2 / 44
CHAIRMAN’S LETTER
02
|
THE INVESTOR
■
D
AVID
L
AMB
Chairman, Investment Committee, St. James’s Place Wealth Management
ritons are living longer, which is changing the nature
of nancial planning. An increasing number of families
now have four or more living generations. This
means that nancial planning will increasingly need
to become intergenerational, with families sharing
resources between the generations to achieve their
nancial goals. Our In Your Interest feature looks at the ways in which
families can work together to make the best use of their collective wealth.
Continuing the theme, the Chancellor’s recent Budget focused on
‘the next generation’ as a new Lifetime ISA was unveiled. Our News
section explains how it will work in practice.
Intergenerational planning may require investment, and volatile markets
can be unsettling for investors, but as Anthony Hilton explains, the e ects
of such turbulence fade over time. He talks about why investors should
ignore short-termmarket movements and take a long-term view.
Of more general interest, the growth of Scandinavian technology
companies, such as Spotify and TeliaSonera, continues the long tradition
of innovation in this
region.Wetrace the origins of this success.
The charity OperaUpClose takes a refreshing approach to opera
productions. Jill Insley explains why she was captivated by the results.
I do hope the articles in this latest issue of
The Investor
will be of
interest to you. If you have any queries, please do not hesitate to contact
your St. James’s Place Partner.
FOR FURTHER INFORMATION ON ANY OF THE ARTICLES IN THIS ISSUE OF
THE INVESTOR
, PLEASE CONTACT YOUR ST. JAMES’S PLACE PARTNER
B