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.
According to Coldwell Banker, American millennials will soon be the wealthiest generation by 2030, inheriting about $68 trillion from their parents. However, this transfer has complications in store for family offices, leaving them to figure out millennial’s investment interests and technological preferences. Apart from this, it also presents opportunities for family offices to change how they manage, invest, use, and share money.
If there’s one financial strategy that’s never failed me, it’s cashflow banking. I wrote about this strategy in my book What Would Billionaires Do?, but the basic premise is: start earning interest instead of paying it, cut out the middleman (the bank), and have access to your money before 59½, along with a multitude of other benefits.
Large family offices are veering towards private equity investment during the economic turmoil caused by the coronavirus pandemic, a new study and interviews with family office CIOs reflects.
Legacy planning is a sensitive topic for anyone, and the world’s affluent aren’t an exception. Here we’ve gathered five key succession planning tactics observed from the UHNWI worldwide.
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.
Experts say that Singapore’s significance is very likely to grow from being region-specific to global. Today we explore what makes the city-state the next preferable center for family offices and UHNWI.
Alvarium Investments, a global Multi-Family Office and investment company based in London, branches out to Italy through their brand-new Milan office. This expansion opens a whole set of opportunities for families, foundations and institutions across the region.
Socially responsible investing is the need of the hour. This is because it enables investors to put their money in the right places. There are three major factors that socially-responsible investors focus on – Environmental, Social, and Governance (ESG).
