- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Gold Returns To Glory And The Gateway To $2000

But then given the almost resistance-less span of twice that distance, Gold added those additional 100 points to its pile in just the past 13 trading days.

Appleby Offshore Business Update

The purpose of this report is to help our clients better understand what “business as usual” in our jurisdictions* actually means.

Charity Commission publish latest research on public trust in charities

The four key expectations that the public of has of charities are identified in the report.

One in five advisers feel financial pain post-Covid

Many others cited significant changes to their routine, with one adviser claiming they had to work “late into the night” due to difficulty concentrating for long periods during the day while at home.

94% of UK adviser firms in profit but overall revenue drops

For retail investment business, commission still accounts for 16% of revenue while fees/charges accounted for 82%.

Comment: EU's landmark €750bn coronavirus recovery package to boost ESG

The EU's landmark €750bn coronavirus recovery package is set significantly boost ESG in the region, according to David Zahn, head of European Fixed Income at Franklin Templeton.

Comment: EU's landmark €750bn coronavirus recovery package to boost ESG

The other major step forward in this legislation is the commitment that 30% of the Coronavirus Recovery Fund and the €1 trillion seven-year budget are earmarked for fighting climate change.

How quickly will the world recover from the coronavirus pandemic? by Rathbones

The healing process

From lockdown to recovery - the economic effects of COVID-19 by Professor Jonathan Haske

Prices couldn’t readily adjust and firms couldn’t switch to other industries because the economy was locked down.

Adviser profits dwindle despite FCA pledges

Firms with two to five advisers made a retainable profit of £54,000 in 2019, down from £74,000 the year before, while the average profit kept by firms with six to 50 advisers has plummeted from nearly £200,000 in 2018 to just over &p

Cyprus should become a regional services centre – Baker Tilly

Klitou points out that the number of companies registered in Cyprus that are actually paying the annual levy is only at about 50 per cent.

Can investors trust the media?

On average, around 46% of forecasts were accurate.

Sandaire Real Estate: ‘Beds and Sheds’

We are increasingly being asked by Investors whether we are seeing a flood of distressed properties on the market.

How many consultations does it take to reform the UK tax system?

Last week we reported that Chancellor of the Exchequer Rishi Sunak has asked the Office of Tax Simplification (OTS) to conduct a far-reaching review of capital gains tax. Since then, other calls for change have been landing thick and fast.

Nearly half of employees admit to making mistakes that have had cybersecurity repercussions

Cybersecurity training needs to reflect the fact that different demographics use technology and respond to threats in different ways and that a one-size-fits-all approach to training won’t work.

Strange new world: What next for banks? by Simon Wilson, Icon Solutions

The global transaction business is likely to come under added pressure as trade corridors become much more local and additional disruption from US-China relations starts to bite.

Russia blazed a trail for Chinese oligarchs to nab London property

Most of the capital’s prime property is now bought by wealthy Chinese

How London became Russians’ laundromat, no questions asked

The report by parliament’s intelligence and security committee (ISC) in effect charts what journalists, transparency campaigners and film-makers have been reporting for years

Business travel returns into Guernsey with ‘business tunnels’

There are a number of requirements that travellers must meet before making a business day trip to Guernsey.

Upswing with swing by Julius Baer

All in all, this should be sufficient to avoid further lockdowns that could jeopardise the ongoing recovery.

Comment, Analysis & Research