Perspectives - Investing across generations
Many of the major issues swirling around wealth management are really about family wealth. This being the case, the latest issue of ‘Perspectives’ examines the role of family wealth and the big challenges currently facing family wealth managers in a world undergoing profound transformation.
This issue looks at some all-round solutions to the complex issues facing custodians of family wealth. With a particular focus on family businesses, we discuss the importance of proper governance—especially when it comes to wealth transmission. We also map out the importance for families to develop a structured approach to managing separately families’ personal wealth and business wealth. We examine how family-controlled businesses’ focus on continuity and the long term mean they consistently deliver superior returns and the role family-owned businesses play in the global for sustainable development. This issue of ‘Perspectives’ also shines the spotlight on developments in family wealth management in Asia and the changing face of family philanthropy.