Recent media headlines say billions of wealth has left the UK. Yet, HMRC, Tax List and city-ranking data show what is moving, what is staying and why it matters. The data is different to the narrative and this is paiting a negative picture of the UK.

Sovereign wealth funds are quietly building their own asset-management platforms. They are becoming the GPs they used to fund, not just the LPs behind them. What is the impact of this move?