The world is changing. Old industrialized nations are heavily indebted. Vibrant emerging markets are confidently taking new key roles on the world stage. We are seeing the most significant tectonic shifts since the end of the Second World War.
The strict division between the public and the private sphere, one of the great Enlightenment achievements, is becoming blurred. Private assets are being commandeered to help pay off public debts. The wealthy are being pilloried in public. Transparency is the watchword of the age. Globe-spanning digital communications are the tools of a new form of socialism.
Is it still possible in a digital world to manage and grow assets on the basis of privacy and trust while simultaneously satisfying the legitimate claims of the tax authorities? We believe so. Change always throws up opportunities and risks.