By Algernon Percy | 09 Jan, 2025 The outlook for interest rates Bond yields have risen markedly. Given that the economic and political prospects in the UK and the US have diverged so markedly in the last three months, it is perhaps surprising that 10-year gilt and US treasury yields…
By Tahir Mahmood and Jonathan Gold | 18 Nov, 2024 A great deal has been written since Rachel Reeves delivered her maiden budget on 30th October. Much of it has focussed on her fiscal policies for raising taxes. Most notably for the UK-based investor community, some of the announcements focused…
As an American living in the UK, you are subject to two tax systems with differing deadlines and tax periods. To avoid a mismatch in tax credits most people should look at making early UK tax payments. Why is a pre-payment required? US taxpayers may need to claim Foreign Tax…
The extent of the victory by former President Trump was not expected but financial markets have been discounting a Trump victory since the end of September. Some of the rise in US 10-year bond yields last month (from 3.79% to 4.28%) were a reflection of that trend. Trump’s policies, including…
By London & Capital | 07 Nov, 2024 London & Capital, a leader in cross-border and international wealth management services, announces the relocation of Todd Cowan, Executive Director and Wealth Manager, from the firm’s London office to its European headquarters in Barcelona, Spain. With this strategic move, London & Capital…
By Investment Desk | 30 Oct, 2024 After a robust first half of the year, risk markets experienced heightened volatility in the third quarter. In part, this could have been due to the lingering disconnect between risk markets and economic growth trends in the West: markets are pricing in a…
In the budget on 30 October 2024, the government will announce further details on the abolition of the non-domiciled regime. The current non-domiciled regime requires certain taxpayers to segregate their offshore capital to ringfence clean capital from other non-UK taxed capital. “Clean capital” is any capital that can be used…
By Robert Fernando CFA | 09 Sep, 2024 The usually quieter summer months for financial markets stirred to life with concerns over central bank policy, a slowing US economy and corporate earnings guidance.The fall in equity markets during mid-July spilled into early August and by the 5th, the S&P 500…
By Shadrack Kwasa | 15 Oct, 2024 For profesionnal investors INTRODUCTION Inflation has weighed heavily on investment markets for a prolonged period. Central Banks have waged a war against inflation and victory appears imminent as we have seen the most recent inflation readings signalling inflation is coming under control. This…
By Ed Johnson | 16 Oct, 2024 INTRODUCTION Labour has proposed that changes to the taxation of non-UK domiciled individuals will likely take effect from 6 April 2025. While we await further details on the Budget to be delivered on 30 October 2024, affected clients are understandably anxious. Abolishing non-dom…
Sudden wealth is an exciting prospect for anyone. Maybe you’ve received a large inheritance, sold your business after a lifetime of hard work or cashed in on a family property. Whatever the source, there’s a temptation to start making big plans when a financial windfall comes your way. The future…
By London & Capital | 20 Sep, 2024 We are delighted to announce the appointment of Nicole Ralph as an Executive Director to our Private Wealth team. Nicole brings over 20 years of experience working with HNW US expats and their families. As a dual US/UK citizen, she has dedicated…
By Tahir Mahmood and Marco Malagoni | 05 Aug, 2024 The next budget will be held on 30 October 2024 and we are now preparing for anticipated changes. Today, Tahir Mahmood and Marco Malagoni discuss the potential tax changes. Labour has proposed a comprehensive overhaul of the tax system, with…
Tax planning sits at the heart of every successful wealth management strategy. Talking tax can be difficult. It doesn’t have the glamour of planning an investment portfolio or discussing a lucrative business exit, but tax planning is pivotal to your financial future. Everyone can benefit from understanding the fundamentals. Tax…
In the fast-paced world of wealth management, technological advancements have sparked a revolution, fundamentally altering the way clients interact with their advisors. As digital efficiencies continue to shape the industry, clients are redefining their expectations, seeking a blend of convenience, expertise, and personalized guidance. The advent of digital communication tools,…
Concerns about family wealth during times of market turbulence are completely understandable. The disruptive economic conditions of the past few years, which have brought inflation and rocketing interest rates in some markets, can be unnerving for those used to calmer times. Families work hard to build their wealth and the…
The Chancellor of the Exchequer’s announcement that the United Kingdom’s non-dom regime will come to an end should have taken nobody by surprise. The decision by Jeremy Hunt to phase out the controversial tax system puts a full stop at the end of an argument that has flared up periodically…
The start of a new year is always a great time for a fresh outlook on your finances. Strong wealth management requires regular reassessments of your financial priorities and this time of year is the perfect period to take stock. Putting thought into how your financial position has changed and…
Cashflow modelling is an integral part of the wealth management process. Anyone whose wealth grows beyond a certain size will soon realise that this blessing comes with the need to handle an increased level of financial complexity. More money tends to mean more complications and losing track of your finances…
The role of a good asset manager is to protect and grow a client’s money. An obvious statement maybe, but one worth making – particularly when it comes to discussing equities. Stocks are often the most glamourous, headline-grabbing part of the investment universe. They loom large in the public imagination…
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 crisis, the possibility of…
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 convexity for insurers). In this next instalment we introduce another Greek hero, Theseus,…
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 visit restaurants.…
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 people, this charitable instinct will…
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 wealthier. You have built something valuable…
