News & Insights
Rich pickings: Will we see a wealth tax in the UK?
The prospect of a wealth tax in the United Kingdom has been discussed for some time now. Tough economic times inevitably spark debates around inequality and whether the wealthy should contribute more to the public purse. So in a country suffering with a cost of living...
THESEUS, THE LABYRINTH AND THE MINOTAUR
Insurance strategic asset allocation, a tool to navigate the investment labyrinth Investment markets are a labyrinth We have explored some interesting themes in our journey through Greek mythology (multi-faceted risk, active vs passive for insurance, duration vs...
What is financial abuse and how can it affect the wealthy?
Financial Abuse in a HNW context Wealth can protect you from a lot of things. It can give you a good home and access to quality medical care. It can provide peace of mind that your family will have a secure financial future. But the chances of someone being subjected...
Are Central Banks finally approaching the end of the rate-hiking cycle?
Central Bank rhetoric remains hawkish, with policymakers determined not to repeat last year’s mistake of underestimating inflation. From their perspective, the ideal would be a mix of slower, but positive economic growth, avoiding the pitfalls of a deep recession,...
Wealthy but watchful: Do HNWIs need to tighten their belts?
One of the most noticeable aspects of the cost of living crisis is how widespread it has become. Nobody seems to be immune, not even the wealthy. Even if you have accumulated a comfortable amount of wealth, you still need to buy groceries, take flights, pay bills and...
Is inflation finally trending lower, or is it likely to be sticky?
The US leads the downward trend, with headline inflation falling back to 4% Year on Year (from over 8% in Q4 2022) and set to drop further over the next few months. Core inflation had proved stickier, but even here there is encouraging news. Most economies are moving...
Is a recession likely, or are we merely facing a period of slower economic growth?
Global economic projections have been rising across the board in the past quarter. However, expectations at the start of the year were probably too bearish, meaning some of the re-rating is a natural adjustment. Nonetheless, the underlying growth momentum has...
ANDPAPERS Q3 2023 | ARE WE CLOSER TO AN INFLECTION POINT?
In the last 12 months, financial conditions have tightened to an unprecedented degree, including a rise in the Fed Funds rate from 1% to 5%. But the lack of damage to the financial system is surprising with the total sum of financial failures limited to just one large...
THE DEBRIEF | Q3 2023
We invite you to sit down with our Chief Investment Officer, Pau Morilla Giner, and Head of the Private Investment Office, Iain Tait, as they debrief on the last quarter and look ahead to potential market trends for Q3 2023. They examine the geo-political shifts,...
HEPHEASTUS FORGED A MAGNIFICNET ARMOUR FOR ACHILLES INSURERS NEED DURATION AND CONVEXITY
Strengthening your armour In previous instalments of our Greek mythology series, we explored the similarities between investment risk and the Lernaean multi-headed Hydra (see link). We also looked at the ancient Greek poem The Shepherd and The Sea and what that...
Bridging the Wealth Gap: What are the best strategies for responsible wealth distribution?
One of the satisfying aspects of acquiring wealth is that it presents the opportunity to give something back to society. Wealthy individuals will often reach a point in their lives when they would like to use their money to fund deserving causes. For many wealthy...
Selling a business: The right advice can help entrepreneurs conjure up their magic number
The most important number in an entrepreneur’s head is usually the offer they require to sell up and retire comfortably. Watching your company flourish and grow can be an exhilarating experience and part of that thrill is knowing that your efforts are making you...