Luke Hyde-Smith of Waverton writes that  absolute return funds seek to provide a positive nominal return for investors regardless of the underlying market conditions.

Despite market conditions, cryptocurrency products continue to dominate launches with ProShares launching a US Short Bitcoin-Linked ETF this week, and Osprey launching a US publicly traded Solana Fund.

Ambitious wealth management company, AssetCo, headed by industry veteran Martin Gilbert, is to buy SVM Asset Management Limited for GBP10.7 million.

Julius Baer has released the third edition of the Global Wealth and Lifestyle Report, which takes a basket of consumer goods and services that reflect the spending patterns of high-net-worth individuals and analyses their prices in 24 key cities around the world.

Almost a third of people, surveyed between April 2018 and March 2020, did not expect to have any pension provision beyond the state pension when they retire, according to a report from the ONS.

The summer lull continues in ETF launches with just three to report.

Capgemini’s World Wealth Report (WWR), published today, reveals the global High Net Worth Individual (HNWI) population grew 7.8 per cent and their wealth grew 8 per cent in 2021 owing to recovering economies being boosted by the stock market.

The Wealth Adviser awards were last held in 2019 and, due to the pandemic, have only just returned this year, with their 12th iteration.

Bordier UK | Best Private Client Investment Manager | Best Wealth Manager – Balanced Portfolio
Q&A with Jamie MacLeod, CEO of Bordier UK

Octopus Investments | Best Investment Product Provider | Best Wealth Manager – Alternative Investments

Founded in 2000, Octopus Group has seen rapid growth in recent years and now has assets of GBP12.5 billion.