Governance
An increased consideration of environmental, social and governance (ESG) factors, innovations in technology and a next-gen-driven desire to do better for the world are seen as motivating factors for family offices increasing their commitment to sustainable investment, according to Campden Wealth and Raffles Family Office’s Asia-Pacific Family Office Report 2022.
Campden Wealth and Royal Bank Of Canada reveal North American family offices outperformed their global peers in the new North America Family Office Report 2022. Despite a reduction in investment risk, family offices remain committed to private equity and new technologies.
In this week’s FB Roundup, the billionaire Hinduja brothers call a truce on their family feud: Jeff Bezos pledges to give most of his money to charity; and Sam Bankman-Fried’s net worth is decimated after FTX crashes.
As a report analysing the environmental impact of the top UHNW investments is released during COP27, should a wealth tax be imposed or is the blame being misdirected?
In this week’s FB Roundup, Lord Alli is named as chairman of Marwyn Acquisition Company; a three-member CEO board is announced to lead Red Bull after the death of co-founder Dietrich Mateschitz; and Wu Yajun steps down as chair for real estate developer Longfor Properties.
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.
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