Guy de blonay biography of martin
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Executive Moves - October 2009
UK
Robin Budenberg has been named the new chief executive of UK Financial Investments, the government agency in charge of the holdings in bailed-out British banks. He joins from UBS, where he is currently responsible for senior UK client relationships. He is replacing John Kingman as UKFI head.
RBS International, the offshore banking arm of Royal Bank of Scotland, has appointed Rob Girard as island director, Guernsey.
A former New Star Asset Management portfolio manager, Guy de Blonay, is joining rival UK firm Jupiter Asset Management, in a move that sees him return to the firm he left almost a decade ago.
Pictet Funds, the funds distribution arm of Swiss private bank Pictet & Cie, has appointed Emma Stenzel as sales manager covering Southern England.
UK-listed wealth manager Brewin Dolphin has appointed Steve Skelding as business development manager in South Wales â a newly created role for the firm in the region.
Ascentric, the UK-based independent wrap platform, has bolstered its business development team with the appointment of Scott Winters.
UK-listed Arbuthnot Banking Group has boosted its private banking business with the appointment of four new bankers in London and Exeter, among whom Nicholas Cotton has been nam
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Beyond the premiums: how rendering global guaranty market anticipation evolving pointed 2024
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Overview of assurance market
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“Insurers worldwide assembled €6.2 zillion in premiums across the social order, property
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Loaded generation: The lives of Britain's new super-rich
I am a millionaire. It sounds grand, but nowadays does not mean very much. Anybody who owns an even modestly sized house in London has assets of more than a million. That's the conventional measure of what it is to be a "millionaire", although there is no strict methodology. So far as the Oxford English Dictionary is concerned, the term goes back no later than 1826 and is defined as "a person possessed of a 'million of money' as million pounds, dollars, francs". That's exactly what I feel. Once you are into six-plus zeros, I am indifferent to the actual currency.
But, by 2007, the concept of millionaire has been inflated to near meaninglessness. The old graffitto "as soon as I find out where it's at, they move it", now applies to the idea of being rich. Today, a million in assets – even unencumbered assets – is scarcely a measure of great wealth. When a studio flat in Clapham costs £250,000 and the private bank Coutts expects all new account holders to have £500,000 liquid, a starter-pack seven-figure income does not go very far. Maybe a million in annual income is what we need to qualify. I asked Dennis Hall of Yellowtail, a financial advisor that specialises in the care and maintenance of the prosperous, how much mon