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Goldman Sachs: Family Offices Poised to Move Cash Into Risk Assets

Geopolitical tensions remain the dominant worry for family offices globally — and many expect this risk to rise — but that is not stopping them from putting more capital to work, according to Goldman Sachs’ latest Family Office Investment Insights report.

May 17
Ashcroft Partnership LLP launched as successor business to Cambridge office of BKL

Ashcroft Partnership LLP has been launched as the successor business to the Cambridge office of BKL, following a demerger. Focused on business and tax advice, corporate finance and private client services, the 40-strong team in the office have transferred over to Ashcroft following the partner buy-out.

May 17
THE OWNER OF SOUPLANTATION AND SWEET TOMATOES FILES FOR CHAPTER 7 BANKRUPTCY

Garden Fresh Restaurants, the owner of buffet-centric chains Souplantation and Sweet Tomatoes, has filed for Chapter 7 bankruptcy protection as the company opts to liquidate its assets and close its doors for good.

May 17
Edward Jones: How We’re Adapting to the COVID-19 ‘New Normal’

No organization could have anticipated the unprecedented global implications of COVID-19. The swift and relentless nature of the pandemic impacted the global economy in ways not seen during previous crises. Businesses across all industries were faced with critical decisions as they executed business continuity plans.

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It wasn’t until the 1980s that family offices started to multiply, first in the US, then elsewhere. It was around that time that the wealth held by families began to grow at a significantly faster rate.

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