International investors rarely have one portfolio in one jurisdiction. They may have businesses, property, bank accounts, pensions and investments spread across countries and currencies.
Create one consolidated view
Without a total balance-sheet picture, the same risk can be repeated across jurisdictions without being visible.
Map currency exposures
The currency of an asset, the currency of a liability and the currency of future spending may all differ. These mismatches should be deliberate rather than accidental.
Plan for mobility and succession
Residency changes, inheritance, ownership structures and family mobility can affect long-term wealth decisions and should be coordinated with qualified specialists.
Preserve flexibility
International investors benefit from maintaining sufficient liquidity and avoiding structures that become difficult to manage when circumstances change.
A short decision checklist.
- What job is this capital expected to perform?
- What are the principal sources of return and loss?
- How much liquidity could be needed under stress?
- What assumptions would invalidate the decision?
- What review rule will govern the allocation after the initial decision?