Family Office
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Where Billionaire Family Offices Placed Their AI Bets in November
Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.
Jul
02
John Paulson Converts His Hedge Fund Firm to a Family Office
When it comes to hedge funds, John Paulson is among the most popular names in the industry. The big-name money manager came into the limelight during the 2008 global financial crisis when he emerged as one of the winners of the economic meltdown.
Jul
01
Super-Rich Holding More Debt in Portfolios Amid the COVID-19 Jitters
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.
Jun
30
Voices Art of Accounting: Developing a niche or specialty
It is important to develop a specialty, but it needs to be balanced with the needs of the practice and your interests. In this age of specialization and niche expertise, being a generalist is a negative to most people, indicating a lack of competency in an area. When someone professes to be an “expert” in […]
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It wasn’t until the 1980s that family offices started to multiply, first in the US, then elsewhere. It was around that time that the wealth held by families began to grow at a significantly faster rate.
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