Category: Family Offices

Family Office News

Industry Insights

Morning Coffee: Bankers fear becoming super-spreaders if business travel returns. The new best hedge funds to work for are not hedge funds

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.

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Family Offices

Dream Team – Can They Do It?

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.

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Business

Top Ten Largest Travel and Tourism Businesses

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.

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Family Offices

Having Your Cake And Eating It Too—Self-Settled Trusts

A self-settled trust, as it is referred to in the estate planning community, is generally an irrevocable trust that allows the creator (commonly referred to as the “settlor” or “grantor”) to be one of the beneficiaries, while providing many of the same benefits applicable to trusts where only family members are beneficiaries. Such benefits include building wealth outside of the taxable estate of the settlor, multi-generational planning, protecting family wealth from any potential future creditors and consolidating wealth management.

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