I’m thrilled to announce that deVere Acuma has been named Best Independent Financial Advisory UAE 2020 in the International Business Magazine Awards.
What an honour!
These prestigious annual awards are highly esteemed across the globe. According to the publication: “International Business Magazine Awards is established with the prime objective of admiring the best in class achievements pertaining to budding industrial talent, global leaders, corporates Read More
deVere recently carried out a survey which revealed 60 per cent of higher earners in the UK, or people living abroad with financial links to Britain, are worried about the adverse impact of the November Budget on their wealth.
Indeed, when questioned if they had concerns Chancellor Rishi Sunak would have to increase taxes to help plug the government’s funding gap, 62% said ‘yes’, 17% responded ‘no’ and 21% didn’t know.
A total of 663 deVere Read More
Bitcoin is due to surge this week as it safeguards its status as a safe haven as tensions heighten between the United States and China.
The price of Bitcoin – the world’s largest cryptocurrency by market cap – rallied beyond the $10,000 key resistance marker this week, and now all eyes are on the critical $10,500 mark.
As I was quoted by various media outlets including The Independent, Business Insider and Market Watch amongst others, Bitcoin bulls and Read More
More and more Brits are moving to buy dollars due to weakness in the greenback coupled with fears over a plummeting pound.
The Dollar Index fell 0.5% on Monday, trading at levels we’ve not seen in over two years.
This sharp dollar sell-off is viewed by internationally-minded Brits as an opportunity to purchase dollars as they fear a steep plunge in the pound in the event of a no-deal Brexit – which is looking increasingly to be the case.
The dollar is being impacted by Read More
Company pensions are becoming more and more untenable following the decline in government bond yields and low rates.
Since the Coronavirus crisis hit, the yields of government securities – in which pension funds heavily invest – have fallen considerably.
Traditionally, institutional investors, like pension funds, have always invested in government bonds, as they’re broadly viewed as a safe haven.
Nevertheless, we’ve seen the world change dramatically over the past Read More
deVere Group has just won two prestigious accolades in the Wealth & Finance Fintech Awards 2020!
The awards we won are:
Best Independent Fintech Provider 2020 – deVere Group
Recognised Leader in Fintech – Dimitris Litsikakis, Global Head of Fintech, deVere Group
What an honour! Congratulations to everyone at deVere for the win and, of course, Dimitris, our Global Head of Fintech.
Fintech was already fundamentally changing the way we access, manage and utilise Read More
deVere is launching a first-of-its-kind onboarding verification app due to skyrocketing demand for fintech solutions.
The Ident Me app provides users with a secure verification system – an alternative to conventional customer onboarding – as well as a notary services function, a first within the international financial services and fintech sector.
This is an exciting time, a time where we’ve seen the future happen a lot faster than we anticipated, with Read More
Some 62% of Britons living overseas vowed never to return to the UK on a permanent basis, according to our new poll.
A total of 11% of respondents said they would consider it, whilst 27% said ‘maybe’.
In addition, despite six out of 10 saying they would never return to the UK, the survey found 70% continue to regularly send money back to Britain, 81% could save more in their overseas destination and 44% moved from the UK predominantly for work/career reasons.
It may come Read More
Countries around the world are at last starting to ease the lockdown measures implemented to contain the spread of coronavirus.
However, the restrictions that were put in place could mean many expats will likely be faced with unexpected tax complications.
Many expats, and other people who live outside their countries of origin, have been stuck in other countries where they don’t usually live because of the global quarantine measures, national border closures and next to no Read More
Negative interest rates are on the way. Now’s the time for investors to boost their portfolios to get ahead of the curve and accumulate wealth.
Earlier this week we saw rate options indicate a 23% probability that the key federal funds rate will fall below zero by the end of this year, according to BofA Securities data.
And it’s not just the United States heading for this situation.
Yesterday the Bank of England Deputy Governor insinuated that the UK Read More
I’m excited to announce that deVere is developing a major digital finance operation based in Dubai.
As we start to become accustomed to a so-called ‘new normal’ following the coronavirus outbreak, over the past few months, the market has changed, as have client expectations.
A lot of this change is being fuelled by new technologies and the ever-increasing pace of the digitalisation of our lives, and our financial lives.
This trend was around before the pandemic broke Read More
Monday saw the highly anticipated Bitcoin halving event take place, only the third in the history of the event.
These halvings happen every four years, and as of Monday’s 2020 halving, the number of new Bitcoins issued every 10 minutes dropped from 12.5 to 6.25. The halving happened on block 630,000.
This historic event has shown in two ways how secure Bitcoin’s long-term future is.
First, the Bitcoin price has been steadily increasing ahead of the halving event. Almost Read More