blogger linkedin twitter
Switzerland’s private wealth advisers are increasingly looking to work for families based within the country’s borders, as they struggle with the strength of the Swiss franc.
Singaporean private clients warm to succession planning but demand customised legal advice to blend business with their personal lives, says Joanna Yap, partner at Withers KhattarWong.
Last summer, Greater China hedge funds had bounced back from their worst performance in five years beating the majority of global hedge funds. Citywealth investigates.
Earlier this year, Gibraltar’s parliament approved a bill to introduce private foundations, after advisers locally lobbied the government to add the legislation to the jurisdiction. Foundations are increasingly seen as a popular alternative for HNWs from civil law backgrounds.
Monaco unveiled a revision of its succession laws which until this year had been the subject of dissent. The reason was that Monaco, is a civil law country, and, under civil law, descendants had certain rights that international families often didn’t want to follow. What does it mean to UHNWs?
Despite political challenges, and the ever-increasing burden of regulation, the news from Jersey and Guernsey shows strong growth as they maintain their positions as leading centres of international private wealth.
Frederick Bjørn tells Citywealth about the peculiarities of the Scandinavian private client market, opportunities arising from the UK non-dom changes, and what he enjoys and worries about being a judge at the upcoming Citywealth Future Leaders Awards.
Globalisation has taken a knock with the Brexit referendum but is internationalism an unstoppable force with the advent of the internet and ease of travel? The trust industry similarly has seen unprecedented buyouts to offer “one brand” to global clients but is that an easy concept to manage or will
Despite Gibraltar's opposition to Brexit in last year's EU referendum, the jurisdiction is now jostling to be a gateway to the UK for businesses and high net worth individuals working in the EU.
With the Russian currency struggling, high real-estate acquisition costs in the UK, uncertainty around taxation of non-doms and Brexit worries, there has been a slowdown in immigration and related tax advice from Russia.
Guernsey fiduciary market is getting from strength to strength, with Equiom's acquisition of Virtus Trust Group, and Estera that has taken over Morgan Sharpe and Heritage Financial Services.
Gaining wealthy Chinese UHNW clients has been a long-term target market for the private wealth industry globally, so we wondered what that meant for Western financial services. Will China leap frog Western players or is there lucrative investment work to be had?
Middle East, India, China and Brazil are growing sources of business as HNWi’s from those markets seek to invest in the UK with Isle of Man advisers.
Advisers to high net worth individuals in Hong Kong have found themselves in the eye of an international storm and it is political uncertainty in the United Kingdom and the United States that is keeping everybody busy.
When President Putin signed the de-offshorisation law in November 2014, forcing Russian citizens and companies to pay tax in Russia on earnings made by foreign-registered entities, all that changed.
When Malta introduced its citizenship by investment programme back in 2014, it could not have imagined the transformative effect it would have on the islands’ wealth management industry.
New rules create two new categories: entities that focus on asset administration only, without processing financial transactions, and the second group can transmit financial orders as well as provide financial advice to clients, and will need to be authorised by the regulator.
The wealthy population of Luxembourg is rising, as government efforts to attract ultra-wealthy new residents spells good news for the country’s wealth management industry.
Less than a month into the presidency of Donald Trump, and already advisers to high net worth individuals in the US are preparing for change. While cautious about expecting the 45th President to deliver on all his campaign pledges, most expect wholesale tax reforms to be around the corner.
As the Year of the Rooster arrives for China, I ask leading experts from the region for their thoughts on Chinese investor sentiment in the Chinese New Year.