Governance

Nearly half of European family offices are confident in their internal controls and protocols. However, a new report from Campden Wealth in partnership with HSBC Global Private Banking shows that they should not rest on their laurels while cybercrime is on the rise.

In this week’s FB Roundup, Antoine Arnault steps down as Berluti chief executive; Lego heir Sofie Kirk Kristiansen sells $930 million of shares in the family firm; and Jonathan Oppenheimer takes control of Nigeria's leading can manufacturing company.

Campden Wealth in partnership with HSBC Global Private Banking reveal European family offices are increasingly investing in private markets while also considering developed market bonds and equities as attractive options.

The North America Family Office Report 2023 by Campden Wealth and Royal Bank Of Canada reveals that operational costs have been reduced by 22% on the previous year.