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you to invest confidently money you might otherwise keep in reserve, helping you optimise investment decisions. Subject to status, lending can be secured against a traditional portfolio of stocks and shares or against more exotic assets – residential property, overseas property, commercial real estate, even works of art and aircraft. You can take advantage of a credit facility for more than just unlocking liquidity. Clients with significant real estate interests have found it helpful to borrow against their properties to invest in other assets and diversify their portfolios. If you have a greater than average appetite for risk you can use the facility to leverage exposure to certain investments. Te bottom line is that the ability to access


cash with speed is crucial to rapid and shrewd investment in an era in which the tightening of


Lending and liquidity


Everyone knows the after-effects of the financial crisis mean credit isn’t as readily available as it was.


What far fewer people appreciate is how this situation has affected the wealthy.


expenditure often fluctuates heavily. In a climate of rising inflation and low


T


interest rates, when money in the bank can be unattractive, many people are favouring longer-term investments that offer the potential for better returns. But these can also be less liquid. An unforeseen tax demand falling just as you


are about to pay hefty tuition fees can create a difficult short-term cash flow problem if your money is tied up elsewhere. A promising business venture, a long- coveted property or a luxury car offered at a


56 waterfrontmagazines.co.uk


he truth is that wealth doesn’t eliminate the need to borrow. High net worth individuals usually have high net expenditure. High net


bargain price – these are all opportunities that might be lost because you haven’t the cash readily available. Just as infuriatingly, you could be compelled to surrender one of your existing assets to secure a new one – to sell at an unfavourable time when it might be prudent to wait for a better market. Tis is why specialist credit facilities are


increasingly becoming a major distinguishing factor within the private wealth management industry. Deutsche Bank Private Wealth Management UK is one of a select few institutions to offer such a service. It gives you the kind of flexibility that can make a real difference. Simply knowing the facility is available should you need it allows


credit has created a real challenge for wealthy individuals. And the institutions best placed to help meet that challenge are those that recognise the need for continued liquidity at a time when you want the capital you’ve worked so hard for to work hard for you.


Investments are subject to investment risk, including market fluctuations, regulatory change, counterparty risk, possible delays in repayment and loss of income and principal invested. Te value of investment can fall as well as rise and you might not get back the amount originally invested at any point in time. Deutsche Bank Private Wealth Management is a trading name of Tilney Investment Management. Registered in England No. 2010520. Tilney Investment Management is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority. FSA Register Number 124255. Tilney Investment Management is a member of the Deutsche Bank Group.


Please contact Duncan Brookes on 0151 255 3127 or email duncan.brookes@db.com to find out how Deutsche Bank


Private Wealth Management’s specialist lending facilities can help you. www.dbpwm.co.uk


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