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CONTENTS

‘I am mulling over the pros and cons of running my own brand.

I thought, “How hard can it be?”’

TAMARA SALMAN’S D I ARY ( PAGE 1 8 )

64 SHOULD HEDGE FUNDS BE TRIMMED OR CHOPPED?

56 THE LABOUR PAINS OF SELLING YOUR FAMILY BUSINESS

50 WE DUB THEE

A TRUE AND NOBLE KNIGHT

THE COLUMNS

10 Leaders 14 From the Founder 16 Editor’s Letter 18 Diary

Luxury goods designer Tamara Salman is heavily into leather 20 The Hedgehog 26 The Giver and the Gift

We hear a philanthropic duet from Glyndebourne 28 Shot Before Dawn

Photographs from the Young Turk Awards, the Mayo Clinic Claridge’s dinner and the Nyetimber tasting dinner

35 Counter Culture

Sam Leith schools us in the new HNW class system. Where do you fit in?

37 PEP Talk Robert Amsterdam thinks our diplomats should be carrying handcuffs

38 The Discriminator

From hipsters to hip replacements, Alessandro Tomé on age-gap couples

40 The Law

The US government is very interested in your tax bill — and not to help you pay it

41 View from St Paul’s

Central banks are going to continue to gush cash, says Guy Monson

42 Image Rights

We could be heroes (unless we’re politicians)

45 FROM PINSTRIPE

SUIT TO SPACESUIT

THE ISSUES

45 Per Ardua Ad Astra

Financier and adventurer Per Wimmer has his helmet on and his desiccated meals ready: he’s going into space

48 Tech for Granted

We need to stop Britain’s tech entrepreneurs heading for California. Alex Matchett hopes for an appy ending

50 Active Duty

Brett Scott doesn’t predict a riot — but he does advocate a revolution in how the wealthy give back. Bring on philanthroactivism!

52 Capital Outflow

If private bankers knew how much wealth there is outside of London, they’d be on the first train to Liverpool Lime Street, says Chloë Barrow

56 Sell-O-Tape

William Cash tries to see if his ancestral family business, Cash’s name tapes, can be rescued, or if it’s already lost

60 Up Against the Wall

Why is London’s success killing its art galleries? Josh Spero puts us in the frame

64 Hedge Trimmers

Whether you want them gently pruned or ripped out at the roots, hedge funds divide investors like nothing else. By Christopher Silvester

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