Citywealth News
22 Oct 2010
Charity hike: Team Manches summit Kilimanjaro
Team Manches raised over £45,000 from friends, clients and members of the firm for four great charities: Cooperation Ireland, the peace building charity, the Cystic Fibrosis Trust, the Eve Appeal (for gynaecological cancer) and a local charity, The Rafiki Orthopaedic Foundation, which provides essential orthopaedic services for children in Eastern Africa and which is spearheaded by Belfast surgeon, Dennis Mawhinney, a friend of the Manches' team, who joined the climb. Read more...
20 Oct 2010
STEP Private Client Awards 2010/11 winners announced
The STEP awards 2010 were presented by Scottish impressionist, playwright and comedian, Rory Bremner. Mr Bremner is Britain’s best-loved impressionist. With a repertoire of over one hundred characters, he impersonates everyone from film stars to chat-show hosts, sportsmen to newsreaders and politicians to Mohammed Fayed. Bremner also contributed to Spitting Image and he now hosts Bremner, Bird and Fortune, which has won numerous awards itself. Read more...
20 Oct 2010
International private wealth newsflash: pre-nuptial agreements
In a big step towards English law treating pre-nuptial agreements as effective and decisive, the Supreme Court has dismissed Nicolas Granatino's appeal Read more...
11 Oct 2010
Sally Tennant, head of the private bank, Lombard Odier in London, steps down. Frédéric Rochat takes up post
Sally Tennant, head of the private bank, Lombard Odier in London, steps down. Frédéric Rochat takes up post Read more...
01 Oct 2010
Wine say Boodle Hatfield’s Henry Mander is proving good for the wallet if not the waistline
Investors are reported to be returning to the fine wine market with the Liv-Ex 100 Index of fine wines traded in London soaring by 47 per cent since the end of 2008 and 27 per cent since the start of this year. Demand for the 2009 Bordeaux is strong, with bottles of Lafite selling for upwards of £800 per bottle. In addition to attractive returns and a delicious asset to enjoy, investors can also take advantage of a beneficial tax regime and reliefs, as law firm Boodle Hatfield explains. Henry Mander, a solicitor at Boodle Hatfield who acts for wealthy individuals and investors said: “A bottle of wine is generally categorised as a ‘wasting asset’ by HMRC. This means investors buying wine in the expectation of it increasing in value in future years will not be subject to Capital Gains Tax on any profits when sold.” Read more...
24 Sep 2010
Cambiz Alikhani, of Iveagh, the Guinness Family Office, launches blog
Cambiz Alikhani, of Iveagh, the Guinness Family Office, has launched a blog which will update the market on his news and views on investing. Alikhani, who was formerly at Daiwa Int’l Capital Management, comments in one of the first posts. “Over the last few months financial markets have been pre-occupied with one key macro question: are we likely to see a double dip recession ahead? Our proprietary forecasting tools paint a very interesting picture with not much good news for those of us living in the UK. Our research shows that out of the seven major regions of the world that we analyse, the UK is by far the most at risk of a double dip recession but that the threat of this is limited (at least for the time being) in the rest of the world. Read more...
22 Sep 2010
Citywealth women in wealth first event at the Mappin & Webb room at Mosimann's Belgravia talking about
Tuesday 21 September saw the launch of the first Citywealth Women in Wealth event, held at the unique Mosimann's venue at 11b West Halkin Street, which sits in a smart Bond Street style lux-shopping boulevard. Held in the Mappin & Webb room, the twenty five attendees included Mr Ghayth Armanazi who is Executive Director at The British Syrian Society. Also attending were RBC Wealth Management's, Liz Taylor, who demonstrated substantial knowledge of Middle Eastern communities. Catharine Bell of Lawrence Graham, who came up with the topic attended, as did Marie Laure Humbert from Iveagh Ltd (Guinness Family Office) and Charlotte Thorne of Capital Generation Partners who are all members of the newly formed Women in Wealth club which had its launch party back in June. Read more...
22 Sep 2010
OECD Anti-Corruption: twenty-eight Asia-Pacific Countries adopt Anti-bribery recommendations
Twenty-eight countries from the Asia-Pacific region have adopted recommendations on fighting domestic and international bribery. Read more...
08 Sep 2010
Bedell Group appoints two new partners including Pauline Gale
Bedell Group has appointed Tim Pearce and Pauline Gale as partners. The appointments recognise their valuable contribution to the Group’s continuing success. Read more...
02 Sep 2010
Louisa France to lead Deutsche Bank’s Private Wealth intermediary business in Edinburgh
Louisa France to lead Deutsche Bank’s Private Wealth intermediary business in Edinburgh. France will report to Grant Milne who heads the Edinburgh office and will work with Simon Brennan who leads business development in Deutsche Bank’s Private Wealth Management office in Glasgow. Read more...
