The ongoing U.S. government shutdown has disrupted the flow of vital economic data, leaving family offices without many of the indicators they rely on for investment decisions. With no updates on unemployment, trade, or commodities figures, investors are turning to corporate earnings and alternative data sources to gauge the health of the economy.
Bengaluru-based ed-tech startup iNurture Education Solutions Pvt. Ltd, a provider of formal higher education programmes in India, has raised $4 million (Rs 30 crore) from Kimera Ltd, a Dubai-based family office.
Winnipeg-based Howe Harrell & Associates (HHAA) has teamed up with Purpose Advisor Solutions (PAS) to enable the financial well-being of its families, corporations, and trust clients.
Virtualisation, alongside the increasing use of data and digital functionality and services, is vital to future-proofing the family office. This has never been more apparent than now, when advisers must manage complex relationships remotely, and at a time when investors everywhere face significant challenges, says Yaela Shamberg.
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