Q4, 2022
Contents
20
28
36
The Agenda
14 EDITOR’S LETTER
By Edwin Smith
16 READERS’ LETTERS
Our readers share their views
18 DIARY
With biotech and crypto billionaire Christian Angermayer
20 PHILANTHROPY
How Ukrainian influencer Mariya Solodar is helping her homeland
22 SHOT BEFORE DAWN
Photos of Spear’s 500 Live in association with The OWO Residences by Raffles
24 THE HEDGEHOG
News from around the HNW universe, from property renovation to boxing
26 BOOKS
A strident review of Bully Market, Jamie Fiore Higgins’ tale of a culture of misogyny at Goldman Sachs
28 LIQUID LUNCH
Social mobility tsar Katharine Birbalsingh on schools, Boris and more
30 MATTHEW GOODWIN
The enormous challenges facing Liz Truss and the Conservative Party itself
31 ANNAMARIA KOERLING
How investors may have to adapt as many of the world’s major economies head towards recession
32 ROBERT AMSTERDAM
What we can do to protect democracy and public discourse
40
The Briefing 35 Tax
36 PAPER CUTS The Spear’s Tax Survey 2022 reveals
a shift in priorities among the nation’s leading tax experts
40 CALVIN’S CLIMB
With inheritance tax biting hard, broker Calvin Lo tells Robert Jackman about a new kind of life insurance
42 THE PRICE OF FAME
Why non-dom status may simply not be worth the hassle for some people in the public eye
43 A GAAR TOO FAR?
Proposed amendments to the second Economic Crime Bill may be bad news for innocent taxpayers
44 BALANCING ACT
The lawyer who gave up her career to help the rich give their money away