Managers of Wealth

Billion-dollar family office on expansion trail

Singapore-based Thirdrock is launching an FX-focused hedge strategy, buying into a corporate finance boutique and a hedge fund seeding platform, and eyeing a Hong Kong presence.

Close Brothers Asset Management launches the Family Business Club

The service will provide support and networking opportunities for family businesses with a programme of tailored regional seminars, conferences and networking events. These will be supported by the Family Business Insight LinkedIn Group.

Sackler Family Office Invest In Alternative Mutual Fund

The Balter Capital Management fund promises much lower fees than traditional hedge funds by pooling up to five hedge funds with a similar need for additional assets.

Family Offices Face Growing Squeeze

Talent troubles, capital needs, profitability problems and competitive threats loom as the biggest concerns for family offices this year.

Miami’s rebound attract family offices, hedge funds and high net worth

The city of Miami has evolved impressively since the 2008 economic depression into a very dynamic and sustainable city.

Pictet exec questions multi-family model for Asia

The single-family office model is more likely to be successful in the region, says Grégoire Imfeld of Pictet & Cie. But there is evidence of multi-family offices thriving.

Family Office Seeds Alternative Mutual Fund With $100M

One major hedge fund investor is taking a big shot at a lower-fee alternative.

PwC to build up family office service

Hair was at Turcan Connell Asset Management from 2004 until November 2013, most recently holding the roles of executive director and head of financial planning.

4 Key Ways to Help Wealthiest Families

How can family offices and financial advisors help wealthy families maintain their fortunes?

SAC’s Schiffrin Said to Quit as Cohen’s Firm Turns Family Office

Andrew Schiffrin, who traded industrial stocks at SAC Capital Advisors LP, quit as billionaire founder Steven A. Cohen is turning the firm into a company managing his personal wealth

Managing Family Offices … Risky Business?

How directors and officers can mitigate the liability stemming from their fiduciary duties

Vistra acquires HVK Family Office Services in the Netherlands

Founded in 2011 by a group of former PwC professionals, HVK is an independent consultancy firm in the areas of Tax Advice, Tax Structuring, Family Office Services, Legal & Notarial Services and Financial Advisory Services.

FOX Publishes Guide to Creating and Running a Family Office

The guide documents the challenges faced by families who wish to manage their wealth collectively for the long-term and provides a look inside today's family office.

Campden Celebrates the Middle East's Top Philantthropist And Foundations For 2013

CampdenFB received more than double the number of nominations for this year’s awards than in 2012, coming from more than half a dozen countries across the Middle East.

SAC Reaches Deal to Sell Reinsurance Firm

The billionaire trader Steven A. Cohen is one step closer to converting his onetime $15 billion hedge fund into a family office after a tentative deal to sell a reinsurance firm he formed in 2012.

From Hedge Fund to Family Office

There are a number of reasons for this and one that’s at the top of the list is the increasing regulatory environment.

Most Single-Family Offices Lack Succession Plans

There are many indications as to the growth in number as well as the wealth controlled by single-family offices.

Premji Family Office Mulls E-Commerce Deal

The website, headquartered in Bangalore, was founded in 2007 and is now India’s largest online fashion and lifestyle store, with annual revenues of $120 million.

It's a family affair

If you want an example of what it takes to manage vast wealth, take a look at John D Rockefeller.

GenSpring Expands Family Governance and Education Structure as Demand for Services Increase

All governance and education team members are highly trained in a wide-variety of skills, including family systems, family dynamics, family communication, and meeting facilitation.