The 7th Annual All-Star Charity Tennis Event took place on Tuesday, March 22nd, 2016 at the Ritz-Carlton Key Biscayne, Miami. The event was hosted by Grand Slam legend and Hall of Famer Cliff Drysdale, while headlined by Serena Williams, currently ranked number one single’s women player in the world and 21 time Grand Slam winner. Wimbledon finalist and former World No. 5 (2014) Eugenie Bouchard, World No. 8 Japanese standout Kei Nishikori, World No. 9 and French No. 1 Richard Gasquet also all participated to support the cause.
In part sponsored by Pioneer Investments, the gathering gave 24 amateur players the opportunity to test their skills in a qualifying tournament in which the winners earned a chance to play alongside the top professionals.
Proceeds from the 7th Annual All-Star Charity Tennis Event supported First Serve Miami. First Serve Miami is a 501(c)3 organization established in 1974, dedicated to developing, organizing, and conducting life skills or academic development programs with tennis, to youth from economically and socially challenged communities of Miami-Dade.
. ¿Alguna vez se ha preguntado cómo comprar el diamante perfecto?
Most people have at least one diamond. In 1477 A.D., Archduke Maximilian of Austria presented a diamond ring to Mary of Burgundy as a sign of their engagement. They have since become the number one symbol of love and marriage around the world.
But what do we really know about them? Outside of being shiny, hard and expensive, very few people learn much about these stones. Be it for a gift, pleasure or as an investment, Karen Simmons a GIA Gemologist takes the mystery out of the topic in her new book, Perfectly Clear – Buying Diamonds for Pleasure and Profit.
“For decades”, Karen says, “people have been taught that the value of a diamond depends on how it is graded according to the 4Cs — Cut, Color, Clarity and Carat weight. But there’s really a 5th C and it makes all the difference. The 5th C stands for “character” which establishes and guarantees the integrity. And one of the best way to identify and establish the integrity of a diamond is to ask for proof that ensures the ownership of the diamond can be traced from its birth mine to the present owner or seller.”
Perfectly Clear offers up the fascinating history and amazing ins and outs of the diamond trade. It provides crisp advice on how to navigate the complex world of buying a diamond and how to minimize paying too much and getting taken advantage of, as well as a special section on gems and their ties to superstition, medicinal uses, and spiritual beliefs.
Included in Simmons’ recommendations for anyone who is interested in protecting their investment in diamonds are:
DO’s
Consider colored diamonds
Buy and grade diamonds as loose stones
Identify your diamond properly
Get to know your local jewelry professional
Determine a diamond’s real value
Learn the basics about diamonds
Broaden your diamond horizon
Enjoy the variety of diamond shapes
DON’Ts
Buy a diamond without an independent grading report
CC-BY-SA-2.0, FlickrPhoto: Steven Damron
. America´s 10 Most Expensive Streets
Every two years, JLL takes a look at the priciest addresses across the United States, along with the factors that have shaped these record-setting rents. In 2015, location, industry and competition are contributing to office rents that are 1.7 times higher than CBD rent growth, and 2.9 percent higher than overall rent growth.
According to the firm, rents on these 10 streets cost the most on a per-square-foot basis:
Sand Hill Road, San Francisco Peninsula: Dubbed “the Wall Street of the West,” due to the presence of venture capital firms, Sand Hill Road remains at the top of the rankings for the third time in a row. Its 2015, average rent is $141.60 p.s.f., up more than 27 percent in just two years.
Hamilton Avenue, Silicon Valley: The rise of tech played a large role in Hamilton Avenue’s catapult to the second most expensive street. Add in restrictive planning ordinances and a transit-friendly, walkable environment and the appeal is apparent. Its 2015 average rent is $124.44 p.s.f., up more than 31 percent in just two years.
Fifth Avenue, New York: Although facing competition from creative space in Midtown South and rising micro-markets like Bryant Park and Columbus Circle, Fifth Avenue still leads the pack in New York, a city synonymous with large price tags. Its 2015 average rent is $119.27 p.s.f.
Greenwich Avenue, Fairfield County: Although one of the least-urbanized streets in the top 10, Greenwich Avenue is known as the hub for hedge funds and also offers proximity to New York. Its 2015 average rent is $90.25 p.s.f., down nearly three percent from 2013.
Mission Street, San Francisco:Mission Street makes its first foray into the top 10, driven largely by the rise of tech developments south of Market Street. Other contributing factors include the Transbay redevelopment and creative space in nearby properties. Its 2015 average rent is $89.58 p.s.f.
Pennsylvania Avenue, Washington, DC:“America’s Main Street” commands international name recognition due to its location near the White House and U.S. Capitol buildings. Redevelopments and renovations of marquee buildings will drive rents and tenant demand. Its 2015 average rent is $72.65 p.s.f., down from $75.83 p.s.f. in 2013.
Boylston Street, Boston: High-profile properties and a broad range of tenants keep Boylston Street solidly among the top 10 Most Expensive Streets. Additional retail and hotel space is on tap to deliver on Boylston, which will keep the street competitive. Its 2015 average rent is $67.44 p.s.f.
Avenue of the Stars, Los Angeles: While there is plenty of star power in Los Angeles, the Century City submarket is a pre-eminent hub for the highest-profile legal, financial and entertainment tenants. Its 2015 average rent is $63.12 p.s.f.
Royal Palm Way, West Palm Beach: Royal Palm Way earned its nickname, “Banker’s Row,” due to the concentration of wealth management and financial services firms. Its 2015 average rent is $58.07 p.s.f., which is actually down from the $58.52 p.s.f. it was two years ago.
Newport Center Drive, Orange County: According to the market’s fundamentals, it may be the perfect storm for investors to check out Orange County’s top retail and office destination: Newport Center Drive is displaying vacancy near 11 percent and rent growth of 3.3 percent since 2013. Its 2015 average rent is $51.72 p.s.f.
Photo: PRO hjl. ¿Qué nacionalidad conviene más? ¿Cuántos países puedes visitar sin visa?
In today’s globalized world, individuals live and conduct business on an international scale, and the option of a second or even third residence or citizenship, and the freedom that comes with it, is enormously attractive. Countries themselves are also looking for new ways to generate growth, and have increasingly become focused on the benefits of offering investors residence or citizenship in return for some form of economic investment.
With that in mind, Henley & Partners, the global leader in residence and citizenship planning, launched on Friday the 5th edition of the Global Residence and Citizenship Handbook, an essential guide for wealthy individuals and their advisors, such as law firms, tax consultants, private banks and family offices, who are interested in international residence and citizenship.
The book presents in-depth yet practical information on all important aspects of residence rules, citizenship law, dual citizenship, passports and visa-free travel, tax and real estate planning, and many more internationally relevant topics. The new edition brings relevant updates on all featured countries, and new chapters on residence-by-investment in Australia and Guernsey, citizenship-by-investment in Grenada, an updated Henley & Partners Visa Restrictions Index, and new sections on the Global Residence Programs Index and the Global Citizenship Programs Index.
It is written by Christian H. Kälin, a Swiss lawyer and Chairman at Henley & Partners, and one of the pioneers and leading authorities in international residence and citizenship planning.
The Global Residence and Citizenship Handbook is available in print format from all major online book retailers including amazon.com and Barnes & Noble, and also in e-book format from all major online eBook retailers including amazon.com and iTunes.
Photo: Youtube. Playboy Mansion Still Listed For $200 Million
One of America’s most famous addresses, known for legendary parties and lavish lifestyle, The Playboy Mansion, has been listed for $200 million, The Agency and Hilton & Hyland announced.
“This is the right time to seek a buyer for this incredible property who understands the role the Mansion has played for our brand and enables us to continue to reinvest in the transformation of our business,” said Playboy Enterprises CEO, Scott Flanders. “The Playboy Mansion has been a creative center for Hef as his residence and workplace for the past 40 years, as it will continue to be if the property is sold.”
The crown jewel of L.A.’s “Platinum Triangle” situated on 5 picturesque acres in Holmby Hills, The Playboy Mansion is a nearly 20,000 square foot residence that is both an ultra-private retreat and the ultimate setting for large-scale entertaining. The Mansion features 29 rooms and every amenity imaginable, including a catering kitchen, wine cellar, home theater, separate game house, gym, tennis court and freeform swimming pool with a large, cave-like grotto. The property also features a four-bedroom guest house. In addition, it is one of a select few private residences in L.A. with a zoo license.
The principal agents are Drew Fentonand Gary Goldof Hilton & Hyland and Mauricio Umansky of The Agency. “The Agency couldn’t be prouder to represent one of the most well-known estates in the country,” said Mauricio Umansky. “With its iconic style and immaculate grounds, the Mansion has inspired so many properties throughout Southern California.”
CC-BY-SA-2.0, FlickrPhotos: Pablo Blazquez. Funds Society celebrated its 3rd Anniversary party in Miami and presented its objectives for 2016
On January 14th, Funds Society celebrated its 3rd Anniversary party in Miami. The rain did not deter over 160 professionals from leading Asset and Wealth Management entities in Miami and New York that attended.
Some friends and readers from Mexico, Barcelona and Madrid, who did not want to miss the occasion, also joined us for the event. During the party, photos of which can be seen in the attached video, Funds Society presented a corporate video with last year’s main achievements and its objectives for 2016.
The latter includes the launch of a print magazine for the Spanish market following the success achieved by its US Offshore edition, and creating a directory for the Asset and Wealth Management sector, segmented by major regions in which Funds Society has a presence: US Offshore, Spain, and Latin America.
In 2016 Funds Society will hold its second edition of the Fund Selectors Summit in Miami during the month of April, to be followed in October by an event aimed at fund selectors in New York.
Foto youtube. La Cámara de Comercio de España en Estados Unidos celebra su cena de gala y entrega de galardones
Next November 19th the official Spain-USA Chamber of Commerce in Miami will hold its 35th Anniversary special Gala Dinner to be attended by the business world from Latin America, Spain and the United States.
During the event, starting at 7pm at the Coral Gables Country Club, Greenberg Traurig and Iberia will be delivered the awards “Company of the Year US–Spain” and “Company of the Year Spain-US”, respectively, granted by the chamber of commerce for their work on business development between the two countries.
During its 35 editions of the Gala, a different company has been recognized every year for its value and commitment in the development of connections between corporate networks of both countries.
Greenberg Traurig is considered the third firm in number of most important lawyers in America and it is the number one among firms as more devoted to charities. “Greenberg Traurig is perfectly aligned with the objectives of the companies in Spain and Latin America, adjusting to regional and global customers needs”, said Antonio Peña, a shareholder of the firm that was founded in 1967 in Miami.
Iberia, chaired by Luis Gallego, has staged a dramatic transformation which it has not only returned to profitability, but also has improved its customer service and efficiency. Today, it is one of the most punctual airlines in the world. During the past year, Iberia has strengthened its network of air links, incorporating 30 new routes, including five long-hauls. The progression of the company, according to AENA, has experienced a growth of 13.65 percent in the number of passengers carried between January and August 2015 compared to the same period the previous year, demonstrating the success of the strategy followed by the Iberia Group.
For more information and registration you may use this link
Jonathan Larsen, responsable global de banca retail en Citi, y Geoff Garrett, decano de la Wharton School, anunciaron el Citi Wharton Global Wealth Institute.. Citi y la Universidad de Pennsylvania lanzan un programa en Wharton para la formación de asesores
Citi and The Wharton School of the University of Pennsylvania announced the formation of the Citi Wharton Global Wealth Institute to provide Citi’s global advisor community with world-class business and executive training.
The new Institute, part of a new, three-year executive education initiative that will reach the Citigold, Citigold Private Client and Banamex global advisory network, will launch in December on the University of Pennsylvania’s campuses in Philadelphia and Beijing. The participants will comprise Citi’s top-performing Relationship Managers and Financial Advisors. Beginning in 2016, additional sessions will be taught in Latin America and Europe with further locations to be announced. Over the next three years, Citi expects to enroll as many as 500 Relationship Managers and Financial Advisors worldwide through the Institute.
“We are delighted to partner with Citi to create a custom executive education program that is a true investment in Citi’s vision for the future,” said Wharton School Dean Geoffrey Garrett. “The global nature of this program exemplifies our goal to be the best business school for the world.”
“Our collaboration with Wharton reflects an extraordinary learning commitment by Citi that we believe will serve our Relationship Managers, and ultimately our clients, well into the future,” said Jonathan Larsen, Citi Global Head of Retail Banking and Mortgage. “Citigold Private Client and Citigold globally have some of the most talented financial advisors in the industry, and by leveraging the remarkable expertise of one of the finest business schools in the world, we will cultivate and deepen that talent pool for many years to come.”
Led by Christopher Geczy, academic director of the Wharton Wealth Management Initiative, the Citi Wharton Global Wealth Institute’s curriculum will feature world-class instruction and experiential learning to enhance participants’ business acumen and leadership skills.
“Citi is refining what advisors will look like in the future and expanding the horizon of their role with customers,” said Geczy. “This program will impart supportive knowledge and skills in areas ranging from client service to the deep expertise of technical wealth management and on to leadership, ethics and personal effectiveness, all of which are critical for serving clients broadly at a world-class level.”
Alvin E. Roth, Nobel Laureate, 2012. 'Nobel Perspectives' abre las puertas a la vida y mente de los Premios Nobel de Economía
Ever wondered how the greatest economic minds of our time live? Or what is their stance on current developments? This week UBS, along with German broadcasters Frank and Thomas Elstner, announced the launch of ‘Nobel Perspectives‘, a digital platform that, over the next 2 years, will feature around 40 filmed interviews with Nobel Laureates in Economics.
In Frank Elstner’s words: “Having interviewed Nobel Laureates since the 1980s, I realize how much these extraordinary people have in common: infinite patience, great curiosity, reliable determination and most of all modesty. They are not only progressive thinkers but also role models for a life in a tolerant society. I am happy that we found UBS as our partner guaranteeing a long future for this project.”
Among others, the featured Nobel Laureates in Economic Sciences will include: Kenneth J. Arrow, James M. Buchanan Jr., Gérard Debreu, Lawrence R. Klein, Finn Kydland, Wassily Leontief, Sir Arthur Lewis, James E. Meade, Merton H. Miller, Christopher Pissarides, Alvin E. Roth, Paul A. Samuelson, Theodore W. Schultz, William F. Sharpe, Herbert A. Simon and Robert M. Solow.
The first profile explores the work of the game theorist Alvin E. Roth. The game theorist discusses topics such as rules market need to work freely and what kidney transplants can teach us about trading.
Over the next two years and at least once a month, further interviews and material will be added to the site along with accompanying commentary and analysis from ‘Undercover Economist’ Tim Harford and UBS’s Global Economist, Paul Donovan.
Next one in line is Finn E. Kydland, Nobel Laureate, 2004 who will be featured speaking of what makes good policy.
You can watch Roth’s interview in the following link.
Foto: Juan Cristobal Zulueta
. El aeropuerto de Miami amplía el número de vuelos directos a Europa
Miami International Airport (MIA) will welcome an impressive slate of new and expanded service offerings to key European destinations beginning in winter 2015. The upcoming additions are led by all-new scheduled service to Vienna, Austria and Istanbul, Turkey aboard Four-Star carriers Austrian Airlines and Turkish Airlines. Also on tap for travelers flying to and from Miami are: expanded seasonal flights to Munich aboard Lufthansa; expanded seasonal flights to Helsinki aboard Finnair; all-new Airbus A380 superjumbo service to London; and much more.
The new transatlantic air service options reflect MIA’s strategic efforts to expand its route map beyond traditional stronghold markets in Latin America and the Caribbean. Turkish Airlines’ new Miami-Istanbul service, in particular, gives Miami passengers incredible one-stop access to destinations throughout Asia, Africa and the Middle East, including Israel. MIA passengers will also enjoy direct access to four cities in Germany when Air Berlin adds scheduled service to their namesake home city in November.
Full details on MIA’s upcoming European service additions are as follows:
October 16: Austrian Airlines Miami-Vienna service inaugural (five weekly)
October 25: Turkish Airlines Miami-Istanbul service inaugural (daily)
October 25: British Airways Miami-London A380 superjumbo service inaugural (daily)
October 25: Lufthansa expanded seasonal Miami-Munich service (six weekly through March 26)
October 25: Air France expanded seasonal A380 superjumbo service to Paris (daily through March 25 when Boeing 777 service resumes)
October 25: Swiss adds four additional weekly frequencies to their year-round daily Miami-Zurich flights (11 total per week) through November 30, when three more weekly flights (14 total per week/2 daily) will be added through May 25
October 26: Finnair expanded seasonal Miami-Helsinki service begins (three weekly through March 26)
November 5: Air Berlin scheduled Berlin service begins (two weekly)
“Beginning this winter, MIA will proudly offer our customers more travel choices to Europe than ever before,” said Miami-Dade Aviation Director Emilio T. González. “Whether it’s new destinations, new aircraft, expanded seasonal service or additional flights, Miami travelers – and our community as a whole –stand to benefit from these service upgrades.”
Additional air service to Europe is also on tap for 2016. Scandinavian Airlines (SAS) announced last month that it will offer scheduled nonstop service from Miami to Oslo and Copenhagen beginning next fall. MIA currently offers direct flights to 14 cities in Europe, a number that will surge to 19 by early November.
