Switzerland Beats London as Home for Mobile Rich, Says Scorpio

Bloomberg – Switzerland is the world’s most attractive financial center for the “mobile wealthy,” beating London, Singapore and New York, according to a new survey by Scorpio Partnership.

The Alpine nation ranks highest for economic and political stability, legal issues, children’s education and infrastructure, the London-based wealth management adviser said. Switzerland placed fifth for tax and immigration, behind Monaco, Singapore, Cayman and Hong Kong.

“To the mobile wealthy, Switzerland is very nearly all things to all people,” said Scorpio Director Stephen Wall. It “has been and will continue to be the biggest beneficiary of moves away from London.”

Read Complete Article

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink.

Comments are closed.