Managers of Wealth http://managersofwealth.com/ Sat, 20 Apr 2024 09:56:01 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Morgan Stanley Wealth Management Pulse Survey Reveals Bullish Sentiment Despite Drop in Optimism News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111220/morgan-stanley-wealth-management-pulse-survey-reveals-bullish-sentiment-despite-drop-in-optimism Inflation and election concerns have increased. Wealth and Asset Management ABN AMRO is doubling the number of Help with Banking advisers News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111221/abn-amro-is-doubling-the-number-of-help-with-banking-advisers Banking is becoming increasingly digitalised and also easier for many. Wealth and Asset Management Gary S. Williams of Williams Asset Management Honored in Forbes Best-In-State Wealth Advisors List for 2024 News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111222/gary-s-williams-of-williams-asset-management-honored-in-forbes-best-in-state-wealth-advisors-list-for-2024 This marks the sixth year in a row of being named to this prestigious list of financial advisors. Wealth and Asset Management Coutts' approach to investing News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111224/couttsamp039-approach-to-investing How we decide where to invest our clients’ money – and how it’s working out. Wealth and Asset Management Raiffeisen publishes annual reports for 2023 News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111232/raiffeisen-publishes-annual-reports-for-2023 It managed to grow in all business areas and gain market share. Wealth and Asset Management HNW advice firm partners with Multiply News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111233/hnw-advice-firm-partners-with-multiply This will be done by automating aspects of the onboarding and annual review processes for clients. Wealth and Asset Management Geneva-based Pictet AM debuts AI-powered global equities fund News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111241/geneva-based-pictet-am-debuts-ai-powered-global-equities-fund The Luxembourg-domiciled fund will target an annual return before fees of 1.5% above the MSCI World index Wealth and Asset Management UBS, Nomura Battle to Win Rates Sales to Europe’s Ultra Rich News Aggregation Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111190/ubs-nomura-battle-to-win-rates-sales-to-europeamprsquos-ultra-rich Switzerland’s biggest bank has been adding to its structured rates offering over the past six months. Wealth and Asset Management Brooks Macdonald funds under management rise in third quarter News Aggregation Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111192/brooks-macdonald-funds-under-management-rise-in-third-quarter During the third quarter, organic net new business fell by GBP294 million or 1.7%, but this was more than offset by investment performance rising by GBP642 million or 3.7%. Wealth and Asset Management UBS GWM's market team head for Malaysia and Singapore exits News Aggregation Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111193/ubs-gwmamp039s-market-team-head-for-malaysia-and-singapore-exits The market team head had been with UBS GWM for almost two decades. Wealth and Asset Management Schroders names Alex Tedder as Co-Head of Equities amid promotions of top public markets investment talent News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111217/schroders-names-alex-tedder-as-co-head-of-equities-amid-promotions-of-top-public-markets-investment-talent Alex Tedder will now lead the equities business alongside Rory Bateman Executive Moves Two senior exits at Deutsche Bank PB Singapore News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111218/two-senior-exits-at-deutsche-bank-pb-singapore One departure includes a group head for Southeast Asia who has been with the bank for over two years. Executive Moves HSBC GPB reshuffles ASEAN desk following market head exit News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111219/hsbc-gpb-reshuffles-asean-desk-following-market-head-exit The market head for Asean and Australia has resigned, after being with the bank since 2007. Executive Moves The Board of Directors of CaixaBank Asset Management appoints Ana Martín de Santa Olalla as its new CEO News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111226/the-board-of-directors-of-caixabank-asset-management-appoints-ana-martampiacuten-de-santa-olalla-as-its-new-ceo Ana Martín de Santa Olalla had hitherto been Head of Business and Sales at CaixaBank AM. Executive Moves Brown Shipley alumni team up with old colleagues at boutique News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111227/brown-shipley-alumni-team-up-with-old-colleagues-at-boutique Boasting a combined 25 years of Brown Shipley experience, Anne Brookes and Clive Batchelor reunite with three former colleagues at EFG Harris Allday. Executive Moves Lugano multi-family office appoints new CEO News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111230/lugano-multi-family-office-appoints-new-ceo Veco Group has named a new chief executive as Antonio Mandrà, former president and CEO of Veco Group, leaves after 28 years at the firm. Executive Moves Oak Group appoints new Head of Marketing News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111234/oak-group-appoints-new-head-of-marketing In her new role, Sophie will work closely with Oak’s CCO, Kate Clouston, to align marketing activities with Oak’s business goals and values. Executive Moves LGT Group appoints two new members to its Foundation Board News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111235/lgt-group-appoints-two-new-members-to-its-foundation-board LGT Group Foundation has appointed Helen Louise Heslop and Gunn Wærsted to its Foundation Board. They took office on 1 January 2024. Executive Moves Meet the newest team member of the Brooks Macdonald family! News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111239/meet-the-newest-team-member-of-the-brooks-macdonald-family We’re delighted to have Louise on board. Executive Moves Collas Crill's private client team strengthened by appointment News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111240/collas-crillamp039s-private-client-team-strengthened-by-appointment She will now re-join the non-contentious side of the Private Client Team alongside Victoria Yates. Executive Moves Andy Cole and other ex-footballers join scam victims in HMRC campaign News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111228/andy-cole-and-other-ex-footballers-join-scam-victims-in-hmrc-campaign Campaigners call for an end to the taxman’s perceived harsh tax collection tactics as victims of financial misconduct recount sleepless nights waiting for tax bills. Legal,Regulation,Tax & Compliance Second Cazenove director exits for wealth boutique News Aggregation Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111198/second-cazenove-director-exits-for-wealth-boutique Rob Hodgson has joined Vermeer Partners as a financial planning director, working alongside managing director and former Cazenove colleague Chris Hogarth. Legal,Regulation,Tax & Compliance Independent audit confirms that the loans are granted correctly News Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111208/independent-audit-confirms-that-the-loans-are-granted-correctly The audit report confirms the regularity of the lending and classifies the bank's credit policy as conservative Legal,Regulation,Tax & Compliance Ex-Man Utd footballer sues his former SJP adviser over £750k unclear fees News Aggregation Team Monday, April 15, 2024 1:00 am http://managersofwealth.com/article/111112/ex-man-utd-footballer-sues-his-former-sjp-adviser-over-amppound750k-unclear-fees Chris Smalling is suing Klipp Wealth Management, a representative of SJP, for £750,000, alleging it failed to accurately disclose fees. Legal,Regulation,Tax & Compliance Morgan Stanley Dives As Regulators Open Wealth Arm Probes News Aggregation Team Friday, April 12, 2024 1:00 am http://managersofwealth.com/article/111101/morgan-stanley-dives-as-regulators-open-wealth-arm-probes The regulators are investigating whether Morgan Stanley has properly investigated potential clients and their sources of wealth, as well as how it monitors their financial activity. Legal,Regulation,Tax & Compliance Woodford points finger at Link and FCA as watchdog proposes action News Aggregation Team Thursday, April 11, 2024 1:00 am http://managersofwealth.com/article/111067/woodford-points-finger-at-link-and-fca-as-watchdog-proposes-action Regulator claims fund manager Neil Woodford had a defective and unreasonably narrow understanding of his responsibilities. Legal,Regulation,Tax & Compliance UBS Tries to Reverse CS Judgement in Singapore News Aggregation Team Wednesday, April 10, 2024 1:00 am http://managersofwealth.com/article/111043/ubs-tries-to-reverse-cs-judgement-in-singapore A court in the city-state is currently wrestling with the hundreds of millions of dollars in client damages. Legal,Regulation,Tax & Compliance Using bond ladders to manage liquidity News Team Tuesday, April 09, 2024 1:00 am http://managersofwealth.com/article/111002/using-bond-ladders-to-manage-liquidity Bond ladders can be a useful tool to help investors balance their liquidity needs with stable income generation. Legal,Regulation,Tax & Compliance UBS has considered an alternative for CS business in China News Aggregation Team Tuesday, April 09, 2024 1:00 am http://managersofwealth.com/article/111013/ubs-has-considered-an-alternative-for-cs-business-in-china The major Swiss bank could sell its majority stake in the Credit Suisse (CS) securities trading joint venture in the People's Republic directly to a local government fund. Legal,Regulation,Tax & Compliance Wirecard shareholders want to block EY restructuring News Aggregation Team Monday, April 08, 2024 1:00 am http://managersofwealth.com/article/110990/wirecard-shareholders-want-to-block-ey-restructuring They fear that the company is trying to shirk its financial responsibility. Legal,Regulation,Tax & Compliance Leading fund administrator, Alter Domus goes live on Temenos Multifonds platform to manage growth in alternative funds News Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111209/leading-fund-administrator-alter-domus-goes-live-on-temenos-multifonds-platform-to-manage-growth-in-alternative-funds The alternative investments specialist, with $2.2tn of assets under management, will use Temenos to support the expansion of alternative investments to retail investors FinTech Kinsted Wealth selects Objectway for enhanced and fully integrated client and investment management platform to drive growth News Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111216/kinsted-wealth-selects-objectway-for-enhanced-and-fully-integrated-client-and-investment-management-platform-to-drive-growth This solution will enable Kinsted Wealth to improve client experience with a 360° client view FinTech SBI SECURITIES Selects Broadridge's Post-trade Solution for its Equities Brokerage Services in the UK News Team Tuesday, April 16, 2024 1:00 am http://managersofwealth.com/article/111160/sbi-securities-selects-broadridgeamp039s-post-trade-solution-for-its-equities-brokerage-services-in-the-uk Broadridge has proven to be the partner of choice for us as we grow our business globally. FinTech Santander to launch Openbank digital brand in US News Aggregation Team Thursday, April 11, 2024 1:00 am http://managersofwealth.com/article/111054/santander-to-launch-openbank-digital-brand-in-us Under the Openbank name, Santander will introduce a new nationwide digital offering in the US. FinTech UBS Group Digital Transformation Strategy Analysis Report 2024 News Team Thursday, April 11, 2024 1:00 am http://managersofwealth.com/article/111066/ubs-group-digital-transformation-strategy-analysis-report-2024 This report provides insight into UBS's fintech activities FinTech How wealth firms can find the right AI for the job News Aggregation Team Wednesday, April 10, 2024 1:00 am http://managersofwealth.com/article/111042/how-wealth-firms-can-find-the-right-ai-for-the-job FinTech Global spoke to several WealthTech leaders to offer some guidance on what to look for. FinTech Navigating the new era of compliance: AI innovations in wealth management News Aggregation Team Tuesday, April 09, 2024 1:00 am http://managersofwealth.com/article/111019/navigating-the-new-era-of-compliance-ai-innovations-in-wealth-management The financial sector, especially wealth and asset management firms, is at a pivotal juncture. FinTech London-based Avenir secures €487k pre-seed to disrupt wealth management with personalisation News Team Tuesday, April 09, 2024 1:00 am http://managersofwealth.com/article/111023/london-based-avenir-secures-ampeuro487k-pre-seed-to-disrupt-wealth-management-with-personalisation With this funding, we’re poised to disrupt the £1.2 trillion in assets under management within the wealth management sector in the UK FinTech Wealth apps: improving the digital experience for your wealth management clients News Team Monday, April 08, 2024 1:00 am http://managersofwealth.com/article/110978/wealth-apps-improving-the-digital-experience-for-your-wealth-management-clients Our own results demonstrate that enhanced client-facing texting and messaging services can increase front office productivity by 25% while boosting client-facing time by 5–10% through enhanced collaboration. FinTech SC Ventures and NEXT176 to Launch a Wealth Platform That Makes Financial and Wealth Planning Accessible to All News Aggregation Team Friday, April 05, 2024 1:00 am http://managersofwealth.com/article/110959/sc-ventures-and-next176-to-launch-a-wealth-platform-that-makes-financial-and-wealth-planning-accessible-to-all This inclusive wealth management platform will aim to bring simple, affordable, AI-led and Shariah-compliant wealth management solutions to users in the Middle East, Africa and beyond. FinTech Monaco Woos GBA Family Offices News Aggregation Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111201/monaco-woos-gba-family-offices Monaco is known as a haven for the ultra-rich with no tax for income, capital gains or inheritance. Family Office Family offices in Asia: the booming powerhouses of asset management News Team Tuesday, April 16, 2024 1:00 am http://managersofwealth.com/article/111157/family-offices-in-asia-the-booming-powerhouses-of-asset-management Originally designed to manage the wealth of HNWIs, family offices’ role has expanded to encompass strategic investments and influencing corporate governance. Family Office Validus Capital Expands Team and Multi-Family Office Capabilities with Managing Director Wayne Park, CPA News Team Friday, April 12, 2024 1:00 am http://managersofwealth.com/article/111083/validus-capital-expands-team-and-multi-family-office-capabilities-with-managing-director-wayne-park-cpa Prior to working at Mariner, Wayne was an experienced tax professional with Apercen Partners, LLC, where he focused on tax compliance and consulting services for UHNW clients. Family Office Shifting The Family Office For A Different Generation News Aggregation Team Wednesday, April 10, 2024 1:00 am http://managersofwealth.com/article/111032/shifting-the-family-office-for-a-different-generation Additionally, research suggests that this wealth will transfer to a smaller, yet more diverse group compared to previous generations. Family Office Family offices have tripled since 2019, creating a new gold rush on Wall Street News Aggregation Team Tuesday, April 09, 2024 1:00 am http://managersofwealth.com/article/111024/family-offices-have-tripled-since-2019-creating-a-new-gold-rush-on-wall-street There are more than 2,600 billionaires in the world, almost all of them requiring a family office. Family Office Technology And Private Markets: The Changing Family Office Approach News Aggregation Team Monday, April 08, 2024 1:00 am http://managersofwealth.com/article/110979/technology-and-private-markets-the-changing-family-office-approach With the growth of family offices worldwide, technologies enabling access to private markets as an asset class have been quick to capitalise on an emerging opportunity. Family Office Investors welcome to set up family offices in HK as wealth management among govt policy priorities: CE News Aggregation Team Monday, April 08, 2024 1:00 am http://managersofwealth.com/article/110993/investors-welcome-to-set-up-family-offices-in-hk-as-wealth-management-among-govt-policy-priorities-ce The city's leader stated that there are currently 2,700 family offices in Hong Kong, generating a considerable multiplier effect on the city's economy. Family Office The New Titans Of Wealth: How Ultra-High-Net-Worth Individuals Are Changing The Game For Family Offices News Aggregation Team Thursday, April 04, 2024 1:00 am http://managersofwealth.com/article/110924/the-new-titans-of-wealth-how-ultra-high-net-worth-individuals-are-changing-the-game-for-family-offices In an era marked by rapid transformations in the financial sector, family offices stand at a pivotal juncture, grappling with a multitude of challenges and opportunities. Family Office Singapore’s Wealth Management Status Challenged News Aggregation Team Monday, April 01, 2024 1:00 am http://managersofwealth.com/article/110857/singaporeamprsquos-wealth-management-status-challenged Most of these costs are related to internal operations, family expenses, professional services, and investment fees Family Office Hong Kong targets family offices with philanthropy initiative News Aggregation Team Thursday, March 28, 2024 12:00 am http://managersofwealth.com/article/110832/hong-kong-targets-family-offices-with-philanthropy-initiative The Hong Kong government yesterday announced the launch of Impact Link, which aims to bring together charitable causes requiring funding and family offices and philanthropists. Family Office What Sustainability at Watches and Wonders Geneva 2024 Really Looked Like News Aggregation Team Wednesday, April 17, 2024 1:00 am http://managersofwealth.com/article/111179/what-sustainability-at-watches-and-wonders-geneva-2024-really-looked-like IWC scraps its annual sustainability report, TAG Heuer delivers lab-grown diamonds while Cartier CEO Cyrille Vigneron renews his green commitments. Luxury LVMH sets tone for luxury peers; Adidas delivers positive news ahead of summer of sport News Team Wednesday, April 17, 2024 1:00 am http://managersofwealth.com/article/111184/lvmh-sets-tone-for-luxury-peers-adidas-delivers-positive-news-ahead-of-summer-of-sport Just in terms of trends, in the US, there continues to be a divergence between aspirational and high-end consumers, and the former continue to feel the pressure of inflation and price increases. Luxury Watches that last: how ID Genève is transforming luxury watch-making by embracing the circular economy News Team Monday, April 15, 2024 1:00 am http://managersofwealth.com/article/111115/watches-that-last-how-id-genampegraveve-is-transforming-luxury-watch-making-by-embracing-the-circular-economy Breaking with tradition, innovative players are now opening the way to more circular and environmentally-friendly watch-making. Luxury This $33 Million Home Resides in Rolls-Royce’s Former London Headquarters News Aggregation Team Thursday, April 11, 2024 1:00 am http://managersofwealth.com/article/111060/this-33-million-home-resides-in-rolls-royceamprsquos-former-london-headquarters The apartment is tucked into an eye-catching building that stands on a piece of land that has had many lives over the past few centuries. Luxury China’s young ultra-rich seen reshaping wealth management, art collection and luxury spending: HSBC summit speakers News Aggregation Team Thursday, April 11, 2024 1:00 am http://managersofwealth.com/article/111072/chinaamprsquos-young-ultra-rich-seen-reshaping-wealth-management-art-collection-and-luxury-spending-hsbc-summit-speakers Wealth management is transforming into ‘a new virtual format in addition to the traditional finance space’, asset manager says Luxury Wealthy Chinese dial back spending on luxury: Hurun survey News Aggregation Team Thursday, April 04, 2024 1:00 am http://managersofwealth.com/article/110930/wealthy-chinese-dial-back-spending-on-luxury-hurun-survey Report shows China’s affluent consumers reined in their spending on luxury last year, though bright spots emerged. Luxury Luxury Cars Market size to record USD 180.52 bn growth from 2024-2028, Launch of electric luxury car models is one of the key market trends, Technavio News Team Tuesday, March 26, 2024 12:00 am http://managersofwealth.com/article/110781/luxury-cars-market-size-to-record-usd-18052-bn-growth-from-2024-2028-launch-of-electric-luxury-car-models-is-one-of-the-key-market-trends-technavio The market is estimated to grow at a CAGR of 6.56% during the forecast period. Luxury Gustav Klimt's Last Work Soon To Be Unveiled in Hong Kong News Aggregation Team Monday, March 25, 2024 12:00 am http://managersofwealth.com/article/110753/gustav-klimtamp039s-last-work-soon-to-be-unveiled-in-hong-kong Their participation underscored the deep connection between LGT Bank, the manager of the Princely Collections of Liechtenstein, and the Im Kinsky auction house. Luxury Sky-high wellness: private jets embrace the next frontier of luxury travel News Aggregation Team Monday, March 25, 2024 12:00 am http://managersofwealth.com/article/110751/sky-high-wellness-private-jets-embrace-the-next-frontier-of-luxury-travel A new programme from VistaJet provides passengers with a service pre-, mid- and post-flight, transforming a private flight into an “enriching” experience. Luxury Putting on the Ritz: As the luxury hotel launches its new Rolls-Royce service, Tatler tries out the VIP experience News Aggregation Team Friday, March 22, 2024 12:00 am http://managersofwealth.com/article/110714/putting-on-the-ritz-as-the-luxury-hotel-launches-its-new-rolls-royce-service-tatler-tries-out-the-vip-experience Embarking on a journey through the heart of London takes on a new dimension with the arrival of the Ritz Rolls-Royce Experience Luxury EQT readies infrastructure fund for wealthy clients News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111229/eqt-readies-infrastructure-fund-for-wealthy-clients The Swedish private equity group is preparing several products for the segment and expects it to make up 15% to 20% of the overall fundraisings over time. Extremely Wealthy Elon Musk's wealth has crashed by over $160 billion from its peak as Tesla's problems pile up News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111238/elon-muskamp039s-wealth-has-crashed-by-over-160-billion-from-its-peak-as-teslaamp039s-problems-pile-up Tesla shares have tumbled 62% from their peak as investors gear up for a growth slowdown. Extremely Wealthy Malaysia’s 50 Richest 2024: Some Tycoons Hit The Jackpot In A Year Of Moderate Growth News Aggregation Team Tuesday, April 16, 2024 1:00 am http://managersofwealth.com/article/111155/malaysiaamprsquos-50-richest-2024-some-tycoons-hit-the-jackpot-in-a-year-of-moderate-growth Property gains propel the wealth of a select few amid rising demand. Extremely Wealthy Jeff Bezos, Elon Musk and 12 Others That Have Racked Up $100 Billion+ Net Worth News Aggregation Team Thursday, April 11, 2024 1:00 am http://managersofwealth.com/article/111055/jeff-bezos-elon-musk-and-12-others-that-have-racked-up-100-billion-net-worth Bernard Arnault has retained his place atop Forbes’ World’s Billionaires list Extremely Wealthy How Much Are the Ultra Wealthy Really Investing in Gold? News Aggregation Team Monday, April 08, 2024 1:00 am http://managersofwealth.com/article/110976/how-much-are-the-ultra-wealthy-really-investing-in-gold They just don’t own giant vaults and swim in gold like Scrooge McDuck. Extremely Wealthy Mark Zuckerberg’s wealth exceeds Elon Musk’s for the first time since 2020 News Aggregation Team Monday, April 08, 2024 1:00 am http://managersofwealth.com/article/110991/mark-zuckerbergamprsquos-wealth-exceeds-elon-muskamprsquos-for-the-first-time-since-2020 That followed news earlier in the week that Tesla’s vehicle deliveries fell in the three months through March, their first year-over-year decline since the early days of the Covid pandemic. Extremely Wealthy 5 Countries with Highest Percentage of Millionaires in the World News Aggregation Team Thursday, April 04, 2024 1:00 am http://managersofwealth.com/article/110928/5-countries-with-highest-percentage-of-millionaires-in-the-world The upper-middle segment has net assets accumulated around $178.9 trillion, accounting for 39.4% of global wealth in 2022. Extremely Wealthy Forbes’ rich list gains $2 trillion as Taylor Swift and Sam Altman become billionaires News Team Wednesday, April 03, 2024 1:00 am http://managersofwealth.com/article/110897/forbesamprsquo-rich-list-gains-2-trillion-as-taylor-swift-and-sam-altman-become-billionaires Collectively, the planet’s billionaires gained $2 trillion between them in 2023. Extremely Wealthy The Countries With The Most Billionaires 2024 News Aggregation Team Tuesday, April 02, 2024 1:00 am http://managersofwealth.com/article/110880/the-countries-with-the-most-billionaires-2024 America doubles its lead on China while India hits new high. Extremely Wealthy Mark Zuckerberg's Net Worth Grows By $28.1 Billion As Billionaire Trades $30 Million Mansion For $300 Million Yacht News Aggregation Team Tuesday, March 26, 2024 12:00 am http://managersofwealth.com/article/110774/mark-zuckerbergamp039s-net-worth-grows-by-281-billion-as-billionaire-trades-30-million-mansion-for-300-million-yacht The sale of Zuckerberg’s Woodside mansion, acquired in December 2021, marks a significant shift in his real estate holdings. Extremely Wealthy Middle East conflict: An update from our investment team News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111223/middle-east-conflict-an-update-from-our-investment-team Our funds and portfolios remain diversified in light of the recent escalation of events in the Middle East. Comment & Analysis Diversification is crucial, especially in 2024 News Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111225/diversification-is-crucial-especially-in-2024 Risks of disappointment caused by geopolitics and elections, interest rate moves or AI inadequacies are high. Comment & Analysis UBS Shrinks China Fund Unit News Aggregation Team Friday, April 19, 2024 1:00 am http://managersofwealth.com/article/111237/ubs-shrinks-china-fund-unit UBS is also making broader efforts to reallocate resources in its Chinese asset management business, consolidate platforms and absorb resources from Credit Suisse. Comment & Analysis Hawksmoor’s Philbin: We want to be the ‘Intel Inside’ for advisers News Aggregation Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111195/hawksmooramprsquos-philbin-we-want-to-be-the-amplsquointel-insideamprsquo-for-advisers CIO of Hawksmoor Investment Solutions, Richard Philbin, discusses the need for ‘Wealth Management 2.0’ Comment & Analysis Wealth advising 2024: Key trends for success News Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111211/wealth-advising-2024-key-trends-for-success With the economic optimism on the horizon for the balance of 2024, the wealth of high-net-worth individuals is expected to grow modestly this year. Comment & Analysis Living with US inflation News Team Wednesday, April 17, 2024 1:00 am http://managersofwealth.com/article/111163/living-with-us-inflation It’s increasingly probable that the Fed will make minimal adjustments to rates – or perhaps none at all. Comment & Analysis Understanding sustainability risks and opportunities News Team Wednesday, April 17, 2024 1:00 am http://managersofwealth.com/article/111183/understanding-sustainability-risks-and-opportunities Sustainability is fundamentally a long-term investment issue for us Comment & Analysis The pound is no longer so vulnerable News Team Wednesday, April 17, 2024 1:00 am http://managersofwealth.com/article/111185/the-pound-is-no-longer-so-vulnerable The rapid fall in UK inflation since a peak in 2022 — both headline and core — has prompted inflation- adjusted real interest rates to move towards positive territory. Comment & Analysis ESG Economist - How big is the impact of a Hot-House World scenario on Europe’s GDP? News Team Monday, April 15, 2024 1:00 am http://managersofwealth.com/article/111109/esg-economist-how-big-is-the-impact-of-a-hot-house-world-scenario-on-europeamprsquos-gdp The impact depends on the nature of the scenario. Comment & Analysis Interview with Asif Aziz: billionaire, entrepreneur and philanthropist News Team Monday, April 15, 2024 1:00 am http://managersofwealth.com/article/111111/interview-with-asif-aziz-billionaire-entrepreneur-and-philanthropist Trainee solicitor Ibrahim Mohammed interviewed Asif to find out more about his work. Comment & Analysis 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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 Cerulli: Wealthy Investors Prefer Advisors at Big Firms News Aggregation Team Friday, April 05, 2024 1:00 am http://managersofwealth.com/article/110946/cerulli-wealthy-investors-prefer-advisors-at-big-firms Investors have a strong preference for advisors at large national banks and broker/dealers, especially the high-net-worth. Research UBS: Mainland Chinese art collectors spent the most in 2023 News Aggregation Team Wednesday, March 13, 2024 12:00 am http://managersofwealth.com/article/110535/ubs-mainland-chinese-art-collectors-spent-the-most-in-2023 Their median expenditure on art and antiques surged to $241,000 in the first half of last year, according to the Art Basel and UBS Global Art Market Report 2024. Research Family Offices Market 2024: Rising Demand for Tailored Wealth Management News Team Wednesday, March 06, 2024 12:00 am http://managersofwealth.com/article/110403/family-offices-market-2024-rising-demand-for-tailored-wealth-management Family offices are private firms that manage the investments and wealth of high-net-worth individuals or families. Research New Global Research Reveals How Wealth Management Firms Have to Reinvent Themselves to Thrive in the Next Era of Investing News Team Wednesday, February 28, 2024 12:00 am http://managersofwealth.com/article/110259/new-global-research-reveals-how-wealth-management-firms-have-to-reinvent-themselves-to-thrive-in-the-next-era-of-investing Forward-looking study shows how investment providers are embracing new innovative technologies and AI as investor demographics and expectations shift worldwide Research Semi-liquid funds reach $350bn driven by private wealth demand News Aggregation Team Wednesday, February 28, 2024 12:00 am http://managersofwealth.com/article/110271/semi-liquid-funds-reach-350bn-driven-by-private-wealth-demand The number of strategies dedicated to wealth clients has doubled in the last five years, Preqin research shows. Research Pictet Research Institute launched News Team Tuesday, February 27, 2024 12:00 am http://managersofwealth.com/article/110241/pictet-research-institute-launched The Pictet Research Institute will be led by Maria Vassalou, who joins Pictet from Goldman Sachs Asset Management, where she was co-CIO of Multi-Asset Solutions. Research “There’s false perception that people’s skills erode when they are not working.” News Team Thursday, February 22, 2024 12:00 am http://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 http://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 http://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 http://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 Tropical Living: 9 Warm Destinations to Escape the Winter News Team Monday, January 16, 2023 12:00 am http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 Mirova invests in smart energy company GridBeyond News Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111199/mirova-invests-in-smart-energy-company-gridbeyond The company will use the funding to support its international expansion, increase its US presence and continue its investment in R&D to facilitate the delivery of a global zero-carbon future. Planet SOS ESG is an ‘integral part’ of the investment sector says Wren Sterling CIO News Aggregation Team Thursday, April 18, 2024 1:00 am http://managersofwealth.com/article/111203/esg-is-an-amplsquointegral-partamprsquo-of-the-investment-sector-says-wren-sterling-cio McPherson added that most clients want to make a positive contribution via ESG investing. Planet SOS The just transition: A closer look at Guernsey’s role News Team Wednesday, April 17, 2024 1:00 am http://managersofwealth.com/article/111171/the-just-transition-a-closer-look-at-guernseyamprsquos-role There is still a growing appetite for more bankable projects in the adaption and nature finance spaces. Planet SOS The CISI and Evertreen partner to plant trees and build a sustainable future News Team Wednesday, April 17, 2024 1:00 am http://managersofwealth.com/article/111172/the-cisi-and-evertreen-partner-to-plant-trees-and-build-a-sustainable-future Through this partnership a tangible impact is being made. Planet SOS Luxury sustainable packaging requires brands to think outside (and inside) the box News Team Tuesday, April 16, 2024 1:00 am http://managersofwealth.com/article/111150/luxury-sustainable-packaging-requires-brands-to-think-outside-and-inside-the-box Packaging is not only one of the world’s leading causes of waste Planet SOS ESG comes to the fore for asset managers’ voting News Aggregation Team Monday, April 15, 2024 1:00 am http://managersofwealth.com/article/111107/esg-comes-to-the-fore-for-asset-managersamprsquo-voting In light of this, asset managers have taken steps to increase their verification of these areas when it comes to their voting records. Planet SOS Ethos Launches Two New Sustainability Indices in Collaboration With SIX News Team Thursday, April 11, 2024 1:00 am http://managersofwealth.com/article/111064/ethos-launches-two-new-sustainability-indices-in-collaboration-with-six These developments strengthen the partnership between BCV and Ethos. Planet SOS Seas of untapped potential News Team Wednesday, April 10, 2024 1:00 am http://managersofwealth.com/article/111027/seas-of-untapped-potential The average lifespan of water pipes is 50–100 years, depending on what they’re made of and how much pressure they handle. Planet SOS Oil and gas prices diverge amid changing commodity dynamics News Team Wednesday, April 10, 2024 1:00 am http://managersofwealth.com/article/111034/oil-and-gas-prices-diverge-amid-changing-commodity-dynamics Rising oil prices are fanning investor concerns that sticky inflation could delay or derail rate cuts ahead. Planet SOS Federal Council renews its contribution to the Green Climate Fund News Team Wednesday, April 10, 2024 1:00 am http://managersofwealth.com/article/111036/federal-council-renews-its-contribution-to-the-green-climate-fund In particular, it funds initiatives aimed at reducing greenhouse gas emissions and adapting to climate change. Planet SOS Mental health ranks as highest employee concern for asset managers News Aggregation Team Friday, January 26, 2024 12:00 am http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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 http://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