Private banks are reworking business models in response to new regulations such as RDR, but there are other costs, for example spiralling salaries, which need to be addressed
United Kingdom
Westward trickle of Indian wealth could become flood
Asia’s rising wealth is making its way into Western markets, and this flow could well increase if the Indian tax authorities continue to target the country’s affluent population
Lloyds TSB concentrates on bigger picture
Ashish Misra at Lloyds TSB is selectively bullish when it comes to the global economy and equity allocations, but is keeping a close eye on political situations in the Middle East and North Asia
Sky-high prices for prime property widen horizons
Demand for prime property has driven up prices in gateway cities. Investors have responded by looking at secondary properties in these markets, while also considering less glamorous locations
Guernsey extols the benefits of island life
Although it boasts a thriving private equity industry, Guernsey must lessen its dependence on UK-sourced business and diversify into other areas if it is to prosper
UK economy faces stormy outlook
CCLA Investment Management’s CIO, James Bevan, explains why the UK needs major economic growth to tackle its debt mountain
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