Sales in the global art market reached $63.7 billion in 2017, up 12% from 2016, according to a new report by UBS and Art Basel, an art …
Tier 1 investor visa scheme suspended in a bid to crack down on financial crime
Ministers have suspended the UK’s Tier 1 investor visa until an audit process and new rules have been established following concerns that the scheme induced money …
HSBC launches online advice platform in the UK
HSBC has launched an online advice service specifically delivering tailor-made recommendations based on a user’s own financial circumstances. The new online platform is called ‘HSBC …
China wealth managers allowed to buy shares for first time
The China Banking and Insurance Regulatory Commission (CBIRC) has allowed China wealth management subsidiaries of domestic commercial banks to invest directly in Chinese shares for …
CFM Indosuez Wealth appoints Mathieu Ferragut as CEO
Mathieu Ferragut has been appointed as chief executive officer of CFM Indosuez Wealth, a subsidiary of Indosuez Wealth Management Group based in Monaco. Ferragut joins from Indosuez …
Challenging prenups: 7 common objections to prenuptial agreements
Toby Yerburgh, partner and head of family law at Collyer Bristow asks if you can challenge prenups and, if so, on what basis? You are lying …
Asian HNWIs are being educated abroad in ever greater numbers
Wealthy Asian families are sending their children abroad to be educated in greater numbers than ever. Oliver Williams asks what are their motives? And what …
Client satisfaction levels are on the decline in Asia-Pacific
Even though both high net worth individuals and wealth is rapidly on the rise in Asia-Pacific, a Capgemini report shows that client satisfaction levels among …
Succession bought into 21st century with leadership and constitutions
Ultra high net worth families are moving away from traditional succession practices and instead focusing on leadership, family constitutions and governance, according to a new …
DBS plans five year wealth expansion in the Middle East
DBS is planning a five-year expansion in the Middle East after signs that a growing number of wealthy individuals from the region are looking to …