Single family offices in the US and Europe were largely well prepared to ride out the financial crisis of 2008 and the subsequent difficult market environment, making very few strategic changes to their asset allocation.
Single family offices in the US and Europe were largely well prepared to ride out the financial crisis of 2008 and the subsequent difficult market environment, making very few strategic changes to their asset allocation.
The amount of wealth held by high net worth individuals in India has increased faster than that held by rich people globally. That is according to the India Wealth Report, released by Indian wealth management firm Karvy Private Wealth.
Banks in Switzerland could lose as much as CHF50 billion (€40.7 billion) in assets under management as a result of a tax crackdown by the UK and Germany, says a new study.
Banks in Switzerland could lose as much as CHF50 billion (€40.7 billion) in assets under management as a result of a tax crackdown by the UK and Germany, says a new study. According to management consulting firm Booz & Co, wealth managers in Switzerland will also lose CHF1.1 billion in revenues, as clients with the two European countries withdraw their money before the tax treaties come into effect in 2013.
Wall Street protests have triggered copy-cat street protests in financial capitals globally. We live in an increasingly volatile world where a single spark could trigger financial and banking turmoil and enrage street protestors.
Wall Street protests have triggered copy-cat street protests in financial capitals globally. Governments are scrambling to contain the upheaval and stay ahead of markets, with tax increases and more regulation, together with attacks on offshore bank accounts and tax increases on European property assets on the rise.
Ultra-high net worth families and family offices in the UK need to move quickly and clear up their tax arrears to benefit from the Liechtenstein Disclosure Facility, according to an expert in international taxation.
Ultra-high net worth families and family offices in the UK need to move quickly and clear up their tax arrears to benefit from the Liechtenstein Disclosure Facility, according to an expert in international taxation.
Risk management is of top priority for family offices in Europe, as they look to make the best of the uncertain global market environment, finds a new report by Campden Research.
Risk management is of top priority for family offices in Europe, as they look to make the best of the uncertain global market environment, finds a new report by Campden Research.
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