Managers of Wealth Offshore

Soaking the rich won't work

Governments that are raising tax rates on the wealthy to plug budget holes are doomed to disappointment.

Grey Swans and Active Management - by Moz Afzal, CIO & Daniel Murray, Chief Economist, EFG Asset Management

One year: too long in a world of ‘risk-on’ and ‘risk-off’

Pulling back from the cliff - Coutts Comment

We expect the positive tone in equity markets to continue. Recent economic data out of the US and China has been strong, and markets will take heart from the positive news flow, at least until the politicians are called upon for more decision making.

"Acquiesce" and “Hung in a Bad Place” by the US politicians - Tom Becket, CIO Psigma Investment Management

Fittingly, given the confidence-crippling chaos and subsequent submission in US Congress the first song to be shuffled on to my iPod on my New Year’s Day run was the magnificent “Acquiesce” by Oasis.

Congress hands America a Wile E Coyote moment…

The Fiscal Cliff has been averted but not without America experiencing a Wile E Coyote moment

2013: A year in the global economy by Keith Wade and Azad Zangana, Schroders

Schroders’ Chief Economist Keith Wade and European Economist, Azad Zangana, discuss why the global economy hit another soft patch in 2012 and share their views on other economic factors that had an impact over the last 12 months.

'Women will save US economy', predicts billionaire investor Warren Buffett

According to the Telegraph, Buffett's remarks came during an interview with fellow philanthropist Melinda Gates, with BBC Radio 4.

UK should step up defence of financial services

The Government must do more to defend the contribution the financial services sector makes to the wider economy because it is not just about “a few people drinking Bollinger”, according to the City of London Corporation.

The City, the EU and a very inconvenient truth

Enoch Powell once said that the best way to keep a secret was to announce it on the floor of the House of Commons, so little notice was taken of anything that went on there.

The Biggest Billionaire Scandals Of 2012, According To Forbes

“Let me tell you about the very rich,” wrote F. Scott Fitzgerald in his short story The Rich Boy in 1926. “They are different from you and me. They possess and enjoy early, and it does something to them…”

Coutts Wealth Watch - Gold exposure trimmed for first time since global crisis

We are reducing our exposure to gold for the first time since June 2009 because we believe that several key risks to the global economy that underpinned the precious metal are being addressed. But we remain positive on gold and believe it has a place in p

Nobel Laureate Has Most Awkward Dinner Ever With Financial Advisers He Just Destroyed

Nobel laureate Daniel Kahneman claims in his book Thinking, Fast And Slow that the stock picking industry is built largely on an "illusion of skill."

Investing in the recovery in US residential property - Coutts

We are looking for opportunities to participate directly in US residential property for both rental income and capital appreciation.

Private banking for rich 'faces golden era'

Wealth managers face a massive learning curve but great potential

A Happy Financial Christmas? by Justin Urquhart Stewart

So in the world of investment and banking, what do I want for Christmas and the New Year?

Goons versus Gold by Tim Price

My intent is not to show why these economists will fail (bigger and brighter minds such as Hayek, Mises, Friedman, etc. have already done this) – but rather to review the impact that the misguided manipulation of the price of money (exchange and int

Top UBS shareholder pins rebound hopes on private wealth

"We have seen some awful scandals in businesses much weaker than UBS and they manage to survive."

Are taxes driving millionaires overseas? by Karen Clark, Baker Tilly

We hear all the time that rising income tax rates are driving high earners overseas. But is it really higher taxes that are getting them racing to the nearest airport?

The Beverley Hillbillies and the Fiscal Cliff by Terry Smith

As the US Fiscal Cliff melodrama heads towards its climax I thought I would offer an observation based upon the 60s US TV sitcom series-the Beverley Hillbillies.

2013 - A Year in Global Emerging Markets - Schroders

"Despite the fact that there has been little progress in resolving the underlying structural issues in the developed economies, 2012 has been a decent year for risk assets.

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