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April proved to be a challenging month for a number of asset classes as growing evidence of sticky inflation made investors rethink the prevailing “soft landing” narrative, putting a “no landing” scenario at the forefront of their minds.

Nedbank Private Wealth has been recognised as the Best UK Private Bank for the tenth consecutive year at the City of London Wealth Management Awards 2024 (COLWMA). The awards were announced on 11 April at The Guildhall, London.

The first quarter of 2024 proved to be a strong one for risk assets, with several major equity indices reaching record highs as continued excitement around artificial intelligence (AI) and growing hopes for a soft landing (inflation slowing down with a recession being avoided) played a significant role in steering market dynamics.

Transitioning from expat life is a significant undertaking. Whether it’s because of changing circumstances or simply a desire to return to the UK after years abroad, the decision needs careful thought – especially when it comes to the financial implications.

Did you know $5.25 trillion is invested in US equities by non-US residents every year? If you hold shares in Tesla, Apple, Nvidia, or any other US incorporated company, then the US tax man might be entitled to a significant portion of the value of those shares upon your death.

Last week, Nedbank Private Wealth collaborated with Hospice Isle of Man on the first-ever hospice shop takeover.

February was a strong month for risk assets, with several major equity indices reaching record highs where continued excitement around artificial intelligence (AI) played a significant role in steering market dynamics. The “Magnificent 7”, a group of technology and AI-related stocks, posted their best performance in nine months and among them, Nvidia stood out, surging by 28.6% following strong underlying earnings growth.

Did you know that women are set to inherit 70% of global wealth over the next two generations?

When a significant global event occurs, investors often react with a flurry of activity in the market. In recent years, we have witnessed a fair share of such events, which has left us feeling like we are in a period of permanent crisis, or a ‘permacrisis’. As always, we remain calm and vigilant to what is happening with our investments.

January proved to be a month of mixed fortunes for markets, where performance amongst financial assets diverged.

Staff from Nedbank Private Wealth are gearing up for an exciting initiative that promises to make a positive impact on the Isle of Man community. On the 5, 6 and 7 March 2024, a total of twelve staff members from Nedbank Private Wealth will take over the running of the Hospice Isle of Man shop located on Duke Street – a first for both the Hospice and Nedbank Private Wealth.

Wealth Adviser Sid Ludbe joins Nedbank Private Wealth.

The fourth quarter of 2023 was virtually the mirror opposite of the prior quarter, starting poorly but a very good period for markets overall. This was primarily due to a big move lower in government bond yields during November and December, which came after the US 10-year government bond yield peaked at just over 5% in October, a level not seen since the 2008 Financial Crisis.

The first Monday of the New Year is sometimes referred to as ‘Divorce Monday’. This is due to it being one of the busiest times of the year for divorce lawyers. Following the stresses that the holiday season can sometimes bring, January can bring the desire for a fresh start for married couples and lead to the decision to legally separate.

Richard Sayers has joined our Jersey office as a Head of Client Development. He brings over 30 years of experience in the offshore wealth management and private client sectors and will be primarily focusing on further developing relationships with professional intermediaries.

Throughout last year we shared informative videos and articles to help you better understand the trends that may shape or affect your wealth planning and investment decisions.

Keep yourself protected from festive fraud. Stay safe and informed with our list of common scams to look out for.

The world has faced many crises lately, from Brexit and the pandemic to Ukraine and the Middle East. These events have created a sense of ‘Permacrisis’, a word that means a long-lasting state of instability and insecurity. It was even dedicated as the dictionary’s word of the year in 2022.