Latest news with #Netwealth
Telegraph
3 days ago
- Business
- Telegraph
Why it pays to diversify your investments beyond property
In the UK, people like to invest in what they can see – usually bricks and mortar – and judging by the property market over the last couple of decades, it's clear why. 'A whole generation of people have put money in their own homes, in rental properties, and by and large that's turned out well – prices have risen, properties earn an income and people feel good about it,' says Matt Conradi, deputy chief executive of wealth managers Netwealth. 'In the UK, we tend not to see property as a risk.' But when a new phase of life beckons, tax rules evolve and interest rates rise, having so much of your money in property can lose its appeal. 'If you are beginning to think about a stable income in retirement, gifting some wealth to the next generation, drawing down on capital, then exposure to just one asset class – UK residential property – doesn't give you much flexibility. All your eggs are in one basket,' he explains. Nor can you easily take out a little cash – as he puts it, 'you can't just sell a bathroom'. At this stage, it makes sense to diversify. 'Not only through different asset classes such as stocks and bonds but also diversification in its broadest sense,' he says. 'That means flexibility in how your money is packaged, how and when you can use it and how much you need to meet life goals. A fixed rental income can take you over tax thresholds and doesn't give much room for manoeuvre.' With a spread of assets, individuals can take advantage of market price fluctuations and tax rules to withdraw cash more efficiently. 'You don't want to take money out when the market is 20 per cent down – it's much harder to recover. So you diversify to minimise the risk.' Property can also be inconvenient, especially for owners on the brink of lifestyle changes. 'They might be poised to travel – they don't want someone calling at 7pm to say the boiler is broken. They don't want the hassle,' he says. That's where the Netwealth team comes in – helping clients understand how to spread risk and plan around key milestones, from paying off a mortgage to gifting wealth or fixing a date for retirement. Using a blend of expert advice, innovative technology that shows exactly where money is invested, along with tools to model future outcomes, Netwealth supports clients at every stage. The firm also stands out for its low fees – often as low as 0.35 per cent – thanks to its use of low-cost passive funds and efficient digital tools. They'll also help clients make the most of Isas and pensions, and adapt to changing legislation, such as the proposed changes to inheritance tax changes that are due in 2027. 'Although you should never take any decision for tax reasons alone. It must fit with your goals,' he says. 'Expert advice and investment management combined with the latest technology – with much lower fees – help individuals to see how their own investments will fare in different scenarios and reveal trends to build long-term wealth preservation through excellent investment management,' he says. Lower fees can save life-changing sums – tens of thousands of pounds over time, he adds. 'Many people haven't dealt with wealth managers before and might be sceptical about charges – ours are low and our technology offers transparency.' After a lifetime of careful saving, some find it difficult to shift gears: to balance their portfolio, start spending or support their family. Personal finance projections can offer clarity and confidence, showing whether goals are achievable or if wealth could be passed on more efficiently. Others may feel uncertain about market risk, which is why Netwealth offers flexible levels of support, including regular check-ins. 'We don't say, 'Come to us we'll be up 5 per cent when markets are down.' Returns accrue over time and there will be ups and downs,' he explains. 'We can't predict markets or inflation – those are outside our control. But we focus on what we can manage: smart diversification, efficient tax use, paying lower fees and thoughtful planning. that will be how you get the benefit of better returns over time.' Find out more at When investing, your capital is at risk Netwealth Investments Limited is authorised and regulated by the Financial Conduct Authority, with firm reference no. 706988. Registered in England and Wales, with company no. 09493628 and with registered offices at The Bloomsbury Building, 10 Bloomsbury Way, London, WC1A 2SL.
Telegraph
3 days ago
- Business
- Telegraph
Join Netwealth's Beyond Property masterclass
In the UK we often choose to invest in bricks and mortar, but with frequent tax rule changes and relatively high interest rates currently the norm, is this really the best way to build your wealth? Our panel of experts will discuss why it's important to diversify beyond property and how to make your wealth work for you. Sign up to join the webinar on 26 June to hear Holly Mackay, investment expert and founder of Boring Money, and Matt Conradi, deputy chief executive at Netwealth, share their expertise and to hear them answer your questions. Guest speakers Holly Mackay: Mackay has 25 years' experience in the financial service industry and is the founder and chief executive of Boring Money, a free, independent website that offers consumers help with investments and pensions. Matt Conradi: Over the past 15 years, Conradi has worked with a wide range of clients and families to build their financial plans and manage their investments. As head of client advisory at Netwealth, he has helped to develop proprietary wealth planning tools, financial advice and guidance services so that clients can make more informed decisions about their financial futures. Host Helena Pozniak: A freelance journalist and editor with over 15 years' experience in print and television. At the BBC, Pozniak was a producer and reporter on European news and features (BBC World) and before that she worked for Reuters. She currently writes for The Telegraph, other newspapers and magazines as well as leading universities and school publications. Event Details: Theme: Beyond Property: Long-Term Wealth Preservation with Netwealth Host: Helena Pozniak Guest speakers: Holly Mackay, Matt Conradi Date: 26 June 2025, 12-1pm Location: Online webinar (email address required for access) Eligibility: Attendees must be aged 18 or over Key dates: Attendees must register before 23:59 on 24 June 2025 Register here for this Telegraph Media Group hosted event for Netwealth: Find out more at When investing, your capital is at risk Netwealth Investments Limited is authorised and regulated by the Financial Conduct Authority, with firm reference no. 706988. Registered in England and Wales, with company no. 09493628 and with registered offices at The Bloomsbury Building, 10 Bloomsbury Way, London, WC1A 2SL.
Telegraph
3 days ago
- Business
- Telegraph
Privacy Notice for Netwealth Event
Introduction This privacy notice describes how we process personal data provided by you to Telegraph Media Group Holdings Limited ("TMG", "we") in connection with "the Beyond Property: Long-Term Wealth Preservation with Netwealth" event ("Webinar"). It is important that you read this notice so that you are aware of how and why we are using your personal data. TMG is the data controller of your personal data. This means that TMG decides what your personal data is used for, and the ways in which it is processed. As a data controller, TMG has the responsibility to comply, and to demonstrate compliance with applicable data protection laws. Why do we collect your personal data? We collect your personal data for the purposes of administering the Webinar. We will also collect your marketing opt-in, and share it with Netwealth Investments Limited ("Netwealth"). What personal data will TMG collect? Personal data We will collect the following personal data about you: Title Name Date of birth Company name and your job title Telephone and/or mobile phone number Email address Country Any personal data you may share with us in "Submit your questions for our speakers". The lawful basis for TMG to process your personal data for the purpose as described above is contract or legitimate interest. We will also collect your marketing opt-in information. The lawful basis for this is your consent. Sharing your personal data If you decide to submit a question, your first name may be shared with the speakers at the event should it be selected to be asked. If you have opted-in to receive marketing from Netwealth, this information will be collected by TMG and securely shared with Netwealth, who will use it in accordance with their own privacy policy. TMG works with our approved third-party providers who help us to provide some of our services. These partners only use your personal data on behalf of TMG and not independently of TMG. We may also share personal data with third parties where required or permitted by law. Retaining your personal data Personal data from your webinar registration will be kept for 12 months since data collection. After 12 months it will be automatically deleted. Where we store your personal data When we store your personal data in our own systems, it is stored in the United Kingdom. Security We take appropriate measures to ensure that all personal data is kept secure including security measures to prevent personal data from being accidentally lost, or used or accessed in an unauthorised way. We limit access to your personal data to those who have a genuine business need to know it. Those processing your personal data will do so only in an authorised manner and are subject to a duty of confidentiality. We also have procedures in place to deal with any actual or suspected data security breach. We will notify you and any applicable regulator of a data security breach where we are legally required to do so. Your rights Under the UK GDPR you have a number of important rights. In summary, those include rights to: access to your personal data and to certain other supplementary information that this Privacy Notice is already designed to address require us to correct any mistakes in your personal data which we hold require the erasure of personal data concerning you in certain situations receive the personal data concerning you which you have provided to us, in a structured, commonly used and machine-readable format and have the right to transmit those data to a third party in certain situations object at any time to processing of personal data concerning you for direct marketing purposes object to decisions taken from processing your personal data by automated means which produce legal effects concerning you or similarly significantly affect you object in certain other situations to our continued processing of your personal data otherwise restrict our processing of your personal data in certain circumstances claim compensation for damages caused by our breach of any data protection laws. For further information on each of those rights, including the circumstances in which they apply, see the Guidance from the UK Information Commissioner's Office (ICO) on individuals rights under the General Data Protection Regulation. If you would like to exercise any of those rights, please: contact us using our Contact details below, let us have enough information to identify you, let us have proof of your identity and address, and let us know the information to which your request relates. Contact Questions and comments regarding this Privacy Notice and rights requests should be addressed to the Data Protection Officer by email DPO@ or by post to: Data Protection Officer, 111 Buckingham Palace Road, London SW1 0DT. How to complain We hope that we can resolve any query or concern you raise about our use of your personal data. However, if you are not satisfied with how we have dealt with your enquiry/complaint you make a complaint with a supervisory authority. The supervisory authority for data protection in the UK is the Information Commissioner whose contact details can be found at or by telephone: +44303-123-1113.
CNA
23-05-2025
- Business
- CNA
Dollar under pressure and all eyes on Treasuries as US fiscal anxiety rises
LONDON/SYDNEY :The dollar headed for its first weekly fall in five weeks against major currencies on Friday and long-dated Treasury yields stayed elevated, as U.S. debt concerns that have mounted for years started driving moves in currencies and global debt. Investor attention has switched from tariff anxiety to U.S. fiscal concerns in a week where Moody's downgraded the U.S. credit rating and the Republican-controlled House of Representatives on Thursday passed a sweeping tax and spending bill. Futures contracts tracking Wall Street's benchmark S&P 500 share index were steady in European morning trade as investors balanced the tax-cut boost to corporate earnings with longer-term concerns about the U.S. economy. "It's good for corporates initially, and clearly you're seeing the flip side of that in Treasury markets," Netwealth CIO Iain Barnes said. But with long-dated debt yields' tendency to impact valuations of other assets, from global currencies to stocks, he said investors were nervous that any further volatility in 30-year Treasuries could start rippling across global markets. "Multi-asset investors' primary concern is thinking about how these different asset classes respond to each other," he said, adding that he was keeping his own portfolios broadly diversified and neutral on market risk for now, in line with much of the investment industry. With the U.S debt pile already at $36 trillion, President Donald Trump's plans to slash taxes, cut federal budgets and boost military and border enforcement spending has sparked rollercoaster moves in the long-term debt yields that set the nation's borrowing costs. The 30-year Treasury yield was 4 basis points lower but held just above 5 per cent after hitting a 19-month high in the previous session. "There is certainly nothing in this market move or the passage of this version of the bill that tells me there is going to be meaningful reduction in U.S. bond issuance or this broader concern about global bond supply," said Ken Crompton, senior interest rate strategist at the National Australia Bank. Yields on 30-year Japanese bonds, which hit record highs earlier in the week as selling driven by domestic fiscal and inflation concerns was exacerbated by moves in U.S. debt, recovered slightly, declining by 5 bps to around 3.10 per cent. Data on Friday showed Japan's core consumer price inflation climbed 3.5 per cent in April in its steepest annual increase for more than two years, raising pressure on the Bank of Japan to keep hiking interest rates. In the euro area, German Bund yields dipped on but stayed on track for their fifth straight weekly rise, tracking U.S. Treasuries. The benchmark European debt has sold off despite money markets showing that traders anticipate the European Central Bank cutting its main deposit rate to about 1.75 per cent by year-end. DOLLAR DECLINE In currency markets, the euro firmed 0.5 per cent to $1.1335. An index tracking the U.S. currency against a basket of peers including the euro and Japan's yen, was 0.2 per cent lower and down 1.3 per cent on the week in its first weekly drop since late April. Despite the euro's gain, which tends to knock exporters' shares, Europe's Stoxx 600 share index gained 0.3 per cent in early dealings and Germany's Xetra Dax added 0.4 per cent, as traders stayed cautious towards U.S. assets. Japan's Nikkei also gained 0.5 per cent on Friday, with MSCI's broadest index of Asia-Pacific shares outside Japan rising by the same amount. Bitcoin prices dipped from its record high but it was still set for a weekly gain of 6.4 per cent to $110,796. Oil prices dropped for a fourth consecutive session and were set for their first weekly decline in three weeks, weighed down by renewed supply pressure from another possible OPEC+ output hike in July. Brent futures fell 0.85 per cent to $63.89 a barrel and U.S. West Texas Intermediate crude futures fell 0.9 per cent to $60.65. In precious metals, gold prices rose just over 1 per cent to $3,321 an ounce.
Business Recorder
23-05-2025
- Business
- Business Recorder
European stocks pressured by rising bond yields
FRANKFURT: European stocks fell on Thursday as concerns over US fiscal health kept Treasury yields elevated, while data showing weak euro zone business activity added to the gloom. The pan-European STOXX 600 index closed 0.6% lower, logging its biggest single-day fall since early April, and retreated further from a two-month high touched earlier this week. Investors have been grappling with lack of progress on trade deals as well as US President Donald Trump's sweeping tax cut plans, which have raised concerns about ballooning US debt and sent government bond yields surging. 'There's a bit of nervousness around how large the US deficit has been structurally for a given period of time. You're going to have a very uncertain picture with regards to growth and a certain outlook for deteriorating public finances,' said Iain Barnes, chief investment officer at Netwealth. The benchmark 10-year US Treasury yield was hovering around three-month highs on worries that US government debt would swell by trillions of dollars, as the House of Representatives passed Trump's tax-cut bill. Following the US, yields on German long-term bonds hit a two-month high while ones on euro zone bonds edged up modestly, pressuring stocks. Adding to the dour mood, HCOB's preliminary composite eurozone Purchasing Managers' Index dropped to 49.5 this month from 50.4 in April, and the bloc's dominant services industry suffered a deeper downturn in demand in a clear sign of the impact of US tariffs on the eurozone economy. All sectors on the benchmark STOXX 600 were lower, with personal and household goods, and automobiles and parts the biggest losers. 'Markets had been doing pretty well and are taking a little bit of a sense check on how far they've gone... It seems they've run out of good news for the time being,' Barnes said. Chemical stocks were flat, as losses were offset by an over 30% jump in Johnson Matthey after the British chemicals firm agreed to sell its unit to Honeywell International for 1.8 billion pounds ($2.4 billion), including debt.
