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New Portugal offices in Cascais
We are delighted to announce the opening of our new offices in Cascais, near Lisbon, Portugal.
We are delighted to announce the opening of our new offices in Cascais, near Lisbon, Portugal.
Having outgrown our offices in the centre of Lisbon, Matthew Krystman, area director for Iberia, saw it as an ideal opportunity to get closer to many of our clients who live in Cascais.
Moving in took a while as the interior needed to be redesigned and refurbished, which included putting in a mezzanine floor and meeting area.
Moving in took a while as the interior needed to be redesigned and refurbished, which included putting in a mezzanine floor and meeting area.
Located on Avenida 25 de Abril, the office
is ideally placed for our clients and has
ample underground parking for our team
and any number of visitors.
Please come in and see us if you are passing – we make the best (or at least the cheapest) espresso in town!
Please come in and see us if you are passing – we make the best (or at least the cheapest) espresso in town!
Our new Discretionary Investment Managers
We are delighted to announce that we have engaged Cazenove Capital Management to act as discretionary investment managers for our high net worth clients. Cazenove have been advising clients since 1823, and have stood alone as an independent asset management business since 2005, when they de-merged from the Group’s investment banking business.
Imperius’ MD, Tim Blogg, who has worked hard to find the right advisers for our high net worth clients, made it clear that Cazenove was always his first
choice: “Cazenove’s reputation and success is well known, and I wanted to ensure that our clients’ portfolios were in safe hands”, Tim said.
How the FTSE could buy you a house By Mark Smith - 23 May 2011
A well-built portfolio could turn a small deposit into a big one, giving savers greater leverage when they decide to climb onto the property ladder.
Frustrated first-time buyers watching their savings fail to grow while they wait for a buying opportunity would be up to £48,000 better off if they’d invested in the stock market five years ago, according to a new study from Trustnet.
First-time buyers hit with a triple-whammy of high deposits, high property prices and low interest on their savings, would have seen a lump sum of £25,000 turn into £27,999 over five years if they’d put it into ING Direct while they waited for the right home to come along. The same money invested in a portfolio of funds would be worth considerably more. The Adviser Fund Index (AFI) Cautious Index, a composite portfolio of funds chosen by the UK’s leading financial advisers and operated by Financial Express, would have turned the same amount into £29,806.
The same £25,000 invested in the AFI Balanced index would be worth £31,232, while the AFI Aggressive index would have returned £32,913 over the same period.
This broad spectrum of returns has a significant impact on the type of property the hypothetical first-time buyer could afford, equivalent to a staggering difference of £48,000 in its total value. Using figures from Santander, which puts the average first-time deposit at 17 per cent, the cash-only investor’s £27,999 would afford them access to a property worth £147,000, while the bravest buyers who had put their money into the AFI Aggressive portfolio would today be able to afford a property worth just under £195,000.
A quick search on www.rightmove.com shows that, in real terms, this means the difference between a small two-bedroom flat in East London bearing a close resemblance to a garden shed, and an ivy-covered ragstone cottage in Kent (pictured above) with its own trout stream, 20 minutes by train from London Bridge.
A quick search on www.rightmove.com shows that, in real terms, this means the difference between a small two-bedroom flat in East London bearing a close resemblance to a garden shed, and an ivy-covered ragstone cottage in Kent (pictured above) with its own trout stream, 20 minutes by train from London Bridge.
Richard Hancock, investment analyst at IFA Investment Maze, says that if someone can afford to live in rented property and has the spare capital to invest, then the gamble is theirs to take. However, he warns that investors must be made aware of the risks of this type of strategy. The results are based on past performance and could be a false friend.
"The main advice for specific aim investments is to think carefully about the time-scale. Five-year investments include a significant amount of risk," explained Hancock.
"The drawback is that you might not be able to buy a house at all. The capacity for losses is the most important thing to consider."
"The investor must ask themselves if they can deal with living in a much smaller property if things go wrong."
"The main advice for specific aim investments is to think carefully about the time-scale. Five-year investments include a significant amount of risk," explained Hancock.
"The drawback is that you might not be able to buy a house at all. The capacity for losses is the most important thing to consider."
"The investor must ask themselves if they can deal with living in a much smaller property if things go wrong."
