As Brexit's uncertainty cascades to all aspects of the global economy, high net worth individuals (HNWIs) share with the nation a great deal of uncertainty, albeit of a slightly different variety.
Societe Generale Private Banking, partner of the “Campden European Families in Business Awards” organised by Campden Wealth*, is pleased to announce the winners of this year's Awards, which were revealed at a ceremony in Berlin on 21st June.
Despite the commonly-held belief that tax considerations primarily drive offshore investment, only 23.2% of global high net worth (HNW) wealth is invested offshore for tax reasons, while 24.1% derives from HNW individuals seeking access to a greater range of investment options, according to financial services research and insight firm Verdict Financial.
According to Andrew Haslip, Verdict Financial's Head of Content in Asia-Pacific for Private Wealth Management, as long as HNW clients remain focused on the search for yield and superior investments, they will be attracted to the more freewheeling offshore sector. Offshore financial centres that can offer the sophisticated investments prohibited in more tightly regulated onshore retail investment markets will continue to see strong inflows.
Natixis Global Asset Management (Natixis Global AM) has today published the first annual
edition of its Global Portfolio Barometer, offering insights into model portfolios across the world
and the asset allocation decisions made throughout 2015.