The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

SG Hambros

Client Profile:  UK resident and domiciled

Investment Strategy:  Capital preservation portfolio


Last month Mr  XXX retired and sold his XXXXXXX company for $20,000,000 net. He is UK resident and domiciled and intends to spend the next few years in London before retiring to his villa in Spain. Having worked so hard to build up his company he is eager to enjoy the years ahead without worrying about losing the capital he made from the sale. His mandate to SG Hambros was therefore to achieve long term capital growth but with an emphasis on capital preservation. In addition to his requirement for growth he also wanted a small amount of income to supplement his pension.

We structured his portfolio in an offshore insurance bond wrapper which means that with the exception of nominal withholding taxes he is able to enjoy gross roll up on his investments without the deduction of income or capital gains tax.  Also, whilst he is a UK resident, he could remit up to 5% of the initial investment without any liability to UK taxation.

The underlying portfolio within the wrapper is :

Cash (Sterling) 5.00%

Sterling Bond Funds 20.00%

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree