THE ISLE OF MAN INDABA BLOG
South Africa 2023
ISLE OF MAN INDABA BLOG
Fixed income investing explained
By Canaccord Genuity Wealth Management. Do you get confused when it comes to the different types of investments that make up your investment portfolio? Are you wondering about the benefits and drawbacks of the potentially ‘safer’ and ‘steadier’ style of fixed interest...
Which Offshore Jurisdiction is For You?
Why is jurisdiction such an important consideration when selecting an offshore investment platform? I had a very interesting meeting and discussion recently with an IFA and their High Net Worth client. They were looking to invest monies internationally, considering...
Sustainable Alpha – What Does it Mean?
For nearly three decades, Capital International has sought to make money work better and to generate strong investment returns for our clients that are sustainable over time. These objectives are manifest in our investment philosophy and process that we call...
How to Invest Offshore: South Africa
I have been working at Capital International Group for over a year now and admittedly, it’s been a fairly sharp learning curve. After initially being dropped in at the deep-end, I now know the offshore market in South Africa inside-out, so when I recently caught up...
Wealth rarely survives three generations – but it is possible!
By Boston Multi Family Office More than 90% of wealthy families will fail to transition their wealth past the third generation. This fundamental truth seems to transcend both time and cultural boundaries. The Chinese proverb “rags to rags in three generations” says...
Top Five Considerations When Buying UK Property
By Nedbank Private Wealth If you are an international investor and have decided to buy property in the UK, there are five things we think you should consider: 1. Mortgage options For South African residents, consider choosing a lender based in an offshore...
Will Rising Interest Rates Slow Growth in the UK Property Market
By Chiraag Patel, Senior Credit Specialist atNedbank Private Wealth Soaring energy prices and crippling inflation are fuelling fears of a recession. As the Bank of England responds by raising interest rates, what impact will this have on the UK’s residential property...
The benefits of a multi-asset approach to income investing
Phil Penrose, Head of Isle Man for Brooks Macdonald looks at how this potentially opens income opportunities. While headlines around challenging market conditions may be alarming for those seeking income, it is important to bear in mind that this is only one of a...
Internationalising Your Business: The Isle of Man Offering
Offering expanding business owners a gateway to global markets and home to a diverse set of multinational companies and industries, Nick Preskey, Inward Investment Manager at Locate Isle of Man, explains why the Isle of Man is proving to be the jurisdiction of choice...
The Importance of Remaining Invested
The importance of remaining invested Several major global events – including most recently the coronavirus pandemic and the Russia/Ukraine situation – have prompted some investors in South Africa and across the world to flee financial markets, but history shows this...
Retirement Planning Solutions
In Finance Isle of Man’s edition of Talking Global Finance, they explore the world of retirement provision and pensions including the South African market, in particular the challenges and considerations facing individuals with an international investment focus....
Understanding the value of a family office to a high-net-worth family.
Where there is a high net worth family spread over many generations and each family member has their own businesses as well as numerous staff to look after both their personal and business affairs, it is not surprising that many families are turning to family offices...
Boston Multi Family Office – What is a Family Office
What is a Family Office? ‘Family office’ is a term that is now used extensively by a number of financial organisations including major banks, hedge funds, asset managers and others. In essence the term refers to the provision of financial services to wealthy families....
Responding to uncertain times: Multi-office trends in 2021
Few single family offices and multi-family office providers were ready for the stress test of the past 18 months. The sudden changed situations in which families found themselves caused cracks, and even breakdowns, in the manner in which families and their wealth...
Functions of a MFO
What should one expect from a multi-family office? We see it often. A service provider advertising and publicising itself as a multi-family office. The website looks great, the content is interesting and it explains very well why that service provider should be the...
Introduction to multi-family offices
When is one wealthy enough to join a multi-family office? We are regularly asked by wealth creators about the appropriate time to set up their own family offices. The answer is not as simple as the question. There are numerous factors to be considered and having a net...
Is a family office suitable for you?
Compelling reasons to join a multi-family office Family offices have become increasingly popular. With the added distress of the Covid 19 pandemic, families are being compelled to either join multi-family offices or to set up their own single family offices. In this...
The Role of a Private Trust Company
By Boston Multi Family Office In general terms, a Private Trust Company (“PTC”) is a special purpose vehicle established to act as trustee of a family trust or several related trusts. The board of directors of the PTC controls it and as such can direct the fiduciary...
Wealth Succession Planning
How family succession planning could help protect your family’s future Canaccord Genuity independent wealth planners believe that wealth succession planning should be a key discussion point and incorporated into your financial plans as early as possible. However,...
Succession Planning – It’s never too late to start
We often hear the words “succession planning”. It is all too clear that circumstances can change quickly in ways that are beyond our control. Although planning should be done as early as possible, it is never too late to start, so it is important that you give...
Which Offshore Jurisdiction is For You?
Why is jurisdiction such an important consideration when selecting an offshore investment platform? I had a very interesting meeting and discussion recently with an IFA and their High Net Worth client. They were looking to invest monies internationally, considering...
International Pension Plans: A Flexible Alternative For South African Residents
While South African residents have a choice of domestic retirement savings vehicles, including pension funds, provident funds and retirement annuity funds, these are subject to a maximum annual tax-deductible contribution limit across all such arrangements of 27.5 per...
The importance of wealth planning for the globally mobile
The importance of wealth planning for the globally mobile By Yash Naidoo, International Business Development Manager, Nedbank Private Wealth It was Benjamin Franklin who allegedly said, “If you fail to plan, you are planning to fail”, and this is perhaps a good...
The Balancing Act
What to expect from the family trust. “Trusts has no value to Millennials and Gen X. For them it has become an obstacle to their wealth and they don’t understand why they can’t have it now.” That was a statement by a client that prompted me to consider the...