The magazine, to be published quarterly, is aimed at ‘global citizens' with personal assets of more than £1m, not including the value of their home. It will be distributed with the UK, European and Asian editions of the Financial Times and the first issue will appear on 28 March.
The magazine will analyse specialist topics including asset allocation, new and exotic investment products, real estate, opportunities in emerging markets and investment alternatives such as watches, art and wine.
FT Wealth will also explore other issues associated with high incomes, including philanthropy, succession/family planning, education, matrimonial, security and social issues. The coverage will include a mix of analysis, trend pieces, interviews, case studies, profiles and opinion columns and exclusive data.
Dominic Good, advertising director, EMEA and global display, said: ‘FT Wealth will be read by the top 1% of the population in terms of wealth, an audience no other publication can claim to reach.'
More than 60% of UK assets are controlled by just 1% of the population, according to research conducted by Tulip Financial Research and Mintel International. The survey also found that 50% of these individuals, with total liquid assets of £600bn, make most of their own investment decisions without being influenced or advised by private banks or wealth managers.
Confirmed advertisers in FT Wealth include Breitling, Barclays Global Investor, Barclays, Credit Suisse, Collins Stewart, Graff, Kleinwort Benson, Patek Phillippe, Lyxor, Equity Trust, Rathbones and SG Private Bank.
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