The rise of ultra-wealthy women: A force for good
Read here what GSB Wealth Partner Yazmin Boden had to say about the rise of UHNW women over the last few years. The number of ultra-wealthy women is steadily rising, and this is not only a win for gender equality but also a driving force for positive social impact. Female multi-millionaires are increasingly shaping the […]
Why investors should focus on time in the market amid volatility
Read here what GSB Wealth’s Daniel Clarke had to say about this week’s latest stock market updates. In this article, we will discuss: Why market downturns are completely normal The potential for interest rate cuts Putting recent economic numbers in perspective The importance of focusing on time in the market, not timing the market […]
Market Review – July 2024
For the month, the small-cap Russell 2000 index has produced returns of over 10%, outperforming both the S&P 500 and Nasdaq indices. The S&P 500 is reporting a mixed bag of results for the second quarter of 2024. Despite this mixed picture, the index constituents are reporting higher earnings for the second quarter, achieving their […]
Market Review – June 2024
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
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,™
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
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
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
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 […]