Nachrichten und Einblicke

Rothschild Martin Maurel continues its growth strategy by strengthening its presence in the Western region of France with the opening of a new office dedicated to its Wealth Management business in Nantes.

This is the latest Growth Equity Update from Patrick Wellington, Vice-Chairman of Equity Advisory. October 12 2025 marked the third anniversary of the start of the current bull market that has seen the S&P500 rise by c90%, NASDAQ by c120% and the FTSE Venture Capital Index by 170%. At $7.1bn September was the biggest value month in European growth equity raises since 2021 while the $34.9bn ytd total already surpasses full year 2024.YTD US raises are $160.8bn, 1.5x 2024. AI and software lead the way on both sides of the Atlantic.

The 2025 Finance Act abolished the non-dom regime, increasing tax exposure. Former non-doms must reassess investment strategies, consider wrappers, review offshore accounts, and explore the FIG regime for potential tax relief and planning opportunities.

The TRF allows former non-doms to repatriate offshore income and gains at reduced tax rates, enabling UK investment. Rothschild & Co supports account setup, investment planning, and wrapper selection alongside expert tax advisers.

Global economic conditions remain complex as we enter the final quarter of 2025. While growth has shown an unexpected resilience since Liberation Day, the interplay of trade frictions, inflation dynamics, and policy uncertainty continues to shape a challenging environment. Central banks, particularly the Fed, face a delicate balancing act: sustaining economic momentum without reigniting inflationary pressures.

The US dollar may not appear on our asset allocation chart, yet it plays a powerful role in shaping portfolio outcomes.

Globale Aktien legten im August um 2,5 % zu (in USD), während die Performance von Bundesanleihen mit einer Laufzeit von zehn Jahren leicht um 0,1 % stieg.

James Morrell became Deputy CEO in 2024 and brings a deep knowledge of the business and clients. He previously led the Front Office for seven years, having joined Rothschild & Co as a Client Adviser in 2010. After more than a decade as CEO, Helen Watson will continue to play a key strategic role for the UK Wealth Management business, supporting the management team and maintaining key client relationships, alongside her Rothschild & Co Group responsibilities.

In dieser Ausgabe von Insights – "Der Schweizer Vorsprung" beleuchten wir, wie die Schweiz Tradition und Innovation vereint, um ein vertrauenswürdiger Standort für Vermögen zu bleiben.

This issue explores how solar is fuelling the prospect of a new era of cheap energy; why beauty M&A is resurging, with indie brands like rhode at the forefront; and a split-screen AI debate: scepticism over productivity gains versus the promise of agentic AI transforming design engineering. Read these and more in September’s edition of the review.

Our wealth framework brings clarity and structure to personal finances by dividing wealth into distinct “pots,”. This approach helps individuals visualise their wealth in a more meaningful way, moving beyond abstract numbers to focus on real-life goals, such as lifestyle needs, long-term security, growth opportunities, and business interests.

Our Electrification Sphere brings clarity to the energy transition by convening industry leaders to address the challenges of powering AI and digital infrastructure sustainably. Through expert dialogue, the report explores how innovative grid solutions, renewable integration, and strategic investment can shape a resilient, decarbonised future for data-driven industries.