Client login

To Bit or Not to Bit: That is the Question…

Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios.

Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional money, no paper notes or metal coins are involved. No central bank issues the currency, and no regulator or nation state stands behind it.

Plus ça change

Last week I was discussing with a client the recurrence of similar themes in financial markets across the decades. For example, the ostensible similarities between the “Nifty Fifty” era of the late 1960s and early 1970s and the current fascination with the “FAANG” stocks – Facebook, Apple, Amazon, Netflix and Google parent Alphabet. For those who weren’t around then, the Nifty Fifty stocks were a basket of famous names that were the leading growth stocks of their day. It was said that they were “single-decision stocks” which meant that you could simply buy them and hold them on the basis that they would always grow. They included the likes of Kodak, Coca Cola and Xerox.

Helge Kostka joins MASECO Private Wealth

MASECO Private Wealth has expanded its investment team to strengthen its strategic position in the application of smart beta factor investing for private client portfolios. Helge Kostka has joined MASECO and is responsible for directing the firm’s investment policy and strategy, as well as managing all aspects of MASECO’s $1bn+ global asset portfolios. Helge also leads the Research Team that works closely with the academic community to identify relevant applications for MASECO’s discretionary portfolios.

Prior to joining MASECO, Helge helped to establish and grow the presence of Research Affiliates in Europe. The firm is a recognized global leader in smart beta and asset allocation, with approximately $160 billion in assets managed worldwide using investment strategies developed by their research teams.

The American – 5 Year Expat

You’ve been in the UK for 5 years –here are the key financial considerations you should begin thinking about

As an American living in the UK, almost nothing related to your financial affairs is easy. The consequences of seemingly simple decisions – such as how to pay for a new home or purchase a mutual fund – may create unnecessary tax charges and complexities. There are a number of key milestones that occur, from the time you arrive in the UK to the time you potentially approach and eventually reach retirement. Many of these changes will impact the appropriate wealth management strategies for American expats.

Understanding how rules will change for you over time will allow you to plan ahead and make prudent financial decisions. In this edition we will address some of the important financial considerations that a US person should be aware of once they are tax resident in the UK for more than 7 out of the last 9 years.

Upon arriving in the UK, most Americans are non-domicile for income tax purposes. Usually you can elect to pay tax on the remittance basis so that UK tax is only paid on foreign income or gains when they are brought into the UK.

Click here to see the article written by Andrea Solana.

The Voice of Americans Oversees – ACA Finance Panel

On December the 2nd, American Citizens Abroad held a Town Hall meeting in London with an expert panel made up of Brad Westerfield of Butner Snow, Daniel Hyde of Westleton Drake, and our very own James Sellon, Managing Partner of MASECO Private Wealth, who answered questions on expat finance.

The evening was a success, and the December issue of ‘The American’ features some of the questions asked at the panel, with the answers given by the panel.

To read the December issue, please click here

 < Back 

Citywealth Magazine

James Sellon, Managing Partner at MASECO, was featured in the September 2014 edition of the Citywealth magazine. The article, ‘The American [bad] dream’ written by Claire Coe Smith, discusses how US clients are looking to restructure their wealth in the wake of recent regulatory overhaul.

James comments on the difficulties for American residents looking to invest outbound, and how Americans living overseas are effectively shut off from external markets largely due to tax and regulatory requirements.