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Longueville Manor Hotel & Restaurant is delighted to introduce their new General Manager, Daniela Corasaniti.

Daniela is a familiar face to guests of the hotel as she joined the Longueville Manor family 15 years ago as a receptionist. Inspired by the passion and dedication of her colleagues, she embraced opportunities to expand her skills within different areas of the business, including marketing and sales.

From the beginning of her time at Longueville Manor, Daniela knew she was part of something special and credits the team as being the secret of the hotel’s success. She said: “In hospitality, it’s common to move around a lot and not stay in the same hotel for too long but that’s not the case here. Even after 15 years, I am still relatively new compared to some of the team who have been with the hotel for 30 or 40 years. We get to know the guests and we’re always excited to catch-up with them when they return.”

In her new role as General Manager, Daniela will be ensuring the smooth operations of the luxury hotel and maintaining the high standards of Longueville Manor and the Relais & Châteaux hotel group. This new level of responsibility doesn’t faze Daniela, and she is optimistic about overcoming new challenges in 2025. She explained: “We will always uphold Longueville Manor’s traditional values but it’s also crucial that we grow and evolve, particularly during this challenging time for the hospitality industry.”

Malcolm Lewis, owner of Longueville Manor Hotel & Restaurant, is confident that Daniela can build on the accomplishments of the hotel’s 75^th Anniversary celebrations which saw them achieve three prestigious accolades. He said: “We had an incredible year last year but it’s important not to become complacent, and Daniela is as passionate as I am about the continued success of Longueville Manor.”

UBS is pleased to announce its partnership with Beresford Street Kitchen (BSK), making a significant step towards fostering a diverse and inclusive workforce in Jersey. This collaboration underscores UBS’s commitment to supporting local communities and driving positive change.

Tobias Wehrli, CEO and Country Head at UBS Jersey, said: “We’re looking forward to working closely with BSK to help them achieve their mission of providing quality education, training, and employment opportunities for individuals with learning difficulties and autism. Our shared vision for inclusivity makes this partnership a perfect fit.”

Beresford Street Kitchen’s CEO, Gabby Ellmers, shared her excitement about the collaboration with UBS. She said: “We’re so grateful to UBS for choosing us as their charity partner and we’re excited about the prospect of enhancing and expanding our BSK Academy with their support. It’s been a challenging time for all charities – we’re facing uncertain times due to increased costs and reduced funding. However, we’re optimistic that with the generosity of the public and the support of corporate partnerships, we can continue to develop our valuable programmes that allow people with learning disabilities and/or autistic people to reach their independence and employability goals.”

To celebrate the launch of this partnership, BSK served drinks and canapés at the Jersey Bankers Association’s JBA 2.0 networking event, hosted by UBS on 28 January. This event provided an opportunity for young talent in the finance sector to learn from industry experts, share insights, and discuss the future of banking in Jersey. Both UBS and Beresford Street Kitchen look forward to collaborating on more events and employee volunteering initiatives throughout the year.

Hettich celebrates 125 years with new flagship store

Since 1900, the family run jewellery business has proudly occupied 1 King Street and now the Hettich name is embellished on another historic building in the heart of St. Helier.

Facing the current site, the new flagship store at 2-4 King Street has facilitated the restoration of the landmark building that has laid empty since the closure of Burton in 2020. Hettich has honoured the building’s history with a stunning and luxurious new interior and an Art Deco style across its showroom to reflect the original 1930s architecture.

The opening of the new premises on 1^st February marks the start of an expansion programme and a new chapter for the Hettich family business. Managing Director, Jeffrey Chinn, is excited about the next big step for the jewellers and what their new store will offer. He explained: “Our new building is going to deliver a level of customer service excellence that has never been seen in Jersey. The ground floor will be dedicated to Patek Philippe and Rolex, which will have its own VIP area, complete with service centre and bar. The first floor will have a beautiful jewellery showroom featuring some exciting new brands.”

The move to a larger retail space does not mean that Hettich will vacate their premises at 1 King Street, which has housed the family business for 125 years. Nick Chinn, Director and brother of Jeffrey, shared what prompted the change. He said “We love our existing building, but we have outgrown it and it simply does not have enough space. However, it would be impossible to say goodbye to 1 King Street as it has been home to four generations of our family. Going forward we will continue to operate there with a gentle refit coming later.”

Recent years have seen the closure of many high street shops which has resulted in a number of empty buildings. Hettich’s presence in St. Helier is a key part of the town’s history so the Chinn family are passionate about investing in the high street and enhancing Jersey’s retail offering. Jeffrey said: “We are confident in the future of St. Helier as a vibrant destination and Jersey as a beautiful island. Hettich is particularly honoured to have such a special place in the retail industry here. We can’t wait to welcome everyone to our new store – we’re sure the community will find it quite spectacular.”

Leading Channel Islands project management and business consultancy, CBO Projects, is delighted to announce that Senior Consultant, Cheney White, has become the third team member to achieve Chartered Project Professional (ChPP) status with the Association for Project Management (APM).

The APM is the only chartered membership organisation dedicated to project professionals, and its coveted Chartered Status is awarded to individuals who have demonstrated an exceptional level of technical knowledge, professional practice and ethical behaviour.

Cheney shared her joy at receiving this accolade: “It’s feels fantastic to have your work validated and recognised by your peers. I’m so grateful to the APM and to CBO for all the support and encouragement they have given me.”

She has a wealth of experience leading a wide variety of projects across the globe and since joining CBO Projects in 2024 has been project managing major transformation initiatives at a Channel Islands based utilities firm and a national insurance company.

Dom Ash, CBO Director, highlighted Cheney’s dedication and impact, stating: “Cheney has made a significant difference to both CBO and her clients. Her ability to tackle challenges head-on and deliver meaningful results makes her an essential part of the team. We’re delighted for Cheney and her well-deserved new recognition, and we’re so proud to now have three Chartered Project Professionals at CBO.”

The APM has also awarded Chartered Status to CBO Directors Alastair Bisson and Ed Mason-Smith, who has continued to collect accolades from the organisation. Ed won the Chartered Project Professional of the Year Award in 2023 and last year received the prestigious APM Fellowship for his significant contribution to the project profession.

CBO is passionate about investing in the personal and professional growth of the team and believes it is fundamental to their success. Dom Ash explained: “Supporting our team to achieve Chartered Status demonstrates our commitment to these values and gives our clients confidence that team members will deliver change using the highest standards of project management practice.”

About CBO Projects

CBO has clients across Guernsey, Jersey, the UK, and beyond. They specialise in change management, project services, risk and regulatory services, and business analysis across a wide range of sectors, including Finance, Utilities, Government, Legal, Insurance, and Retail.

You can find out more about CBO Projects here: www.cboprojects.com

• The UBS Billionaire Ambitions Report, in its 10^th year, is the longest-running and most comprehensive wealth management study of the current era of billionaire wealth.
• Billionaires have outperformed global equity markets over the past 10 years, with their total wealth increasing 121% to USD 14 trillion from USD 6.3 trillion.
• The number of billionaires increased to 2,682 from 1,757 over the past 10 years.
• US billionaires accrued the greatest gains in 2024, reinforcing the country’s place as the main center for billionaire entrepreneurs worldwide.
• The wealth of tech billionaires increased the fastest, followed by those in industrials.
• Since 2020, consolidation among China’s billionaires has slowed the global growth trend.
• Billionaires are relocating more frequently, with 176 having moved country since 2020.

Baby boomer billionaires’ heirs and philanthropic causes are set to inherit an estimated USD 6.3 trillion over the next 15 years.

Jersey, Channel Islands, 5 December 2024 – UBS today announced the launch of the 10^th UBS Billionaire Ambitions Report, which tracks the wealth of more than 2,500 billionaires across the Americas, EMEA and APAC, focusing on the last 10 years. The bank also conducted an online survey of the views of a sample of UBS billionaire clients across the world’s main regions.

“For 10 years, the report has been chronicling the growth and investment of great wealth, as well as how it’s being preserved for future generations and used to have a positive effect on society,” said Benjamin Cavalli, Head of Strategic Clients at UBS Global Wealth Management. “This anniversary edition looks back over the report’s discoveries of the past 10 years to identify the key developments in billionaire wealth.”

Global wealth creation flatlines

Between 2015 and 2024, total billionaire wealth increased by 121% globally from USD 6.3 trillion to USD 14.0 trillion. By comparison, the MSCI AC World Index of global equities rose 73%. During this time, the number of billionaires increased from 1,757 to 2,682. The peak was reached in 2021 with 2,686 billionaires. Since then, it has remained flat.

From 2015 to 2020, billionaire wealth grew globally at an annual rate of 10%. Since 2020, growth has stalled at 1%. But that number masks continued expansion in the US, EMEA and parts of Asia, most notably India.

Over this time, the impact of Chinese billionaires’ dynamism and consolidation has been clear. Chinese billionaire wealth more than doubled from 2015 to 2020, rising from USD 887.3 billion to USD 2.1 trillion. Since then, it has fallen to USD 1.8 trillion. Even so, the overall number of billionaires remains stable.

By contrast, North American billionaire wealth has continued to accumulate. From 2015 to 2020, North American billionaires’ wealth increased from USD 2.5 trillion to USD 3.8 trillion. And from 2020 to 2024, it rose 58.5% to USD 6.1 trillion, led by industrials and tech billionaires.

In Western Europe, wealth accumulation has slowed slightly since 2020 against a backdrop of higher interest rates. It rose from USD 1.5 trillion to USD 2.1 trillion from 2015 to 2020, before increasing to USD 2.7 trillion by 2024, led by tech billionaires in fields ranging from software to messaging and music streaming.

Tech entrepreneurs

While regional differences have emerged in the past 10 years, tech entrepreneurs have played a steadily increasing role across the global economy. That has resulted in tech billionaires’ wealth growing the fastest of any sector, tripling from USD 788.9 billion in 2015 to USD 2.4 trillion in 2024.

In earlier years, the new billionaires commercialized e-commerce, social media and digital payments; more recently they engineered the generative AI boom, while also developing cybersecurity, fintech, 3D printing and robotics. Industrials billionaires increased their wealth from USD 480.4 billion to USD 1.3 trillion as nations invested to sharpen their competitive edge, especially in the green economy, to deal with demographic challenges and to support the economic trend of reshoring. Industrial policy interventions are benefiting technologically advanced businesses like aerospace, defense and electric vehicles.

The sector lagging all others is real estate. Real-estate billionaires performed in line with the broad universe until 2017 but have lagged since then, possibly due to a combination of China’s property correction, the Covid-19-induced upheaval in parts of commercial real estate and higher US and European interest rates.

Equities, real estate, gold

Billionaires’ views on asset classes are shifting at a time when interest rates appear to be starting an easing cycle in the US and Europe, which may underpin economic growth. Over the next 12 months, 43% of billionaires intend to increase their exposure to real estate and 42% to developed market equities. At the same time, though, they’re increasing investments in perceived safe havens. The survey found that 40% intend to increase gold / precious metals exposures over 12 months and 31% cash. This could reflect fears of heightened geopolitical risk and equity market valuations.

When it comes to alternative assets, billionaires continue to invest – most likely for diversification – yet with some changes. While 38% still intend to increase their direct private equity holdings, only 28% plan to raise private equity funds / funds of funds holdings, with 34% planning to decrease them. Twenty-six percent intend to increase investments in infrastructure and more than a third (35%) in private debt. At the same time, hedge funds are looking less popular, with 27% intending to decrease investments and 23% looking to increase them. Thirty-two percent of billionaires said they plan to increase their exposure to arts and antiques. That compares with 11% in the previous year.

Billionaires on the move

The Covid-19 pandemic was a wake-up call for a lot of people and led them to reassess their lives. Billionaires were no exception. With homes, family and businesses spread across different countries, billionaires have always relocated. However, since 2020, they’ve moved more frequently, with 176 having moved from a total population of 2,682 in April 2024. That’s one in 15.

They’re moving to countries such as Switzerland, the UAE, Singapore and the United States. In total, billionaires accounting for more than USD 400 billion have emigrated in four years, with the MEA region attracting the most billionaire capital.

Big regional differences

US billionaires accrued the greatest gains in 2024, reinforcing the country’s place as the main center for billionaire entrepreneurs worldwide. Their wealth rose 27.6% to USD 5.8 trillion, accounting for more than 40% of billionaire wealth worldwide. The number of US billionaires increased 11.2% to 835. There were 101 new US billionaires, while 20 individuals saw their wealth drop below a billion.

Central and South America’s billionaires also had a good year. In Brazil, 19 new billionaires lifted the total to 60, and wealth increased 37.7% to USD 154.9 billion. Overall, Central and South America’s billionaires advanced their wealth by 20.8% to USD 411.4 billion, while their number grew from 74 to 92.

Across the Americas region, the number of billionaires grew from 867 to 973 and their wealth increased 26.9% to USD 6.5 trillion.

In the APAC region, the picture was mixed. Billionaires’ wealth from Mainland China and Hong Kong SAR fell 16.8% to USD 1.8 trillion, while the number dropped from 588 to 501. In a market with a high rate of billionaire churn, 138 people’s wealth fell below a billion, while 53 individuals became billionaires.

Elsewhere in the APAC region, Indian billionaires’ wealth increased 42.1% to USD 905.6 billion, while their number grew from 153 to 185. Forty people became billionaires against the backdrop of rising equity prices and rapid economic expansion. In the APAC region, growth in billionaire wealth flattened, increasing 1.8% to USD 3.8 trillion. The number of billionaires fell from 1,019 to 981.

In EMEA, Western Europe’s total billionaire wealth rose 16.0% to USD 2.7 trillion, partly due to a 23.8% increase in Swiss billionaires. The number of Western European billionaires climbed from 456 to 495.

Within the Middle East and Africa, UAE billionaires’ aggregate wealth rose 39.5% to USD 138.7 billion, with the number of billionaires growing by one to 18. In total, EMEA’s billionaire wealth grew 17.0% to USD 3.7 trillion, with the number of billionaires increasing by 70 to 728.

The year’s new billionaires were mainly self-made. People becoming billionaires for the first time numbered 268, with 60% of them entrepreneurs. That reverses the position in last year’s report when most new billionaires were multi-generational billionaires inheriting money. As the great wealth transition gains momentum, though, the proportion of multigenerational billionaires is forecasted to increase.

What’s ahead

Looking to the next 10 years, billionaires face an uncertain world. It’s clear that governments must balance fiscal rectitude with mounting spending requirements, particularly in countries associated with ageing populations. At the same time, geopolitical tensions will remain high, with ongoing barriers to international trade. Against this backdrop, billionaire entrepreneurs will need the distinctive traits identified as key to their success in a previous issue of this report: smart risk-taking, business focus and determination.

Learning from the past 10 years of this report, risk-taking billionaires are likely to be at the forefront of creating two technology-related industries of the future already taking shape: generative AI and renewables / electrification. This year’s report shows how tech’ CEO founders are already leading the way, pursuing their visions with high conviction and an appetite for risk.

In a world where billionaires’ families are more complex and mobile, wealth planning will continue to evolve. It will continue to stress simplicity that allows for the flexibility required by multilayered families living around the world, who may choose to move country from time to time. But there will also be a sharper focus on the needs of individual family members, recognizing that everyone has different strengths and ambitions. Family governance will remain key, especially involving the next generations.

In the 10 years of the study, multigenerational billionaires have inherited a total of USD 1.3 trillion. This amount understates the total inheritance as many heirs have not themselves become billionaires. Looking forward, we calculate that billionaires aged 70 or more will transfer USD 6.3 trillion over the next 15 years, mainly to families but also to chosen causes. That is a significant increase from the 2023’s estimate of USD 5.2 trillion over 20 – 30 years, due to asset price inflation and the ageing of billionaires.

Learn more and download the report, here.

About the UBS Billionaire Ambitions Report 2024

This is the tenth report from UBS focusing on billionaire wealth and ambitions. UBS conducted an online survey of billionaire clients booked in Switzerland, Europe (excl. Switzerland), Singapore, Hong Kong, and the United States between 18 June and 30 September 2024. The total sample size was 82 respondents. Separately, PwC has tracked the wealth of more than 2,500 billionaires across the Americas, EMEA and APAC (47 markets), focusing on the 10 years to 2 April 2024. The results of our research have been analyzed by UBS subject matter experts.

About UBS

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. With the acquisition of Credit Suisse, UBS manages 5.7 trillion dollars of invested assets as per the fourth quarter of 2023. UBS helps clients achieve their financial goals through personalized advice, solutions, and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

UBS AG

Longueville Manor Hotel & Restaurant is continuing to celebrate its 75^th Anniversary by adding yet another coveted accolade to its collection, the latest in a trio of awards received this year.

Longueville Manor is one of 580 luxury hotels across the globe that form the esteemed Relais & Châteaux hotel group, and it was the sole Channel Islands member that was handed the Heritage Trophy at the group’s recent annual conference in Paris. This award, sponsored by Tattinger, recognised the Jersey hotel for its passion for hospitality, collective expertise and exceptional service. It also noted the longevity of Longueville Manor’s team and praised the diversity of its talent, as well as the commitment of its longest serving members in passing on their expertise to the next generation.

The Relais & Châteaux Heritage Trophy follows another momentous achievement for Longueville Manor, as it became the first Channel Islands recipient of a Michelin Key in October. The Michelin Key recognises the most outstanding hotels in the same way that the Michelin Star identifies the crème de la crème of restaurants.

The AA guide also ranks Longueville Manor amongst the top hotels in the UK, presenting it with the highest rating of 5 Red Stars this year, and every year since 2008. It is the only hotel in the Channel Islands to achieve this top rating, along with the 3 AA Rosettes awarded to its renowned restaurant.

Longueville Manor owner, Malcolm Lewis, reflected on such a successful year for the hotel: “We are overjoyed to have received such incredible recognition, and these awards have made our 75^th Anniversary even more special. I cannot be prouder of our loyal team and our success is a reflection of their passion, dedication and exceptionally high standards. It is an honour to be a member of Relais & Châteaux hotel group, so we were delighted to be chosen for the Heritage Trophy for preserving the traditions of hospitality.”

Rather than taking time to enjoy this year’s achievements, Mr Lewis is keen not to get complacent. He added: “Now it’s time to look forward, continue to challenge ourselves and reach new heights, and we’re very excited about the future of Longueville Manor Hotel & Restaurant.”

The largest survey of its kind to date, the report reveals insights into buyer behaviors in 14 global markets, and the transfer of wealth between generations of HNWIs, against a backdrop of challenging market conditions

The Art Basel and UBS Survey of Global Collecting 2024 by Arts Economics reveals insights into high-net-worth individuals’ (HNWIs) attitudes and behaviors in 2023 and the first half of 2024. Authored by cultural economist Dr. Clare McAndrew of Arts Economics and conducted in collaboration with UBS, the survey examines HNWIs’ spending, event attendance, motivations for collecting, and their interactions with artists, galleries, and institutions. Echoing insights from the UBS Global Wealth Report 2024, which projects a USD 83.5 trillion wealth transfer over the next 20–25 years, the survey also investigates the transfer of wealth between generations of HNWIs and how collectors are preparing to inherit and gift works of art.  This 2024 survey, the largest to date, gathered responses from over 3,660 HNWIs in 14 markets including Brazil, France, Germany, Hong Kong, Indonesia, Italy, Japan, Mainland China, Mexico, Singapore, Switzerland, Taiwan, the United Kingdom, and the United States.

Clare McAndrew, Author and Founder, Arts Economics, said: ‘HNWIs continue to play a vital role in the art market in 2024. Findings from this survey align with our broader market research, revealing consistent and robust activity levels, but with a noticeable decline in average spending levels by value. The HNWIs we surveyed were transacting through a more diverse range of channels and price points in 2023 and 2024, engaging with more galleries than in previous years, including more new galleries. These changes are likely to contribute to the ongoing shift in focus away from the narrow high-end of sales that has dominated in previous years, potentially expanding the market’s base and encouraging growth in more affordable art segments which could provide greater stability in future.’

The key findings include:

• Signs of stable spending: The median expenditure on art and antiques by HNWIs surveyed for the first half of 2024 (at USD 25,555), if indicative of the level for the second half of the year, could reflect a stable annual level of spending.
• Strong return in spending post-lockdown in Mainland China continues: The 300 HNWIs surveyed from Mainland China reported the highest median expenditure of all respondents on art and antiques in 2023, as well as the first half of 2024 at USD 97,000. This figure was more than double that of any other region surveyed in the first half of the year, and followed by France (USD 38,000), Italy (USD 32,000), the UK (USD 31,000) and Hong Kong (USD 28,000).
• Evidence of the global wealth transfer: 91% of HNWIs had works in their collections that were inherited or gifted through a will or other bequest, and 72% had kept at least some of them. Despite the much-discussed issue of changing tastes across generations, less than one-third of millennial and Gen Z respondents cited a lack of fit with their collections as a reason for selling or donating inherited works.
• Collecting from new galleries: HNWIs demonstrated a strong willingness to buy from new galleries in 2023 and 2024, with 88% of those purchasing from dealers buying from at least one new gallery.
• Support for new and emerging artists: HNWIs allocated 52% of their expenditure to works by new and emerging artists, with 21% on mid-career, and 26% on those by established artists (the majority of which were living artists).
• Gen X demonstrates the highest average spending: Gen X respondents had the highest average spending in 2023 (USD 578,000), and their lead continued in the first half of 2024, with levels over a third higher than millennials and double that of Gen Z and older generations.
• Reduction in impulse buying and rise in collecting female artists: Impulse buying decreased from 10% in 2023 to 1% with respondents favoring background research ahead of buying. The share of works by female artists in the HNWI collections surveyed reached a seven-year high with a ratio of 44% versus male artists’ works.
• HNWIs stay optimistic in a complex market: Spending in the first half of 2024 showed signs of stabilizing, and 91% of HNWIs surveyed were optimistic about the global art market’s performance in the next six months, up from 77% at the end of 2023

Paul Donovan, Chief Economist, UBS Global Wealth Management said: ‘After a downturn, global wealth has rebounded in 2023. This is reassuring for the global art market, which has shown continued resilience in the face of uncertainty. UBS Global Wealth Report 2024, reveals over USD 84 trillion, is expected to change hands during the next two decades. As the great wealth transfer gains momentum, we will see partners, spouses and children take on collections and become collectors themselves. These new collectors will bring fresh perspectives, often adopting new strategies that are more purpose-led.’

Noah Horowitz, CEO, Art Basel, said: ‘This year’s Art Basel and UBS Survey of Global Collecting shows that the drop in average spending among millennial HNWIs was driven by reduced activity from high-end buyers, reflecting a broader market shift. Despite this, median spending in 2023 and the first half of 2024 remained solid, with a growing focus on new and emerging artists, and art-related event attendance surpassing pre-pandemic levels. As a global business, we recognize the challenging market context and remain committed to fostering new and innovative ways for the next generation of collectors to connect with our galleries and their artists—both at our shows and beyond.’

Links

The full report is free to download at ubs.com/artmarket.

About Arts Economics & Clare McAndrew

Arts Economics is a research and consulting firm focused exclusively on research and analysis of the fine and decorative art market for private and institutional clients. The company was founded by Clare McAndrew in 2005. Dr McAndrew is a cultural economist who specializes in the arts, antiques, and collectibles markets. She completed her PhD in economics at Trinity College Dublin in 2001, where she also lectured and taught economics for four years. In 2002, Clare joined US firm Kusin & Company, a boutique investment banking firm specializing in art investment, as chief economist. After three years in the United States, Clare returned to Europe in 2005, and continued her work in the art market in a private research and consulting capacity for a global client base. She set up Arts Economics in 2005 to focus her efforts on art market research and analysis and works with a network of private consultants and academic scholars in different regions around the world providing research and consulting services to the global art trade and financial sector.

About UBS & Contemporary Art

Global Lead Partner of Art Basel, UBS has a long history of supporting contemporary art and artists. The firm has one of the world’s most important corporate art collections. UBS seeks to advance the international conversation about the art market through its global lead partnership with Art Basel, and as co-publisher of the ‘Art Basel and UBS Global Art Market Report’ and the ‘Art Basel and UBS Survey of Global Collecting’. UBS also supports some of the world’s most important arts institutions, events, and fairs. Through UBS Art Advisory & Collecting, UBS provides UHNW clients and their family offices impartial advice and execution services across the whole lifecycle of a collection, from strategic development and governance to making an impact through cultural philanthropy and the transition of collections into the next generation.

About Art Basel

Founded in 1970 by gallerists from Basel, Art Basel today stages the world’s premier art shows for Modern and contemporary art, sited in Basel, Miami Beach, Hong Kong, and Paris. Defined by its host city and region, each show is unique, which is reflected in its participating galleries, artworks presented, and the content of parallel programming produced in collaboration with local institutions for each edition. Art Basel’s engagement has expanded beyond art fairs through new digital platforms and new initiatives such as the Art Basel and UBS Global Art Market Report. Art Basel’s Global Media Partner is The Financial Times. For further information, please visit artbasel.com.

On 30 November, The Jersey Lifeboat Association (JLA) is holding their first fundraising ball with the theme of ‘Save Our Souls’, but it’s not what you might think.

The event, aptly held at The Royal Yacht, has all the usual ingredients of your glitzy fundraiser; a three-course meal, live entertainment and raffle prizes, and yet the JLA wanted to add a splash of colour to this black-tie event.

The JLA wanted to create a unique event that was full of fun and celebration, so they drew inspiration from a Mexican festival for the theme. The ‘Save Our Souls’ dinner will pay homage to the Autumnal Mexican tradition that sees friends and family come together to celebrate the souls of their loved ones.

Simon O’Donoghue, Chairman of the Jersey Lifeboat Association, said “We’re really excited about hosting our first ball and hope it will become an annual event. We wanted to add a fun and colourful twist to the usual black-tie fundraiser and create an unforgettable evening which, most importantly, raises money for the JLA.”

The third sector has seen a rapid decline in donations which has forced some local charities to scale back their operations and others to close their doors completely. Fundraising is now more important than ever to keep the Island’s charitable organisations afloat and ensure that they continue to provide vital services to the people of Jersey. Mr O’Donoghue wants to highlight the importance of providing a year-round lifeboat service to our small island community. He explained: “Our local crew’s knowledge of our waters is unsurpassed and, with a locally controlled lifeboat station and the fastest rib in the UK, we are always on hand to help Islanders who need help at sea and ultimately save lives. To ensure that we can continue and weather any storm, we need your support.”

If you want to support the Jersey Lifeboat Association by attending the ‘Save Our Souls’ fundraising event, you can find out more and book tickets here: https://lifeboat.je/event/halloween-party-24/

About Jersey Lifeboat Association

The Jersey Lifeboat Association (JLA) has been established since 2 February 2018 as a charity with the main aim of saving lives, promoting safety and providing relief from disaster, in relation to the coastal waters of the Island of Jersey. The JLA is a member of the National Independent Lifeboat Association which provides support and full training to the Jersey lifeboat crew of 28 local volunteers.