
Fund selector exits German private bank
Multi-asset fund of funds manager is leaving the firm after five years.

Multi-asset fund of funds manager is leaving the firm after five years.

A well planned, stand-out pitch is imperative, say experts

The COVID-19 crisis hasn’t stopped Fifth Avenue Family Office from executing its strategy. That includes hiring a savvy — yet untested — college athlete to run a new angel fund.

Notably, the new generation of wealthy and high net-worth individuals (HNIs) have been focussing on wealth management and investments through family offices. Globally, as per a Crunchbase research of 2018, 193 family offices made over 1700 venture deals.

Aligning investments to values affords investors a longer-term view, making them a better longer-term fit, qualities that are often sorely lacking in the investment landscape.

A new study by BackBay Communications has found that while family offices remain more discreet in their public-facing activities than traditional asset management firms, many leading family offices have begun to leverage marketing and public relations to create differentiation and build awareness in support of their investment and impact objectives.

George Soros, born in Hungary, emigrated with his family during World War II to the United Kingdom. He is one of the richest men in the world, having his fame based on his bold bets on the foreign exchange market.

The Newtown Chamber of Commerce has pivoted to turn a scheduled in-person symposium into a virtual gathering on Zoom.

There are two extreme situations being noticed currently with regards to funding in the startup sector. While on the one hand, a handful of startups have raised millions from established and reputed names from the corporate world in the time of COVID-19, on the other hand, more than 40 percent of Indian startups and SMEs have run out of cash.

Family businesses with inclusive corporate governance and communication plans designed with the family in mind stand a better chance of persevering across generations, writes Aik-Ping Ng