Coutts supports US expats in breaking through investment barriers

Coutts supports US expats in breaking through investment barriers

The Coutts US Investment Management Service is part of a unique suite of products for UK-based Americans that meet all their banking, borrowing and investment needs in one place.

With the UK being home for a large number of US expats, Coutts has developed an investment management service specifically aimed at this important demographic.

The Coutts US Investment Management Service is a unique service for US citizens living in the UK, recognising their dual tax status and that many earn and have liabilities in Sterling as well as USD. It provides two portfolios – balanced and growth – both delivering the Coutts view with an international outlook, with Sterling as the reference currency, and booked in the UK. 

The growth portfolio is invested in equities in the UK, and wider developed and emerging markets, to achieve long-term capital growth. Performance has been strong, achieving returns of 15.8% (net of fees) in its first year. The balanced portfolio has also experienced strong returns in its first 6 months. 

John Saunders, Managing Director, Coutts International Client Group US and Europe, commented: “Reports suggest that the current high net worth US population is in excess of 8,000 which represents a really important demographic for us at Coutts. We understand the specific issues and needs of Americans living in the UK, and have a well established specialist team in place to support them – they remain a core focus for us. We support our US clients across all the main areas of banking, credit and investment. We also help them navigate and get the most from life in the UK which clients newly arrived here find particularly helpful - we have great connections with property specialists, educational consultants and our efficient banking and concierge services make enjoying the cultural and entertainment opportunities very easy indeed. "

Related Articles

Coutts identifies investment opportunities in its Mid-Year Investment Outlook

European equities, sterling, healthcare and technology are all identified as key long-term opportunities for growth by Coutts in its 2017 Mid Year Investment Outlook.

Coutts launches multi-currency debit card

The card will enable Coutts to better serve its increasingly well-travelled client base.

Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox