News & Library

New Hampshire Introduces Foundation Act

By Todd D. Mayo New Hampshire has introduced a bill that would allow the formation, registration, and domestication of foundations. The bill (SB 225), which has already received a favorable vote in the state senate, would establish the New Hampshire Foundation Act. With the enactment of the Foundation Act, New Hampshire would become the first U.S. jurisdiction to permit the establishment of civil-law foundations. If the bill passes, the Foundation Act will be effective October 1, 2017. By recognizing foundations, New Hampshire would enable families from countries in which foundations are preferable to trusts as wealth management vehicles to avail themselves of a U.S.-based structure. Nature of a Foundation Under the Foundation Act, a foundation is a legal entity that holds and manages its assets for the benefit of its beneficiaries or in furtherance of its…

Tweet about this on TwitterShare on FacebookEmail this to someoneShare on Google+Share on LinkedIn

Perspecta Market Outlook – January 2017

There Is No Alternative Perspecta Senior Research Analyst Matthew B. Warlick explores the current 7+ year rally in global stocks, the case for gold in portfolios in 2017, the “optionality” of cash, and hedge fund strategies that remain well positioned in a rising interest rate environment.  Please see the full article here.

Tweet about this on TwitterShare on FacebookEmail this to someoneShare on Google+Share on LinkedIn

Perspecta Investor Letter – November 2016

In his Third Quarter Investor Letter, Anthony J. Annino, Perspecta Trust’s Chief Investment Officer, discusses various economic motivations that may well be responsible for fueling the anger expressed by the US electorate in November’s presidential election – specifically the untold impact of China’s excess savings on the American worker and the adverse effects technological advancement has had on US manufacturing and industrial employment. Please click here to view the full investor letter.

Tweet about this on TwitterShare on FacebookEmail this to someoneShare on Google+Share on LinkedIn