Spear's Magazine

Schroders has named Spear’s Power List honouree Oliver Gregson as CEO, wealth management, succeeding another Spear’s Power List-er, Mary-Anne Daly, as the firm accelerates its UK and international expansion. Read more: https://lnkd.in/e4MTMUs7

Deepfake fraud has surged by 2137 per cent in just three years. 🚨 A new report from Signicat highlights that 42.5 per cent of fraud attempts in the financial sector now involve AI, with deepfakes emerging as the most common form of digital identity fraud. Fraudsters are using AI to create hyper-realistic forgeries, making traditional security measures increasingly ineffective. Yet, only 22 per cent of financial institutions have adopted AI-based fraud prevention tools. The message is clear: businesses must act now. A multi-layered security approach - integrating AI detection, biometrics, and continuous monitoring is critical to staying ahead of these threats. How is your organisation preparing for the rise of AI-driven fraud? #CyberSecurity #AI #FraudPrevention Read more: https://lnkd.in/guqUMAUz

The introduction of 20 per cent VAT on UK private school fees is driving a surge in wealthy families considering relocation, a GEMS Education report suggests. The survey reveals a third of HNW families with children in private schools are planning to leave the UK, with many eyeing destinations like the UAE, North America, and Australia. As confidence in the UK economy declines, are we witnessing a long-term shift in global education trends? #Education #TaxPolicy #HNWMigration Read more: https://lnkd.in/eNj7BZE9

‘It’s never taking no for an answer; always saying yes’ Spear's sits down with Becky Fatemi of UK Sotheby's International Realty and Spear's Award winner for Property Broker of the Year. ▪ To read the full article, click the link: https://lnkd.in/g4cyVXqd ▪ To watch more interviews with the winners of the Spear's Awards, explore the Spear's Magazine YouTube channel here: https://lnkd.in/erCktSSJ

The 2025 Spear’s Health & Wellness Indices are out now. From the most exclusive private members’ clubs to the crème de la crème of life coaches and personal trainers, the Spear's Health & Wellness Indices are the go-to resource for (U)HNWs looking for the top advisers and service-providers across the wellbeing space. This year, our rankings are more exclusive than ever before, with some of the world’s leading experts and innovators in their fields featured. Click the links below to explore the indices: Life & Performance Coaches - https://lnkd.in/e_H445EK Health Clubs & Spas - https://lnkd.in/ePdJ_6B9 Athletic Clubs & Gyms - https://lnkd.in/eGCrdF-c Personal Trainers - https://lnkd.in/eNe8anNw Private Members' Clubs - https://lnkd.in/em4qiQfw Wellbeing & Rehabilitation Specialists - https://lnkd.in/exiA-Fsz Wellbeing & Rehabilitation Centres - https://lnkd.in/ezfyPWpF Later Living - https://lnkd.in/ehsVxtRj

From Bitcoin purchases to high-tech security, new trends in 2025 are shaping how the ultra-wealthy buy and design their homes. According to Christie's International Real Estate co-CEOs, Mike Golden and Thaddeus Wong, security and privacy are top priorities, with AI-powered surveillance and biometric entry systems becoming standard in high-end estates. Climate concerns are also influencing decisions, as buyers look for properties in regions that are more resilient to extreme weather. The prime property market is thriving, but where will buyers invest next? Read more: https://lnkd.in/eXn8ereX

A Family Investment Company (FIC) can be a tax-efficient way to manage and transfer wealth while retaining control. Unlike trusts, FICs operate within a corporate structure, offering flexibility and lower tax rates. While they can be an excellent tool for succession planning, they aren’t a one-size-fits-all solution, Natasha Oakshett, partner in the private client and tax team at Withersworldwide, says. Factors like tax implications, investment strategy, and family needs must be carefully considered. Spear’s experts explore the benefits, structure, and potential drawbacks of FICs, helping wealthy families decide if they are the right fit. Read more: https://lnkd.in/eV3Rq6fF #WealthManagement #FamilyInvestmentCompany #SuccessionPlanning

As global wealth shifts from West to East, Hong Kong is growing as a leading destination for ultra-high-net-worth individuals seeking financial security and strategic investment opportunities.   Hong Kong’s neutrality, robust financial ecosystem and favourable tax policies are key reasons behind its growing appeal, experts say. With more than 2,700 single-family offices established in the city, it offers unparalleled access to Asian markets and a stable environment for wealth preservation. As traditional financial hubs face increasing uncertainty, Hong Kong’s status as a premier wealth management centre continues to rise.    Read more: https://lnkd.in/giEbSGgS   #FamilyOffice #WealthManagement #HongKong

Donald Trump Jr has announced his investment in the Enhanced Games, dubbed by some as the 'doped Olympics'. 'For over 100 years, elites in charge of global sports have stifled innovation, crushed individual greatness and refused to let athletes push the limits of what’s possible. That ends now,' says Trump Jr. The sports event, conceived by Aron D'Souza and backed by billionaire Peter Thiel, centres around seeing what the human body can truly achieve using legal enhancements that are banned for professional athletes by the World Anti Doping Agency. Revisit Spear's Editor-in-Chief Edwin Smith’s interview with Enhanced Games founder Aron D'Souza: https://buff.ly/4bB4Ds6

'Not only that, as if goading Just Stop Oil to throw more soup at a Van Gogh, Lamborghini has subverted all the best bits of automotive green technology – such as batteries and electric motors – and redeployed them to make the Revuelto a hybrid that’s even more monstrously powerful and responsive.' Automobili Lamborghini S.p.A.’s stunning Revuelto manages to embrace green technology while still snorting in the face of the environment, writes Mark Walton. Read more: https://lnkd.in/e9qp6aSj