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succession

June 2, 2017

The best way of making one’s children hold on to one’s fortune is to educate them well so that they can manage their responsibilities. David Turner looks at 10 highly regarded schools

The best way of making one’s children hold on to one’s fortune is to educate them well so that they can manage their responsibilities. David Turner looks at 10 highly regarded schools

Cathedral & John Connon School | India

May 31, 2017

Benetton's bid for toll road firm, Nintendo switches up production, and IKEA reassembles its leadership.

Benetton's bid for toll road firm
 
The family synonymous with colourful clothing and controversial advertisements is ramping up its efforts in the comparatively drab toll road industry.
 
The Benetton family’s largest asset is not its well-known and now struggling clothing arm, but toll road operator Atlantia, which is eyeing an $18.3 billion takeover of Spanish infrastructure firm Albertis. 
 
May 25, 2017

Walmart reports huge jump in US online sales, next-generation family member joins Vedanta board, and GIIN survey says big financial firms bring mixed blessings for impact investing  

Walmart reports huge jump in US online sales

The family-owned retail giant Walmart has reported a modest rise in total revenues and a much larger increase in US online sales.

As it looks to take on e-commerce behemoths such as Amazon, the US-based retailer achieved a 63% rise in US online sales in the first quarter of this year.

Walmart’s online ambitions were demonstrated last year by its $3.3 billion acquisition of the internet retailer Jet.com.

May 18, 2017

A startling 49% of business owners have not made a will, and 22% say they have not started any form of wealth transfer planning.

A startling 49% of business owners have not made a will, and 22% say they have not started any form of wealth transfer planning, new research suggests.

The report, Business owners & wealth transfer: Applying the lessons learned in business to wealth transfer, surveyed 384 business owners in Canada, the United States, and the United Kingdom, each worth an average of $6.4 million.

May 3, 2017

In an election campaign infamous for contradictions and outbursts, one constant factor has been the mission of Donald Trump to have his adult children and son-in-law installed as the power behind his throne.

In an election campaign infamous for contradictions and outbursts, one constant factor has been the mission of Donald Trump to have his adult children and son-in-law installed as the power behind his throne.

April 12, 2017

Living longer thanks to advances in healthcare and technology means family business leaders may marry and have children more than once, with huge repercussions around the kitchen table and the boardroom table. James Beech looks at how ‘blended families’ and family businesses mix

Living longer thanks to advances in healthcare and technology means family business leaders may marry and have children more than once, with huge repercussions around the kitchen table and the boardroom table. James Beech looks at how ‘blended families’ and family businesses mix

February 24, 2017

Mental health has been called the biggest unaddressed health challenge of our age, and those most at risk often sit at the two extremes of the socioeconomic spectrum. Michael Finnigan investigates 

Mental health has been called the biggest unaddressed health challenge of our age, and those most at risk often sit at the two extremes of the socioeconomic spectrum. Michael Finnigan investigates 

January 31, 2017

There is an old saying in creative industries: it takes a lot of effort to make something look effortless. The same can be said of the Global Family Office Report, which takes 12-months to put together. Michael Finnigan talks to the team behind the industry-leading report

There is an old saying in creative industries: it takes a lot of effort to make something look effortless. The same can be said of the Global Family Office Report, which takes 12-months to put together. Michael Finnigan talks to the team behind the industry-leading report.

January 24, 2017

Are robust labour markets and culture shifts drawing successors into sexy start-ups and pushing them away from ‘traditional’ family firms? Scott McCulloch reports

Are robust labour markets and culture shifts drawing successors into sexy start-ups and pushing them away from ‘traditional’ family firms? Scott McCulloch reports

Next-generation successors have long been advised to cut their professional teeth outside the family business before coming in. Yet in an era of globalised economies, where company revenues can grow enormously in a single generation, are family businesses losing their allure for affluent and entrepreneurial Millennials?

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