Owl Private Office
We are proud to unveil the hopefuls ahead of the most prestigious event on the HNW calendar – the Spear'sWealth Management Awards...The evening will include the coveted Trusted Adviser award, with the highly respected tax advisers Elizabeth Henson (PwC), Mark Bridges (Farrer & Co) and Jonathan Conder (Macfarlanes), reputation law guru Mark Stephens (Howard Kennedy) and family office adviser William Drake (Owl Private Office) in the running.
The enormous potential of China is attractive, if only it can be satisfactorily tapped. William Drake, co-founder of Owl Private Office, regularly visits the jurisdiction and the trick, he insists, is to get out of Beijing and Shanghai and understand middle China: ‘The middle class and lower middle class in China is getting steadily wealthier,’ he explains, ‘and they’re buying fast-moving consumer goods which we take for granted – pineapple juice, babyware, nappies, toothpaste, all these things. But the Chinese stock market is gambler-oriented, and there’s no institutional core to keep it steady: it’s volatile, with very difficult corporate governance.’