The 4th of July saw us host our very first Charity Softball Match in partnership with London Sports, with over 100 guests in total. We have sponsored London Sports over the recent baseball season, contributing to the Scholarship and Infrastructure Fund which enables underprivileged children to join the league free of charge. The charity welcomes both girls and boys aged 5 to 18 to play baseball and softball in a safe and fun environment, and is the UK’s largest and longest established league of its kind.
Recently a familiar theme cropped up in discussion following an article on Bloomberg – that of the potential lessons from investing like the big US university endowment plans. They excite interest due to the vast sums they manage and that they can access some of the best and brightest individuals in academia who are based literally on their door steps. The Yale Endowment Model has been widely publicised and described by the Yale Chief Investment Officer, David Swensen, in his book “Pioneering Portfolio Management”.
We are proud to be sponsoring London Sports, the UK’s largest and long-established youth baseball and girls’ softball league. Click here to read more about the partnership and our contribution to the London Sports Scholarship & Infrastructure Fund. You can visit our Instagram page to stay up to date on all things baseball and read the player profiles for the nominated Players of the Week each weekend!
There are some challenges for Americans living in the UK that are important to understand in order to develop optimal wealth planning strategies. Click here for the full article, featured in the May-June edition of The American.
Every year well known industry commentator Larry Swedroe, Principal at US wealth management firm Buckingham Strategic Wealth, assesses the hits and misses of market pundits who predict the year’s “sure things”. He scores +1 for a true forecast, -1 for a wrong prediction and 0 for a draw. Below are the “sure things” that were heard from investors and stock market experts in 2017. We use the US, the world’s largest economy and stock market, as the measure of successful predictions.
For many investors it can be tempting to focus only on equity prices when thinking about the returns from their portfolios, particularly during turbulent periods such as the one we have witnessed since the start of February this year. The media often fosters this behaviour through the use of dramatic headlines that are designed to grab the attention of the viewer. Recent headlines in this vein that I have seen include, “The Stock Market is Having its Worst Second Quarter Since the Great Depression”. This sounds scary but the reality was more prosaic. As you can see here, this story was written two days into the new quarter and all because of just over 2% move in the S&P 500 index!
MASECO Private Wealth are pleased to announce that we have recently become sponsors of London Sports, the UK’s largest and long-established youth baseball & girls’ softball league.
The recent Time’s Up and #MeToo movements have given me reason to reflect on the role of gender in the financial industry. When it comes to investing, common stereotypes plague women. For example, we’re too conservative or don’t understand enough about investments. We don’t save enough. We start too late. We lack confidence. I often (though not universally) see this in my own interactions with clients, especially married couples. Wives tend to defer to their husbands when it comes to making investment decisions and trust in the husband’s experience and decision-making. This is not a judgment, just an observation.
Recently, President Trump unilaterally decided that the US is going to institute tariffs on both steel and aluminium. Tariffs have been used in the past by previous administrations and, indeed, other countries around the world. Tariffs, or customs duties, are taxes on imported products, usually in an ad valorem form, levied as a percentage increase on the price of the imported product. Tariffs are one of the oldest and most pervasive forms of protection and barriers to trade.
Andrea, Head of Advanced Planning, features in the March-April 2018 edition of The American discussing Trump tax reform and how it will impact inheritance tax for Americans living in the UK. A US domiciliary resident for gift and estate tax purposes now enjoys a lifetime allowance double that of 2017 thresholds. For the full article, please click here.