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NEWS

Family Offices Navigate Data Blackout Amid Government Shutdown

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.

Apr 02
Hedge funds are reportedly reducing ties with the family that owns opioid-maker Purdue Pharma

DeepCurrents Investment Group LLC and Sunriver Management LLC are reducing financial ties with the Sackler family, The Wall Street Jour...

Apr 02
Days after laying off 20% of its workforce, Brookfield-backed Convene furloughs more than half of remaining employees due to coronavirus closures

Convene, the Brookfield-backed shared-spaces company, furloughed 421 employees on Monday, Business Insider has learned. This comes days...

Apr 02
Microsoft is launching a consumer-friendly version of its Microsoft 365 suite, including a version of its Teams chat app to take on Zoom

Microsoft is launching a consumer friendly version of its Microsoft 365 bundle of productivity and collaboration tools. It includes a c...

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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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