Oracle Capital Group was very proud to be named as “Family Office of the Year” for 2015 at the City of London Wealth Management Awards. This was high recognition by professionals in the wealth management field of Oracle Capital Group’s achievements. But a potential client looking for advice would be fully justified in posing the question: “What is a Family Office?” Continue reading →
The British electorate has given its verdict on the UK’s membership of the European Union in no uncertain terms. In spite of the more emotional appeals to the contrary, this is not a disaster. On this extraordinary day, it is worth remembering that on the 20 February 2016, when David Cameron announced that the EU referendum would take place, the FTSE 100 index was at 5950, the 10 year Gilt yield stood at 1.41% and the sterling / dollar exchange rate was 1.44. At lunch time on Friday June 24 the FTSE 100 is trading at 6060, the 10 year gilt yield is 1.07% and the dollar exchange rate is 1.37. On the face of these numbers you could be forgiven for not knowing what has taken place in the past 24 hours!
Media coverage of the multi-million pound fire-damaged and total loss yachts – The One and Barbie – has been in overdrive, compounded by further stories of yachts being mysteriously destroyed in various marinas across the world. From an owner’s perspective the reports must be alarming, but from an insurance viewpoint the incidents and frequency are considered very unusual. What the reports do indicate is that owning a yacht can be an unpredictable experience, and a random event, usually beyond your control, can destroy your asset and/or impose a liability on you. Should the insurance policy be inadequate, your personal capital is at risk. Continue reading →
About Oracle Capital Group
Oracle Capital Group is a global independent multi-family office and wealth consultancy. Founded in 2002, Oracle Capital Group provides comprehensive, tailored and confidential services for high-net-worth individuals and their families, including wealth structuring and asset protection, asset financing and insurance, legal and immigration support, corporate services, property search and development, concierge services..
Oracle Capital Group has offices and associates in London, Geneva, Nassau, Moscow, Almaty, employs over 70 staff worldwide and operates under regulations of FCA, SRA, ACCA, HMRC, ACRA, OFT, ICO.