The Financial Times will launch its popular FT Wealth magazine in the US on 16 October 2009. The high quality magazine, which underwent a redesign last year and is already distributed in the paper’s UK, European and Asian editions, will be published quarterly.
Aimed at “global citizens” with personal assets of over $1.65 million, in addition to the value of their home, FT Wealth analyzes specialist topics, including asset allocation, new and exotic investment products, investment alternatives (such as watches, art and wine), real estate and opportunities in emerging markets. It also examines broader wealth issues like inheritance, succession and philanthropy.
The first issue published in the US will explore the impact of the credit crunch on currency values, how the savings and investments of the affluent have been affected and what can be done to mitigate the effects of currency volatility. It will also include a look at whisky as an alternative investment, Muslim philanthropy, how the downturn is affecting the lifestyle of America’s rich kids and expensive sports.
“The Financial Times has the highest concentration of liquid millionaire readers in the US compared to its competitors*,” said Andrew Sollinger, Managing Director of US Commercial Operations. “The US launch of FT Wealth delivers to this exclusive audience more of the unrivaled news and analysis it has come to trust and depend on in the pages of the FT.”