SHAPING TOMORROW PEACE DIVIDEND GENERATION GAME PREPARING FOR DR SCILLA ELWORTHY: HOW TO RUN THE FUTURE A LIFE FIGHTING WAR A FAMILY BUSINESS WEATH ERBYS P R I VAT E BA N K ISSUE #03 Princess 40M – M/Y ANKA EXPERIENCE THE EXCEPTIONAL® PRINCESSYACHTS.COM 1770.00.102 PRINCESS BC Drinks Weatherbys Magazine Spring DPS FC 325x480.indd Alle pagina's 01/05/2017 11:25 ©2016 Harry Winston, Inc. CLASSIC WINSTON™ RING ©2016 Harry Winston, Inc. CLASSIC WINSTON™ RING LONDON,LONDON, 171 171NEW NEW BOND BOND STREET STREET 0207 0207 907 9078800 8800 LONDON,LONDON, FINE FINE JEWELLERY JEWELLERY ROOM ROOM HARRODS HARRODS 0207 0207 907 9078899 8899 HARRYWINSTON.COMHARRYWINSTON.COM #BrilliantlyInLove#BrilliantlyInLove 19568 Steinway Sunsseker Mag DPS.qxp_Layout 1 05/04/2018 17:39 Page 1 “Steinway allows me to unfold the world of imagination.” YUJA WANG STEINWAY ARTIST For more information or to arrange a private appointment at our London showrooms, please call: 0207 487 3391 or email [email protected] Steinway Hall 44 Marylebone Lane London W1U 2DB CONTRIBUTORS JEREMY TAYLOR Jeremy Taylor writes for ‘The Telegraph’, ‘Sunday Times Magazine’ and the ‘Financial WELCOME Times’. He has interviewed hundreds of interesting people in a career spanning 35 years. They include characters as diverse as Irvine Welsh and Sir Patrick Weatherbys is a business that’s always looked Stewart, Annie Lennox and Miss Piggy. He lives in the Cotswolds to the future and embraced innovation. and travels extensively. This is one of the reasons we brought some of the world’s sharpest minds together for JOHN STEPEK our recent conference, ‘Creating the Future’. ACKNOWLEDGEMENTS The executive editor of ‘MoneyWeek’ magazine, John has been writing Busy lives and limited space meant that not about financial markets and all our clients could make it to the event, so investment for well over a WEATHERBYS MAGAZINE COVER IMAGE we’ve dedicated a significant portion of this Published on behalf of Donald Iain Smith/ Getty Images decade. His work has also Weatherbys Private Bank appeared in ‘The Sunday Times’ CREDIT ALSO GOES TO magazine to the speakers and their topics. 22 Sackville Street, Mayfair and ‘The Spectator’, while you London W1S 3DN p.10 Janusz Jurek. United Kingdom p.18 Darshana Borges. can find him tweeting at p.19 left: WENN Ltd / Alamy Stock Photo Tel: 44 (0)207 2929 029 @John_Stepek On page 10 you can read our selection of the right: Greg Funnell. [email protected] p.20 Greg Funnell. www.weatherbysbank.com conference highlights. Three-times Nobel p.21 Media 24/ Gallo Images. p.26-28 Offshoot Design. Weatherbys Private Bank is a trading name of p.38 Adidas x Parley Ocean Plastic™. Peace Prize nominee, Dr Scilla Elworthy, Weatherbys Bank Ltd. Weatherbys Bank Ltd is authorised by the Prudential Regulation Authority and p. 36-37 Stephen Lenthall/ Gallerystock. regulated by the Financial Conduct Authority and the p.39 Ecoalf. IAN COWIE who also spoke at the conference, is the Prudential Regulation Authority. Financial Services P.41 Ecoalf. Ian Cowie joined ‘The Sunday Register number: 204571. p.42 Rolf E. Staerk/ Shutterstock. subject of this issue’s inspirational interview Weatherbys Bank Ltd is registered in England. p.46 Efired/ Shutterstock. Times’ in 2013. He was judged to Registered number: 2943300. p.50 Egorov Artem/ Shutterstock. be Consumer Affairs Journalist on page 18. Registered Office: Sanders Road Wellingborough p.52 Sergey856/ Shutterstock. Northamptonshire NN8 4BX. p.53 Romain Lafebregue/ Getty Images. of the Year in the 2012 London p.54 above: bogdanhoda/ Shutterstock Press Club Awards, having been PUBLISHER below: Science & Society Picture Library/ Getty Images. If you would like to find out more about the FMS GLOBAL MEDIA p.56 Isabel Infantes/ PA Wire. personal finance editor of Suite 9, Beaufort Court p.63-66 Courtesy of Cobblers Cove. ‘The Daily Telegraph’ since 1989. speakers and their fields of expertise you’ll Admirals Way, London E14 9XL p.68-69 Courtesy of Munden Estate. Writing about savings and United Kingdom p.70 Courtesy of Stonewall Park. be able to download podcasts and watch Tel: +44 (0)203 772 4853 p.71 Courtesy of Location Works (locationworks.com). investments since then, he has fms.co.uk p.72-73 Visit Britain Images. seen and survived several stock footage from the day on the bank’s website. p.74 WENN Ltd / Alamy Stock Photo. CEO p.76-81 Courtesy of Daylesford Organic. market shocks. Nigel Fulcher p.83-86 Courtesy of Perrier-Jouët. p.96 Charles Shearn. Moving on from the conference, I talk PUBLISHER Irene Mateides to John Stepek on page 30 about family GROUP EDITOR © Weatherbys Bank Limited 2018. NICOLA VENNING Anthony Teasdale Whilst every care has been taken to ensure that the businesses, while there are also several data in this publication is accurate, neither the Nicola has been covering high- PROJECT MANAGER publisher nor Weatherbys Bank Limited nor any of its end residential property for Harriet Hirschler articles that feature our clients: Liquid subsidiary or affiliated companies can accept, and over ten years, writing about DEPUTY EDITOR hereby disclaim, any liability to any party to loss or Imogen Smith damage caused by errors or omissions resulting from the world’s top homes, from Assets (p.26), Home & Away (p.46), Hire negligence, accident or any other cause. London penthouses to luxury PRODUCTION DIRECTOR All rights reserved. Education (p.68) and Heart & Soil (p.76). Nick Fulcher safari lodges. She contributes GRAPHIC DESIGN No part of this publication may be reproduced, stored regularly to ‘The Daily in any retrieval system, or transmitted in any form – Daniela Arnoldo, Lauren Robertson, Telegraph’ and ‘Country Life’, As ever, we would be delighted to hear Katie Smith electronic, mechanical, photocopying, recording or otherwise – without prior written permission of the and also writes for ‘The Sunday if you have ideas or feedback. ADVERTISING SALES publisher. Information correct at time of going to press. Jill Ratcliffe: [email protected] Times’, ‘The Daily Mail’ and Shemin Juma: [email protected] Views expressed are not necessarily those of the the ‘Financial Times’. Jon Clements: [email protected] publisher or Weatherbys Private Bank. Every effort has been made to trace the copyright holders of material CONTRACT PUBLISHING used in this publication. If any copyright holder has William Fulcher been overlooked, we should be pleased to make any CONTRIBUTORS necessary arrangements. Mark Stevenson, Gabrielle Walker, Ed Fidoe, Liz Parrish, Jeremy Taylor, John Stepek, Nina Rennie, Ian Cowie, David Cox, Claire Marie Healy, Nicola Venning, Rob Crossan, Rory Ross ROGER WEATHERBY Chief Executive CONTENTS 18 76 10 HEART & SOIL THE PEACE MAKER SHAPING TOMORROW Daylesford Organic gets creative with sustainability Dr Scilla Elworthy shares her vision for a world without war Direct from our conference: solutions for the planet 26 LIQUID ASSETS The launch of an independent Scottish gin brand 68 30 IN THE FAMILY 63 The pros and cons of running a family business 36 TURN THE TIDE Fighting plastic pollution in our oceans 42 BRIDGE THE GAP Loans that help complete your property purchase 08 46 H O M E & AWAY 09 56 Expat? Weatherbys can assist you buying overseas 50 HEALING POWER The man-made material revolutionising surgery 83 DREAM HOME HIRE EDUCATION The country estates opening their doors to film crews A historic reopening of the Perrier-Jouët heritage house PARADISE FOUND 88 CURATED LUXURY Your chance to win a stay at Cobblers Cove, Barbados Need-to-know news for the discerning consumer COMPETITION 94 LOOKING AHEAD What can Weatherbys do for you? AHEAD OF TIMELESS 96 Q&A: MY MONEY MATTERS History has currency for fashion’s heritage brands We meet Cory Fuller of Gladwell & Patterson THOUGHT LEADERSHIP THE FUTURE CAN BE A SCARY, UNKNOWABLE PLACE. SO, LIKE ANYWHERE YOU’RE UNFAMILIAR WITH, IT PAYS TO HAVE A GUIDE. WE’VE ASKED SOME OF THE SPEAKERS FROM WEATHERBYS’ ‘CREATING THE FUTURE’ CONFERENCE TO PUT THEIR THOUGHTS DOWN ON PAPER FOR US HERE. YOU’LL FIND THE FUTURE ISN’T SO FRIGHTENING AFTER ALL 10 11 SHAPING TOMORROW The past year has seen a run of disasters that were natural, but very far from normal. Hurricanes in the Caribbean that flattened entire islands, flooding that drove tens of millions from their homes in Bangladesh, and spectacular wildfires that filled the news with smoke and fury. Inevitably, there are those who link these catastrophes to climate change and those who object strenuously to any connection. You’ll have heard both of these stories. They are old, outdated and tired; yet still they stumble on. In the blue corner are sceptics. Climate change is not happening, they say, or if it is, then humans are not responsible; and anyway it’s just a on climate change today are those of business leftist conspiracy trying to destroy capitalism. In the red corner are leaders. And in the past year the financial environmentalists, saying that the apocalypse is coming, that leaders are sector has begun to wake up both to the risks doing nothing to stop it, and above all that business is the enemy. of financial instability from our warming world, and the bright new investment opportunities In 1532 maestro of change and the original GET TO WORK Both of these narratives contain some truths, but I believe that both that arise in our attempts to deal with it. political scientist Niccolò Machiavelli’s famous are also wrong in the ways that matter most. Climate change is real, it is FUTURIST MARK STEVENSON ASKS US TO HEED political treatise, The Prince, was published. In it largely caused by humans, and it is highly dangerous.