Family Office
In this week’s FB Roundup, Samsung names billionaire family member Jay Y. Lee as executive chairman; Purplebricks founder Michael Bruce sees property portal Boomin go bust and Daniel Kretinsky is cleared to increase his stake in Royal Mail.
Helping the next generation learn leadership skills is possible in a virtual world. But it’s harder and we need to work harder at it, says Mark Essex.
Ahead of Campden Wealth’s European Family Office Forum in London (November 1-2) and the ClimateTech Investing Forum in Lausanne, Switzerland (December 6-7), Fabienne Michaux, director for SDG Impact at the United Nations Development Programme, talks about why family businesses should approach investment through the prism of the UN’s Sustainable Development Goals.
In a tight labour market where talent is scarce, family business should make a virtue of their optionality and flexibility on this issue to attract talent, says Mark Essex.
Despite the many differences among family offices, they all need flexible, cost-effective management of their financial assets. Choosing the right custody model is key to meeting this need, says BNY Mellon Wealth Management.
In this week’s FB Roundup, the Trump family is sued for inflating their net worth by billions; Anders Hedin lines up a takeover of UK car dealer Pendragon; and Crypto billionaire Jihan Wu buys Singapore’s Fort Knox.
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