Q2, 2022
Contents
10
16
36
28
The Agenda
6 EDITOR’S LETTER
By Edwin Smith
8 READERS’ LETTERS
Our readers share their insights and views on country estates, ‘expert networks’, family crises and more
10 DIARY
Flavio Briatore on life in management and a potential Formula One return
12 THE HEDGEHOG
News from around the HNW universe, from Tier 1 visas to Alpine adventurers and the Duke of York’s future
14 BOOKS
A review of Butler to the World, Oliver Bullough’s study of financial skulduggery in the UK – plus four more titles
16 LIQUID LUNCH
Venture capitalist Sanja Partalo on a digital revolution in the worlds of marketing and media
18 PHILANTHROPY
Lyn Tomlinson on the logic behind Cazenove Capital’s donor-advised fund
20 MATTHEW GOODWIN
Who’s on early manoeuvres in the race to succeed Boris Johnson?
21 ANNAMARIA KOERLING
Investors and their advisers are having to think on their feet and adapt sharply as the Ukraine crisis unfolds
22 ROBERT AMSTERDAM
The Ukraine crisis has set in motion the great geostrategic pivot of 2022
The Briefing Wealth management
26 RISING TENSION How should investors react to rising inflation around the world?
28 SAFE HAVEN
In conversation with Luka Gakic, head of UK wealth at Ruffer
30 THE FOUNDER’S OFFICE
The inside track on a new breed of low-profile, high-growth private office
34 FRUIT OF THE UNION
Why so many wealth management offices are merging
37 SPANISH STEPS
Why Barclays is bullish on Spain
38 ‘THE RICH ARE DIFFERENT’
A study by Wharton suggests F Scott Fitzgerald was on to something