A report called ‘Mapping the Location and Assets of the Family Office Ecosystem’ was released by FINTRX. The latter provides data and information on high-net worth individuals and the report provides insight on where these wealthy individuals are investing their funds.
However, real estate investors may find the report hard to digest. They need to be thoroughly assessed, along with their pros and cons as compared to real estate.
Family offices can be a great way to fund or finance the startup you’ve always wanted. In a recent TiE meeting in New Jersey, Vijar Kohli (the cofounder of Golden Door Asset Management in Newark), mentioned that family offices have changed and have paved the way for raising capital and direct investments.
I hear from many people who are wondering what family offices are doing in response to the Covid-19 crisis when it comes to real estate investing. After speaking with many family offices that I know, it appears that their position and willingness to invest in some of the upcoming distressed opportunities is different than it was during the Great Recession.
Real estate, and specifically retail real estate, are taking the biggest hit by the COVID-19 pandemic. The investors are rethinking the ways their assets are allocated within the problematic sector.
COVID-19 pandemic is the best time for team’s performance checkup. Family offices across the globe are pausing to take a look within, before they can begin planning the future.
The Family Office space witnesses merger and acquisition (M&A) activity from time to time. Such activity allows firms to expand into new markets without having to make significant investments in infrastructure and client acquisition. The latest transaction in this sector saw Banque Bonhôte & Cie acquiring Private Client Partners (PCP) for an undisclosed fee.
Wealth managers are typically averse to redeeming mutual funds at a loss. The portfolios of the super-rich in India have been leaning towards the debt amid the uncertainties due to the COVID-19 pandemic in the country.
Offshore jurisdictions have historically been popular places to incorporate investment holding vehicles. The corporate law of offshore jurisdictions is typically flexible and free from the requirement to prepare audited financial accounts. Offshore jurisdictions are also well served by professional service providers such as lawyers, accountants and corporate secretarial providers.
Some of the most fascinating topics covered this week are: Investing (Five levels to become the master investor; Buy-and-hold myth; Green investing has shortcomings), Business (Coronavirus rips a hole in newspapers’ business models; Meet the 13-year-old entrepreneurs), Lifestyle (Why so many smart people aren’t happy) and Geopolitics (Art of war and Sino-Indian business).