A busy week saw the disclosure of the full Fed meeting minutes, China lowering its 5-year LPR, New highs set by Japanese stocks and a scorching AI-led tech rally with NIVIDIA leading the way. All of the above and more are covered in the latest market update from the Skybound Investment Committee.
International investors face unique challenges when it comes to managing their finances. In our new ‘Adviser Corner’ feature, Skybound Wealth’s most experienced financial planners draw on their many years’ experience to provide practical advice, top tips, and actionable strategies to enable you to truly benefit from your expat status. Kicking us off is Private Wealth Manager and Senior Financial Adviser Paul Butler, a Dubai resident of 10+ years who discusses how your finances can benefit from a money workout in the same way as going to the gym can improve your physical health.
Following on from last years Best Portfolio Management – Middle East award and the other seven awards at last month’s International Adviser Best Practice Awards, Skybound Wealth were delighted to be named Leading Wealth Tech Adopter of the Middle East 2024 at the recent Middle East WealthTech Forum Awards 🏆 The panel of judges at the wealth tech awards commented on how this outstanding achievement is 'a testament to Skybound Wealth's innovative spirit, forward-thinking approach, and dedication to embracing cutting-edge technology in the wealth management industry.' Husain Rangwalla, Chief Operating Officer at Skybound Wealth said of the award: “In the dynamic landscape of the financial advice industry, digital innovation stands as a pivotal differentiator. We have positioned ourselves as an undeniable leader, gaining acclaim for its revolutionary digital advancements under our proprietary wealth tech brand, Plume."
Strong inflation data was released last week which forced bond yields to rise higher - meaning bonds fell in value, as enthusiasm of rate cuts became tempered. Skybound Wealth’s Investment team take a look at this, plus what should we expect on the inflation and interest rate front in this week’s Market Review. If you would like to receive these updates straight to your inbox each week, be sure to subscribe to our newsletter>>
As we approach the Spring Statement and anticipate a year of potential political change, it’s important to keep on top of UK pension legislation even as an expat.
Following on from our success in 2021 and 2022, we are delighted to have won SEVEN awards across three jurisdictions at the latest International Adviser Best Practice Awards!
Skybound Wealth appoints Mike Coady as Chief Commercial Officer With over a quarter-century of experience in the UK and international markets, Mike Coady Award Winning Money Expert is a recognized authority in financial planning, and with his addition to the Executive Committee, the company is set to further elevate its market presence.
