Month: October 2015
“I just did what my adviser recommended” won’t work in court
Andrew Watters, director at Thomas Eggar, talks about the Little Wing Films case and why UHNWs must make sure that any film investment they are planning for is legitimate.
read moreGet a dispassionate advisor who can sense when investments are too good to be true
Charles (Chuck) Lubar, senior counsel, McDermott Will & Emery, talks about tax advantaged investment in the film industry.
read moreThe glamour of the silver screen continues to lure UHNW investment in film
Robert Macro, partner at Penningtons Manches, gives advice to the UHNW clients willing to invest in the film sector.
read moreUHNW should consider taking a portfolio approach and invest in a slate of films
Judith Chan, executive director, Media Banking at Coutts, warns that UHNWs who invest in film must be conscious that they might lose all their investment if the film is a flop
read moreThe Tier 1 investor route sees dramatic decline in applications after tougher UK laws introduced
Nichola Carter, principal solicitor at Carter Thomas Solicitors, says that UHNWs do not generally take well to being grounded in the UK while an asylum application makes its way through the Home Office while applications made under the immigration rules are often approved far more quickly.
read moreCyprus, Malta and the UK benefit from UHNW Syrian immigration
Rahul Batra, partner and head of business immigration group at Hudson McKenzie, London-based immigration lawyers, says many super-rich who fled Syria apply for the accelerated economic citizenship programmes in southern Europe although the UK remains a preferred destination.
read moreNew tax proposed for International UHNWs moving to the EU to fund migration issues created by the Syrian crisis
Qunmber Ehsan, partner at Child & Child, talks about last week’s Global Citizen Forum in Monaco, which saw proposals for a “global citizen tax”, levied on UHNWs moving to the EU, to support humanitarian efforts for the refugee crisis.
read moreIf the conflict in Syria doesn’t resolve soon we will see increasing ‘flight to safety’ from UHNWs
Elspeth Guild, partner at Kingsley Napley, says that if the conflict in Syria is not resolved in the medium to near future, more UHNW clients will have to start making decisions about long-term settlement in other countries.
read moreThe Syrian crisis will affect the issues debated at the 2017 European referendum in the UK and the basic right to free movement
Julia Onslow-Cole, partner and head of global immigration of PwC, talks about the ramifications of the refugee crisis and the impact on European countries.
read moreSuperyachts allow for absolute discretion for business meetings and social events
Luc Khaldoun, head of client advisory at OneOcean Ventures, owned by Salamanca Group, talks about the new technologies that the UHNW clients employ on their yachts to protect their privacy.
read more$1bn Triple Deuce will become the world’s biggest superyacht
Edward Leigh, head of yachting, and Grant Atchison, head of aviation at Equiom (Isle of Man), also discuss the role of the middleman in the internet age.
read moreWithers clients spend between £3m to £43m on jets
David Dannreuther, banking and finance partner at Withers, and Toby Joy, associate in Withers’ luxury assets team, discuss the advantages of chartering vs. purchasing a luxury aircraft.
read moreBedell Trust’s clients spend up to £105m on superyachts
Janette Gabrielsson, director at Bedell Trust, talks about the trends in the yacht-building industry and gives advice on the purchase of a vessel.
read moreSeventy-six charities who are Legacy Monitor Consortium members receive legacy income of £1.24bn in 2014
Jonathan Burchfield, head of charity and social enterprise sector group at Stone King, talks about the report that says legacy income in the year to March of seventy-six charities, members of benchmarking service Legacy Monitor Consortium, is up by 5.4% on the same period last year. Members in
read moreOxbridge Colleges and Eton raise long-term finance to generate additional returns
Charles Mesquita, senior director at Stanhope Consulting, talks about the challenges trustees face when setting a sustainable investment strategy for their charities.
read moreCold-calls, direct mail and texts are a good way to raise money
Anna Josse, director at Regent Capital and philanthropy advisor at Prism the Gift Fund, says all communication tools are essential for fundraising. She also advises on how to choose a charity to donate to
read moreCharities should be banned from selling donor data
Michael Cash, partner, and Sarah Arnold, associate at Penningtons Manches, talk about the dangers of trading donor data to raise money.
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