This is a list of the topics the editors of this news service are tracking over the coming 12 months. It is revised regularly.
Below is our updated forward features list for the WealthBriefing and WealthBriefingAsia news services which runs until the middle of 2020. (There is a separate one for the Family Wealth Report publication which covers North America.)
We hope this provides a useful guide to the range of subjects we plan to explore; the list is not, however, exhaustive and anyone who wants to suggest new topics should get in touch with the editor, Tom Burroughes firstname.lastname@example.org and deputy editor Jackie Bennion, at email@example.com
Family offices and how this sector is evolving around the world – matters such as outsourcing, finding external expertise; managing family disputes; handling complex asset allocation mixes; bill and cash management, dealing with liquidity events, building in-house technology solutions, collaborating with other family offices, etc.
How the family office sector is evolving globally
Philanthropy and giving. The editorial team is looking at a variety of issues, such as trends in giving, structures of foundations and funds, reporting, the role of banks as advisors, different types of ideas around what causes to support.
The philanthropy series will continue; there will also be some coverage where possible of the concierge sector.
Private client legal issues in wealth management – trends such as managing intergenerational wealth transfer, divorce and family breakups, guardianships and duty of care (including powers of attorney); reputation management and protecting privacy; advice to high net worth immigrants regarding “citizenship-by-investment” programmes.
This month would see the firm draw from the annual tech & ops report, looking at issues such as developments around managing the client experience, onboarding, efficiencies, how to buy technology intelligently, etc.
Perhaps we could look at the whole field of family offices, using material from Highworth, our partner in providing data on the sector. We could interview multi-family offices, investigate growth in different parts of the world, examine outsourcing, professionalization, direct investing, and governance, etc.
A month looking at international financial centres, privacy, beneficial ownership developments. The Swiss are due to roll out regulatory changes in 2020; developments around beneficial ownership in UK-linked jurisdictions are likely. There are also bound to be some developments linked to Brexit - not just in the EU -, which might need thematic coverage.
A look at impact investing, sustainability, other ideas on how to invest money for different reasons.
Talent management stories – talking to recruiters, MBA programme directors, HR bosses at banks, and others, about the changing requirements on future wealth managers, what is being done to develop new talent, deal with potential bottlenecks, etc.
Art and collectibles: a look at the area of collecting and investing in fine art and other specialised areas, both from the point of what clients want, and also to understand how wealth managers use these areas to engage with clients and retain their business. We aim to discusss these issues with practitioners in a number of financial centres.
The concierge sector. In the holiday season, this is an auspicious time to ask the organisations which work with HNW individuals how hey crafting solutions around luxury properties, excursions and holidays, experiences, as well as issues such as fixing healthcare and health problems, arranging travel (air, yachts, other) and handling logistics and physical security.
An examination of developments around know-your-client checks which wealth managers perform to screen clients; an examination of what is happening to enforce anti-money laundering controls, management of politically exposed persons (PEPs) and other important compliance challenges. The features will also examine the technologies used to aid managers and reduce the pain of compliance.
We examine cybersecurity as an important challenge and risk management task for wealth managers around the world. This will examine new trends in protecting clients, better understanding of threats and best practice around educating clients, employees and business owners.