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Legal & Financial

Red ensign but Spanish crew member. Labour aspects


It is quite common that our foreign flagged fleet in the Balearics employs Spanish nationals as crew members. In these cases we are often asked if there could be any complications or difficulties with the Administration (mainly with the Spanish Social Security and the Tax Authorities). The first thing we ... Read More »

Ride out the storm

Screenshot 2016-06-07 15.08.13

Evidence shows that holding your nerve during stormy market conditions can pay dividends for investors in the long run.   In 2013 – long before the latest bout of stock market turmoil – a team of behavioural economists at Barclays produced a paper with a highly intriguing title: Overcoming the ... Read More »

Premier FX : Boat Shows & Brexit

Screenshot 2016-05-24 10.12.27

  Well the Palma Boat and Superyacht show has come and gone, and once again it proved to be a big success. Good attendance figures are one such measure of success of course, but more importantly, how does that translate into success for the many exhibitors and visitors over the ... Read More »

The end of the age of oil?


Oil is running out, we all know this, today we are addicted to drilling it processing it and burning it. Without it, the lives that we have come to enjoy and rely on would not exist, and would never have existed. Like the coal that powered the industrial revolution, the ... Read More »

Boat Shows & Exchange Rates


It’s not just the weather on our beautiful island that is starting to warm up, the preparations are well under way in the yachting world for an important event, right in the heart of Mallorca’s buzzing capital: The 33rd Edition of the Palma Boat show, combined with the Palma Super ... Read More »

Hats, canals & creative accounting


  The defining factor of a civilised society is the ability of the strongest to protect the weakest, the fortunate to support the unfortunate and the healthy to look after the sick. It is what separates us from savages, it is the backbone of who we are. All but the ... Read More »

Warning Signs


Guess what, It’s Europe again this month, and apologies in advance, but unless Lehman’s goes bust again It’s difficult to see a bigger or more important issue before the UK’s referendum to exit, or remain a member of the European Union scheduled for the 23rd of June. This might seem ... Read More »

Where should you invest your money and when?


  The modern approach to asset allocation relies on statistical modelling developed over the second half of the 20th century. In particular it relies heavily on the way various asset classes have performed during different economic conditions to attempt to predict the future. It appears to provide a single right ... Read More »