Credicorp Capital’s asset and wealth management units suffered a major hit to their profits in Q1 and saw their combined assets fall 9.6% to $26.87bn as a result of the coronavirus crisis.
Hedge fund manager Stanley Druckenmiller told the Economic Club of New York on Tuesday that stock market is historically overvalued.
Particularly in light of our current economic environment, it undoubtedly pays to have a highly efficient workflow. In utilizing the FINTRX family office and data platform, the outdated and lagging methods of prospecting family offices are overcome, allowing you to spend time building relationships and making deals – rather than spending hours researching potential investors.
If you’re in the UK, the lockdown has been lifted, sort of. Following Boris Johnson’s speech last night, citizens are now free to drive a car to work, to hang out on beaches and in parks (from Wednesday), and to meet other people as long as it’s only one at a time and they meet outside and remain two metres apart. Johnson omitted to mention whether bankers can now meet clients too, but he probably didn’t need to: clients don’t want to meet them anyway.
Attitudes to environmental and social roles are changing among owners and investors
Growing desires to preserve family values and legacies are driving forces behind the changing face of wealth management and traditionally structured family offices, explained Envysion’s Jacob Doo, in an interview with finews.asia.
Billionaire investor hits winning bets in global macro after closing to external money.
Fort Worth has established a task force focused immediately on restoring local businesses impacted by the pandemic and strategically targeting growth sectors for the future.
Turf Talk got Racing’s Restructuring Team (RTT) under the chairmanship of Brian Riley to answer questions surrounding Phumelela’s Business Rescue, the Post Commencement Finance, the continued involvement of RA directors and the immediate future of racing.
To get an overview of what the Travel and Tourism industry looked like before this unprecedented disruption, we’ve compiled a list of the top 10 Largest Travel and Tourism Businesses in the World, arranged in order of 2018 total revenue. Two of the ten on our list are family-owned.
