t worry, they’re better than before News Aggregation Team Monday, February 19, 2024 12:00 am https://managersofwealth.com/article/110075/carbon-fibre-watches-are-back-ampndash-but-donamprsquot-worry-theyamprsquore-better-than-before After a long, tentative courtship, the watch industry looks to have succumbed to the lightweight charms of carbon fibre Luxury Ultra-Wealthy Home Buyers and Renters Are Getting an Early Start in New York’s Tony Hamptons News Aggregation Team Monday, February 19, 2024 12:00 am https://managersofwealth.com/article/110084/ultra-wealthy-home-buyers-and-renters-are-getting-an-early-start-in-new-yorkamprsquos-tony-hamptons President’s Day weekend usually kicks off the busy season for the affluent beach-home market, but activity is already reaching a “fever pitch” Luxury Hermès looks to raise prices as wealthy shoppers continue splurging on Birkin and Kelly bags, driving sales up 21% last year News Aggregation Team Tuesday, February 13, 2024 12:00 am https://managersofwealth.com/article/109973/hermampegraves-looks-to-raise-prices-as-wealthy-shoppers-continue-splurging-on-birkin-and-kelly-bags-driving-sales-up-21-last-year The group’s full-year revenue was up 21% compared with 2022. Luxury Art of Glass: 5 Homes with Glass Architecture News Team Monday, February 05, 2024 12:00 am https://managersofwealth.com/article/109817/art-of-glass-5-homes-with-glass-architecture Luxury Defined spotlights a collection of homes with brilliant glass designs Luxury Lamborghini sees full order books as super rich keep shopping News Aggregation Team Thursday, February 01, 2024 12:00 am https://managersofwealth.com/article/109767/lamborghini-sees-full-order-books-as-super-rich-keep-shopping Lamborghini has sold out of super-cars until 2026 as the wealthiest consumers show little sign of being hit by a broader global slowdown. Luxury An anonymous collector in Dubai ordered a $2.45 million Mercedes-AMG One hypercar in 2020. News Aggregation Team Thursday, January 25, 2024 12:00 am https://managersofwealth.com/article/109622/an-anonymous-collector-in-dubai-ordered-a-245-million-mercedes-amg-one-hypercar-in-2020 The hypercar has a matching black interior with lots of carbon fiber, Alcantara, and contrast stitching. Sadly, that’s pretty much all we know about this particular example. Luxury AI billionaire crowns ‘whole new industry’ amid ‘tipping point’ after his company passes Google for third most valuable in the world News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110190/ai-billionaire-crowns-amplsquowhole-new-industryamprsquo-amid-amplsquotipping-pointamprsquo-after-his-company-passes-google-for-third-most-valuable-in-the-world “Accelerated computing and generative AI have hit the tipping point,” he told investors. “Demand is surging worldwide across companies, industries, and nations.” Extremely Wealthy Wealth Of Hong Kong’s 50 Richest On Forbes List Falls To $296 Billion News Aggregation Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110156/wealth-of-hong-kongamprsquos-50-richest-on-forbes-list-falls-to-296-billion Overall, 30 list members saw their fortunes fall, including Li Ka-shing, who retained the top spot even as his net worth declined to $36.2 billion from $39 billion last year. Extremely Wealthy Two Jersey Directors Author New Guide for Wealthy Families News Team Wednesday, February 21, 2024 12:00 am https://managersofwealth.com/article/110124/two-jersey-directors-author-new-guide-for-wealthy-families This second edition covers the latest developments in the family wealth arena, including new chapters on ESG, blockchain, philanthropy and AI. Extremely Wealthy Richest Billionaires in Finance and Investments Industry News Aggregation Team Tuesday, February 20, 2024 12:00 am https://managersofwealth.com/article/110101/richest-billionaires-in-finance-and-investments-industry Michael Bloomberg follows in second place with $96.3 billion Extremely Wealthy The top 10 richest people in the world in 2024 News Aggregation Team Wednesday, February 14, 2024 12:00 am https://managersofwealth.com/article/110001/the-top-10-richest-people-in-the-world-in-2024 The world's top 10 richest people have staggering fortunes in various industries. Extremely Wealthy Warren Buffett Says Financial Inequality Isn't A 'Diabolical Plot' Billionaires Have To News Aggregation Team Tuesday, February 13, 2024 12:00 am https://managersofwealth.com/article/109972/warren-buffett-says-financial-inequality-isnamp039t-a-amp039diabolical-plotamp039-billionaires-have-to This system, while promoting efficiency and growth, has inadvertently left segments of the population behind. Extremely Wealthy The security measures the super-rich take when buying a property News Aggregation Team Friday, February 09, 2024 12:00 am https://managersofwealth.com/article/109917/the-security-measures-the-super-rich-take-when-buying-a-property UHNWs are turning to sophisticated security solutions when purchasing a new home Extremely Wealthy The limits of wealth — calling time on the super-rich News Aggregation Team Thursday, February 08, 2024 12:00 am https://managersofwealth.com/article/109886/the-limits-of-wealth-ampmdash-calling-time-on-the-super-rich The rich have always been with us. Is that a good thing? Extremely Wealthy Jeff Bezos is just $5 billion away from overtaking Elon Musk to become the world's wealthiest person once more News Aggregation Team Wednesday, February 07, 2024 12:00 am https://managersofwealth.com/article/109856/jeff-bezos-is-just-5-billion-away-from-overtaking-elon-musk-to-become-the-worldamp039s-wealthiest-person-once-more Jeff Bezos is not far off overtaking Elon Musk to become the world's richest person once more. Extremely Wealthy Top 29 CEO’s With the Highest Net Worth News Aggregation Team Monday, February 05, 2024 12:00 am https://managersofwealth.com/article/109807/top-29-ceoamprsquos-with-the-highest-net-worth These figures reflect the diverse range of industries these CEOs represent, from technology and e-commerce to media and biotech. Extremely Wealthy Quilter's asks and analysis of rumours ahead of the Spring Budget News Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110178/quilteramp039s-asks-and-analysis-of-rumours-ahead-of-the-spring-budget There have been mixed reports as to how much fiscal headroom the government has to deliver any meaningful tax cuts or investment into public services. Comment & Analysis Schroders enhances impact investment focus with new global equity impact fund News Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110180/schroders-enhances-impact-investment-focus-with-new-global-equity-impact-fund The fund will target companies whose products, services and operations are focused on solving societal and environmental challenges faced by individuals and industries in the coming decades. Comment & Analysis Asset managers also have a massive need for customer advisors News Aggregation Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110186/asset-managers-also-have-a-massive-need-for-customer-advisors The investigation was carried out by the consulting firm Advea and the holding company Cinerius. Comment & Analysis BNP Paribas and the EDF group sign a partnership to support the bank's individual customers in the energy renovation of their homes News Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110148/bnp-paribas-and-the-edf-group-sign-a-partnership-to-support-the-bankamp039s-individual-customers-in-the-energy-renovation-of-their-homes They will help them identify the work to be carried out in their home using the simulator offered by IZI by EDF, EDF's consumer service brand. Comment & Analysis Rolls-Royce profits soar and recovery accelerates News Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110157/rolls-royce-profits-soar-and-recovery-accelerates The company posted an underlying operating profit of £1.7 billion, a five-fold increase from the £315 million recorded in 2022. Comment & Analysis Jupiter shares jump on forecast-beating profit update News Aggregation Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110160/jupiter-shares-jump-on-forecast-beating-profit-update Shares are up nearly 7% after asset manager reported a 36% jump in annual underlying pre-tax profit to £105.2m. Comment & Analysis Look for market “North Stars” amid data noise News Team Wednesday, February 21, 2024 12:00 am https://managersofwealth.com/article/110123/look-for-market-ampldquonorth-starsamprdquo-amid-data-noise The consumer price index for January came out stronger than expected, while retail sales for the same period turned out weaker than had been generally assumed. Comment & Analysis Study finds institutional investors and wealth managers boost investment in life settlement funds News Aggregation Team Wednesday, February 21, 2024 12:00 am https://managersofwealth.com/article/110131/study-finds-institutional-investors-and-wealth-managers-boost-investment-in-life-settlement-funds The main reason for the rise in number of life insurance policyholders cashing in policies identified by the research is the rising cost of long-term care in the US followed by the increasing ageing population. Comment & Analysis Why wealth is not an insulator against vulnerability News Aggregation Team Wednesday, February 21, 2024 12:00 am https://managersofwealth.com/article/110143/why-wealth-is-not-an-insulator-against-vulnerability 'Time and again, we have seen that self-identification simply doesn't work' Comment & Analysis Litigants digest ‘comprehensive’ UBS defence of the Credit Suisse takeover price News Aggregation Team Tuesday, February 20, 2024 12:00 am https://managersofwealth.com/article/110098/litigants-digest-amplsquocomprehensiveamprsquo-ubs-defence-of-the-credit-suisse-takeover-price Media reports say that the legal defence casts doubt on Credit Suisse’s capitalisation as early as 2021. Comment & Analysis 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 Mystery buyer of world’s largest bottle of whisky revealed News Aggregation Team Monday, September 04, 2023 1:00 am https://managersofwealth.com/article/106950/mystery-buyer-of-worldamprsquos-largest-bottle-of-whisky-revealed Standing over 1.8m tall, the record-breaking bottle containing 311 litres of 32-year-old Macallan single malt was sold at auction for £1.1 million in 2022 Extremely Expensive The 7 most expensive cars in the world in 2023 News Aggregation Team Friday, August 18, 2023 1:00 am https://managersofwealth.com/article/106664/the-7-most-expensive-cars-in-the-world-in-2023 From the Rolls-Royce Boat Tail to the Mercedes-Maybach Exelero, here we list some of the most expensive cars in the world. Extremely Expensive These Are World’s Most Expensive Cities for High-Class Living News Aggregation Team Wednesday, June 21, 2023 1:00 am https://managersofwealth.com/article/105542/these-are-worldamprsquos-most-expensive-cities-for-high-class-living Julius Baer’s Lifestyle Index ranks the world’s 25 most expensive cities by analyzing residential property, cars, business class flights, business school, degustation dinners and other luxuries. Extremely Expensive £1,600 wallpaper, £17,000 chandeliers and £30m price tags: Britain’s Most Expensive Houses is back News Aggregation Team Thursday, June 15, 2023 1:00 am https://managersofwealth.com/article/105443/amppound1600-wallpaper-amppound17000-chandeliers-and-amppound30m-price-tags-britainamprsquos-most-expensive-houses-is-back This kind of opulence can only mean one thing: Britain’s Most Expensive Houses is back with a second season. Extremely Expensive “There’s false perception that people’s skills erode when they are not working.” News Team Thursday, February 22, 2024 12:00 am https://managersofwealth.com/article/110155/ampldquothereamprsquos-false-perception-that-peopleamprsquos-skills-erode-when-they-are-not-workingamprdquo Investec recently spoke to Julianne Miles, a social entrepreneur and the CEO of Career Returners. Research Forbes Recognizes JKS Financial as a Best-in-State Top Wealth Management Team News Team Thursday, February 08, 2024 12:00 am https://managersofwealth.com/article/109882/forbes-recognizes-jks-financial-as-a-best-in-state-top-wealth-management-team The team was ranked 33 on Forbes and SHOOK Research's annual list Research Coutts London Prime Property Index Q4 2023 News Team Thursday, January 25, 2024 12:00 am https://managersofwealth.com/article/109605/coutts-london-prime-property-index-q4-2023 Despite this late flurry, prices remained broadly static across prime central London when comparing overall data from 2022 and 2023. Research How Rich Has Elon Musk Been During Every Decade of His Life? News Aggregation Team Monday, January 22, 2024 12:00 am https://managersofwealth.com/article/109530/how-rich-has-elon-musk-been-during-every-decade-of-his-life He made his huge fortune over many years by starting up new companies and investing money in existing ones. Research Swiss Finance Institute receives new addition from the Rhine knee News Aggregation Team Monday, January 22, 2024 12:00 am https://managersofwealth.com/article/109542/swiss-finance-institute-receives-new-addition-from-the-rhine-knee The latest addition is also the oldest university in Switzerland. Research Need for financial advice drives more secondary accounts to wealth management firms News Aggregation Team Wednesday, January 17, 2024 12:00 am https://managersofwealth.com/article/109439/need-for-financial-advice-drives-more-secondary-accounts-to-wealth-management-firms J.D. Power's study suggests that many "competitive" providers may already be doing so. Research How Macquarie wins from BlackRock’s 20-year infrastructure bet News Aggregation Team Monday, January 15, 2024 12:00 am https://managersofwealth.com/article/109390/how-macquarie-wins-from-blackrockamprsquos-20-year-infrastructure-bet BlackRock’s acquisition of Global Infrastructure Partners suggests the local market may be underestimating the value of it Macquarie’s world-leading asset management empire. Research The top 10 cities around the world with the most ultra-wealthy people News Aggregation Team Monday, January 15, 2024 12:00 am https://managersofwealth.com/article/109394/the-top-10-cities-around-the-world-with-the-most-ultra-wealthy-people Less than 1% of the ultra-high net worth group is comprised of billionaires Research 40% of Swiss companies hedge their currency risks – estimates of economic development are mixed News Team Tuesday, January 09, 2024 12:00 am https://managersofwealth.com/article/109301/40-of-swiss-companies-hedge-their-currency-risks-ampndash-estimates-of-economic-development-are-mixed As of the end of 2024, the companies surveyed expect the EUR/CHF exchange rate to stand at 0.95. For the US dollar, they forecast a rate of 0.90 against the Swiss franc. Research Seven Cambridge Advisors Split To Form Stonepath News Aggregation Team Friday, January 05, 2024 12:00 am https://managersofwealth.com/article/109229/seven-cambridge-advisors-split-to-form-stonepath The firm is led by Lauren Renee Golba, president, and Matthew Thomas Golba, CEO. 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 ESG in business: what’s on the horizon for 2024? News Team Friday, February 23, 2024 12:00 am https://managersofwealth.com/article/110182/esg-in-business-whatamprsquos-on-the-horizon-for-2024 The UK Green Building Council estimates that 25 per cent of the UK’s total greenhouse gas emissions are attributable to the built environment, and quality data is vital in the drive to decarbonise buildings. Planet SOS Sustainable High Yield strategy: when High Yield and Sustainability Go Hand in Hand News Team Wednesday, February 21, 2024 12:00 am https://managersofwealth.com/article/110122/sustainable-high-yield-strategy-when-high-yield-and-sustainability-go-hand-in-hand We are proud of this recognition, which – above and beyond the several labels this fund has earned – confirms Mirova's leadership and recognised expertise in the realm of responsible investment. Planet SOS ESG Economist - Responsive demand for grid balancing News Team Tuesday, February 20, 2024 12:00 am https://managersofwealth.com/article/110100/esg-economist-responsive-demand-for-grid-balancing Demand response measures represent a cornerstone for aligning with Net-zero scenario with more than 500 GW of required demand savings by 2030. Planet SOS AI, big data: can technology make agriculture greener? News Team Tuesday, February 20, 2024 12:00 am https://managersofwealth.com/article/110102/ai-big-data-can-technology-make-agriculture-greener This overview highlights some of the developments being put in place in France, which is a European leader in the field. Planet SOS BNPP AM launches two active fixed income ESG ETFs News Aggregation Team Tuesday, February 20, 2024 12:00 am https://managersofwealth.com/article/110117/bnpp-am-launches-two-active-fixed-income-esg-etfs BNPP AM’s ESG shared that the active fixed income ETF range applies an index-like approach combined with its proprietary sustainability approach. Planet SOS JPMorgan and State Street quit climate group as BlackRock scales back News Aggregation Team Friday, February 16, 2024 12:00 am https://managersofwealth.com/article/110061/jpmorgan-and-state-street-quit-climate-group-as-blackrock-scales-back Reduced participation means none of top five money managers fully back Climate Action 100+ Planet SOS ABN AMRO publishes updated Green Bond Framework aligned with new EU Green Bond Standard News Team Thursday, February 15, 2024 12:00 am https://managersofwealth.com/article/110041/abn-amro-publishes-updated-green-bond-framework-aligned-with-new-eu-green-bond-standard ABN AMRO was among the first banks in Europe to issue green bonds in 2015. Planet SOS Barclays focuses capital and resources on supporting energy companies to decarbonise News Team Wednesday, February 14, 2024 12:00 am https://managersofwealth.com/article/110009/barclays-focuses-capital-and-resources-on-supporting-energy-companies-to-decarbonise Stops directly financing energy clients’ new oil and gas projects Planet SOS Plastic is past it: the irresistible rise of reusable packaging News Team Tuesday, February 13, 2024 12:00 am https://managersofwealth.com/article/109970/plastic-is-past-it-the-irresistible-rise-of-reusable-packaging That’s why tackling the plastic waste crisis effectively means making better use of the materials we already have – primarily through the concepts of reuse and refill. Planet SOS Pimfa calls for more clarity from FCA on anti-greenwashing rules News Team Thursday, February 08, 2024 12:00 am https://managersofwealth.com/article/109890/pimfa-calls-for-more-clarity-from-fca-on-anti-greenwashing-rules Pimfa said more examples in the guidance could reduce the regulatory burden on firms. Planet SOS 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 Health and wellbeing: an opportunity for investors News Team Tuesday, May 24, 2022 1:00 am https://managersofwealth.com/article/97812/health-and-wellbeing-an-opportunity-for-investors For investors, health and wellbeing megatrends offer exciting long-term prospects, especially if they are interested in sustainable investments. Health & Wellness Heathrow urges government to remove testing for fully vaccinated travellers News Aggregation Team Thursday, January 13, 2022 12:00 am https://managersofwealth.com/article/94785/heathrow-urges-government-to-remove-testing-for-fully-vaccinated-travellers As it stands, pre-departure tests have been scrapped while Day 2 PCR tests have been replaced with lateral flows. Covid-19 Credit Suisse chairman to get warning on quarantine breaks News Aggregation Team Monday, January 10, 2022 12:00 am https://managersofwealth.com/article/94646/credit-suisse-chairman-to-get-warning-on-quarantine-breaks Horta-Osorio was forced to apologise for "unintentionally" breaking Swiss quarantine rules in November by flying to the Iberian peninsula aboard a private jet. Covid-19 The Plane Is Boarding, Where Are Your Test Results? News Aggregation Team Sunday, January 02, 2022 12:00 am https://managersofwealth.com/article/94484/the-plane-is-boarding-where-are-your-test-results International travelers in search of Covid-19 tests are scrambling to find sites that can get them results before their flights take off — and sometimes failing. Covid-19 UBS tells European dealmakers not to travel as Omicron worries mount News Aggregation Team Friday, December 03, 2021 12:00 am https://managersofwealth.com/article/93839/ubs-tells-european-dealmakers-not-to-travel-as-omicron-worries-mount The Swiss bank has told staff in its global banking division in Europe not to travel for business purposes as a precautionary measure, according to people familiar with the matter. Covid-19 New Covid variant roils global markets with oil sinking 5% News Aggregation Team Friday, November 26, 2021 12:00 am https://managersofwealth.com/article/93657/new-covid-variant-roils-global-markets-with-oil-sinking-5 Many of these mutations are linked to increased antibody resistance Covid-19 As Covid Closes in, Swiss Debate Office Presence News Aggregation Team Friday, November 26, 2021 12:00 am https://managersofwealth.com/article/93661/as-covid-closes-in-swiss-debate-office-presence Switzerland's drug regulator approved booster shots for a wider swath of the population earlier this week. Covid-19 Delta: study shows pre-flight testing "significantly decreases rate of Covid-19 infections on board" News Aggregation Team Thursday, September 16, 2021 1:00 am https://managersofwealth.com/article/91656/delta-study-shows-pre-flight-testing-ampquotsignificantly-decreases-rate-of-covid-19-infections-on-boardampquot Dr Henry Ting, Delta’s chief health officer, said that the findings confirmed previous simulation models of viral transmission on planes. Covid-19 EU and UK vaccination certificates can now be uploaded into IATA Travel Pass News Team Thursday, August 26, 2021 1:00 am https://managersofwealth.com/article/91075/eu-and-uk-vaccination-certificates-can-now-be-uploaded-into-iata-travel-pass This information can be shared with airlines and border control authorities who can have the assurance that the certificate presented to them is genuine and belongs to the person presenting it. Covid-19 Hong Kong Puts Switzerland On High COVID Risk List News Aggregation Team Tuesday, August 17, 2021 1:00 am https://managersofwealth.com/article/90822/hong-kong-puts-switzerland-on-high-covid-risk-list Switzerland, France, the Netherlands, and the U.S. are among the 15 countries that are to be upgraded to high from medium risk. Covid-19 Wall Street giant to bar unvaccinated staff News Aggregation Team Wednesday, June 23, 2021 1:00 am https://managersofwealth.com/article/89207/wall-street-giant-to-bar-unvaccinated-staff The policy comes into effect next month, in a move aimed to allow the lifting of other Covid-related rules. Covid-19