Market Review – June 2024

Market update

The US indices, both S&P 500 and Nasdaq broke their latest records last week, with returns of 3.7% and 5.8% for the month. Nvidia, being the artificial intelligence torchbearer, briefly took the spot as the world’s most valuable company as its market capital surpassed Microsoft’s. At the peak of its frenzy, it was more valuable […]

What do expats need to know before relocating to Spain

Relocating to Spain - Finance & tax

In this article, GSB Wealth Partner Mauro De Santis Bo teams up with Partner Xavier Seguí from NAX Law to discuss the financial and tax implications of moving to Spain. Spain is one of the most attractive countries in the world for expats – especially retirees who leave behind their home country for the sun, […]

GSB are B Corp,™

B Corp - GSB

GSB is thrilled to announce its achievement of Certified B Corporation,™ (B Corp,™) status, joining a global community of businesses dedicated to high social and environmental performance standards. This certification reflects GSB’s commitment to balancing profit with purpose and reinforces our dedication to addressing some of the world’s most pressing challenges through responsible business practices. […]

Market Review – May 2024

Market update

As we inch closer to completing the first half of 2024, the US economy continues to surprise to the upside, while stocks flirt with all-time highs. Wall Street’s three major indexes returned record gains this month with technology stocks taking the lead. The S&P 500 advanced 5% in May, and the Nasdaq Composite rallied approximately […]

Long live the 60/40 portfolio

60/40 Portfolio GSB

By Stuart Ritchie, Managing Partner at GSB Wealth. The shift away from the traditional 60-40 portfolio has been a topic of much discussion, particularly following the challenges of 2022 when both bonds and stocks experienced declines. Since 2022, I have been repeatedly asked if this was the ‘death’ of the 60-40 portfolio, which is a […]

Quarterly Market Update Q1 2024

Insights and analysis on global markets from GSB. In the first quarter of 2024, global financial markets experienced notable movements driven by economic resilience and technological advancements. The US stock market led the charge, with the S&P 500 rising over 10%, fuelled by optimism around artificial intelligence and robust economic indicators. Despite expectations of significant […]

What non-dom tax changes mean for expats residing in the UK

Non-dom tax changes - GSB

Read here what Mauro De Santis Bo – Partner of GSB Wealth. The UK government’s latest budget announcement introduced a significant overhaul to the non-dom tax regime, which could end the favourable tax treatment of foreign income and capital gains for non-domiciled residents. Who are non-doms? Non-domiciled residents, or ‘non-doms’, are individuals who reside in […]

When it rains, it pours

With Alison, the children, and I having moved back to the UK for a few months, the Spring weather of April showers has lived up to its name. That said, Dubai followed suit mid-month with a storm not seen for over 75 years, with some of the worst weather and flooding experienced in living memory. […]

Market Review – April 2024

Market update

US stocks got off to a weak start in the second quarter and posted losses of 2.6% and 2.4% on the S&P500 and Nasdaq composite indexes, with Meta’s earnings sending the magnificent seven constituent tumbling on weaker than anticipated revenue guidance. The Stoxx Europe 600 index missed the mark and recorded losses of 0.05% while […]

World Earth Day with a commitment to ESG investing

World Earth Day Blog GSB

As we celebrate World Earth Day, GSB is proud to highlight our dedication to Environmental, Social, and Governance (ESG) investing. Our approach not only aligns with the growing trend towards responsible investment but also integrates with our core values of sustainability and our ethical business practices. The rise of the conscious consumer Recent data, including […]

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