Arbuthnot Latham

As we dive into 2025, we are taking a moment to look back at all we accomplished last year. From welcoming new clients to giving back to our communities, 2024 was filled with milestones and achievements that made us proud.   Thank you to our clients, colleagues, and communities for being part of this journey. Here is to even greater success ahead! 🎉 Explore our 2024 milestones: https://lnkd.in/eshXr-RW #privatebanking #wealthmanagement #commercialbanking #2024inreview 

🎈 UK long-term Treasury yields hit a 25-year high, adding further pressure on the Chancellor as ballooning debt becomes ever more expensive to service, challenging fiscal sustainability. ✂️ The Bank of England is likely to cut rates next month with underlying economic weakness weighing on growth and increasing stagflation risks, with one further cut now priced this year. 🗽 US yields are also trading at recent highs as Trump’s policies are likely to prove inflationary, meaning the Fed will not need to cut rates significantly. 📈 The US economy is expected to continue outperforming, with the central bank currently forecast to cut rates by up to 0.50% in the latter part of the year. 💶 The European Central Bank is set to be the most aggressive on rate cuts with over 1% of further easing priced in, on the structural economic challenges and political uncertainty. 👨🏭 Today’s focus is very much on the US payrolls data, while next week we get UK and US inflation. 💲 GBP/USD dropped towards 1.2250, its lowest level in over a year following aggressive rhetoric from Trump and UK bond market turmoil, with GBP/EUR at a 2-month low towards 1.1900. See more insight and analysis - https://lnkd.in/dJHH-ag5

As we step into 2025, we're proud to reflect on a remarkable year for our investment management services: 💬 𝗢𝘂𝘁𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝗰𝗹𝗶𝗲𝗻𝘁 𝗳𝗲𝗲𝗱𝗯𝗮𝗰𝗸*: • 97% are satisfied/very satisfied with their investment manager • 96% are satisfied/very satisfied with their overall investment service and support levels 🌟 𝗘𝘅𝗰𝗲𝗽𝘁𝗶𝗼𝗻𝗮𝗹 𝗴𝗿𝗼𝘄𝘁𝗵: • Achieved over £2bn in funds under management and administration (FUMA) for the first time • Representing a doubling of our FUMA over the past six years • Enjoyed an impressive +30% annual growth in FUMA in 2024 🎉𝗖𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗼𝗿𝘆 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲𝘀 𝗳𝗼𝗿 𝗼𝘂𝗿 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲: • Consistently delivered top quartile performance over three- and five-year investment horizons • Marked the 10-year anniversary of our flagship GBP service Thank you for being part of our journey. Here's to continued success in 2025! 🚀 Explore our investment services: https://lnkd.in/e6TnABWB *2024 Arbuthnot Latham Client Satisfaction Survey Capital at risk. #InvestmentManagement #UKWealthManagement 

🏦 The Bank of England kept policy on hold with a 6-3 vote (3 for a cut), with further easing expected through 2025 down to a terminal rate of 4.25%. 📊 Headline UK inflation edged up to 2.6%, further highlighting the challenge facing the central bank as it balances persistent price pressures against a stagnating economy. 👩💼 The jobs market remains relatively robust, with wages growing at a faster than expected 5.2%. ✂️ The Fed did cut rates by 0.25%, with forecasters expecting further cuts over the coming year taking rates to 4%, but uncertainty is high ahead of Trump’s presidency. 💶 The European Central Bank is set to be the most aggressive on rate cuts with the deposit rate expected to drop to 1.75% on the structural economic challenges and political uncertainty. 🫗 Market liquidity has dropped significantly with little risk appetite as we approach year-end. 💷 GBP/USD is testing the 6-month lows of 1.2500, with GBP/EUR trading 1.2000 – 1.2200 range. See more insight and analysis - https://lnkd.in/dJHH-ag5

As we get closer to the end of the year, we thought we would recap some of our most-read insight articles of 2024. Catch up on the pieces you might have missed. 1. Explore our financial wellbeing report - https://lnkd.in/e-QG9SN6 2. Our summary of the first Labour budget since 2010 - https://lnkd.in/euerexD3 3. Take our retirement quiz - https://lnkd.in/e99xDMQb 4. What to look for when choosing a private bank - https://lnkd.in/eeu_e9ji 5. The history of our new office and place in the City - https://lnkd.in/exJM7STF You can keep up with our latest articles by subscribing to our emails here - https://lnkd.in/exm3RXqG

Today marks the last post in our 12 Days of Milestones series! 🏆 We are proud to celebrate 9 awards this year – 4 recognising our company and 5 honouring outstanding colleagues. These awards reflect our commitment to excellence and our incredible team’s dedication. Our company awards: - 𝗕𝗲𝘀𝘁 𝗨𝗞 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗕𝗮𝗻𝗸 𝗳𝗼𝗿 𝗖𝗹𝗶𝗲𝗻𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 – WealthBriefing European Awards - 𝗢𝘂𝘁𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗕𝗮𝗻𝗸 𝗳𝗼𝗿 𝗨𝗞 𝗗𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗖𝗹𝗶𝗲𝗻𝘁𝘀 – Private Banking & Wealth Management London Awards - 𝗪𝗲𝗮𝗹𝘁𝗵 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗬𝗲𝗮r – City of London Wealth Management Awards (COLWMA) - 𝗔𝘀𝘀𝗲𝘁 𝗕𝗮𝘀𝗲𝗱 𝗟𝗲𝗻𝗱𝗶𝗻𝗴 𝗧𝗲𝗮𝗺 𝗼𝗳 𝘁𝗵𝗲 𝗬𝗲𝗮𝗿 – Insider South East Dealmakers Awards Our colleague awards: - Eren Osman, CFA | Managing Director of Wealth Management – Top 50 Most Influential, Private Asset Manager (PAM) - Vasila Mehtiyeva | Private Banker – PAM NextGen Leaders - George Rudland | Senior Investment Manager – PAM NextGen Leaders - Matthew Elliott | Senior Private Banker – Top 25 Private Bankers, Citywealth Leaders List - Alex Stoate | Head of Client Services & Operational Control – Mudlark Award for Exceptional Performance in the Back Office, City of London Wealth Management Awards (COLWMA) 🏆𝗦𝗲𝗲 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗼𝘂𝗿 𝗮𝘄𝗮𝗿𝗱𝘀 - https://lnkd.in/e3q3qSGp #privatebanking #wealthmanagement #commercialbanking #excellence”

Day 11 of 12 Days of Milestones!  🤝 Today we are celebrating moments of connection. We hosted 1,636 clients across 65 events this year. Each connection strengthens our partnership and helps us serve you better. One final milestone awaits tomorrow! #privatebanking #wealthmanagement #commercialbanking

Day 10 of 12 Days of Milestones! 💻 Today, we are celebrating empowering education. We proudly donated 157 laptops to schools, helping support children’s education and creating opportunities for brighter futures. Together, we are making a lasting impact. Only two days left – let’s finish strong together! #privatebanking #wealthmanagement #commercialbanking

👩💼 Critical UK data in focus next week including inflation and jobs, with the market still forecasting rates will be cut to 4% by mid-2025, though no change is expected at next week’s meeting.   🗽 The Fed is likely to cut rates by 0.25% next week and continue easing through 2025 down to a terminal rate of 3.75%. Headline annual inflation came in as expected at 2.7%. 📉 The European Central Bank cut rates this week with further aggressive easing expected in the months ahead, with the key deposit rate forecast to drop below 2% by mid-2025. 💶 The EU’s serious structural challenges, rate differentials, and political uncertainty are all weighing on the euro, which has dropped to its weakest levels against sterling since Brexit. 🌍 Geopolitical tensions continue to drive investor sentiment given the hugely uncertain outlook. 📊 Market liquidity is starting to drop as we approach year-end, further increasing price volatility. 💸 GBP/USD has recovered strongly from the 1.2500 lows, while GBP/EUR has hit multi-year highs around 1.2150 this week on sterling’s favourable fundamentals. See more insight and analysis - https://lnkd.in/dJHH-ag5

It’s Day 9 of our 12 Days of Milestones! ❤️ Today, we are celebrating giving back. Our team dedicated 281 days to volunteering this year, supporting our local communities and making a meaningful impact beyond business. Together, we make a difference. #privatebanking #wealthmanagement #commercialbanking #givingback”