Hosted by Brigitte Rupp, our Financial Adviser for France, there was an art exhibition of selected contemporary works provided by Galerie Oscar and some great talks. David Miller, from Quilter Cheviot, discussed Investing in 2016; Andy McKay, from IDAD, spoke about Securing Growth in all Market Conditions; and Tony van Vuuren, of Acces International, gave a talk on Monaco, the Ultimate Tax Haven. The BFMI Director, Paul Brown, gave a brief overview of The Blacktower Group services available.
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Much has happened since I last put pen to paper in the immediate aftermath of the referendum result and I thought it sensible to comment on some of the issues which are emerging from the ‘swirling fog’ that we experiencing. July 24th 2016, reminded me of September 12th 2001 in New York, with people walking around in shock, confused at the attack on the political and economic system. To be angry at the shock of the unexpected result and how that might affect everyone’s life is a natural and rational response, however much it might seem otherwise. Last week I wrote that the result was not a disaster and the financial system was capable of absorbing this shock, in short, my view has not changed.