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Blacktower’s Nexus Fund Reaches £100m Milestone

This milestone has been reached by working closely with Nexus to deliver a portfolio to its clients that is truly and globally diversified, with strong and robust risk management,’ stated Miller.

‘It is with considerable pride that we can report that the value of Nexus Global Solutions Portfolio has now reached £100 million.’

John Westwood, Founder of Blacktower Group and Group Managing Director commented: 

‘While we celebrate the emphatic success of such an achievement, we are acutely aware that the hard work does not stop here. There is great appetite for adviser-driven, expertly managed DFM fund solutions internationally, and we are dedicated to servicing this demand with an innovative approach to wealth preservation and capital growth.’

Blacktower Group’s Nexus Global is presently the only IFA network to have gained Network Membership status with The Federation of European Independent Financial Advisers (FEIFA), and was established in 2010 to provide a global financial advice network for independent operators.

 

 

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Spanish Tax Office’s Gibraltar crackdown

50 Euro NoteSpanish newspaper ABC has reported that tax authorities in the country are cracking down on expats who fraudulently claim Gibraltar residency for the purposes of wealth management.

Apparently the measures have already led to the collection of €20 million from 160 high-net-worth individuals (HNWIs) claiming residency in Gibraltar when in fact they lived in nearby Andalucía. This meant that, on average, €125,000 was collected from each HNWI.

Jorge Ramírez, a representative of the Tax Agency in Andalucía, told the newspaper, “A tracking system was used to collect verifiable documentary evidence, and we found some Gibraltarians whose primary financial interests were actually entirely situated in Spain.”

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