Cryptocurrency. A point of balance.
Jan 22 – 28. 2018
MarketCurrents Wealth Management spoke to Ville Oehman, Crypto Fund Manager at Helvetic Investments Pte. Ltd. in Singapore. They are analyzing and guiding their family office clients on a terrain that’s still evolving almost hour to hour. These days no one gets enough of the cryptocurrency talk.
Family offices. Perfect prescription for bio-pharma start-ups.
Jan 15 - 19. 2018
Gene modulation, block-chain technology for research, body integrated artificial intelligence, organ printing are buzz words that have come out of the realm of science fiction into the zone of the doable. The investments needed are huge but the returns can be simply sky-high.
The US Tax reform BEATs down renewable energy
In their joint letter to the Senate in November’17 clean energy groups had raised alarm at the impact of the Base Erosion Anti-Abuse Tax (BEAT) provision. The provision basically applied a 100% tax on tax equity for multi-nationals and overseas investors. The letter, signed by the ACORE, AWEA, CRES and SEIA states, “Not surprisingly, major financial institutions have indicated that, under such a regime, they would no longer participate in tax equity financing, the principle mechanism for monetizing credit...READ MORE
Is flag and country the new rallying cry for family offices in India (and maybe in Asia)? Mohandas Pai, the ex-CFO of Infosys asks a valid question, “When we create $500 billion in value, don’t you want Indians to own most of it?”. This is in reference to the huge inflows of foreign capital as SoftBank Group Corp and Tencent Holdings brought in billions of dollars into the Indian start-up space in their attempt to create unicorns like Snapdeal, Paytm, Ola, Zomato and Flipkart. Obviously this has led to so...READ MORE
Still a Man’s World – Gender Diversity in Family Offices
Even with the increasing number of women occupying high management positions across the globe, the wealth management industry is lagging behind. Under that bracket, family offices remain slow to catch up with women in prominent roles. As of 2016, the Global Family Office Report brought out that only 19% of executive roles in family offices were filled by women, of which 8% were among CEOs. Interestingly, the same report, however, brought to light the fact that those 8% of women in the CEO position are paid ...READ MORE
Family Offices Leap toward Cannabis Investments
Legal Marijuana continues to mount in popularity among family offices. The Cannabis industry stands among the fastest shifting industries globally in the backdrop of easing regulations. “The cannabis industry has been growing rapidly over the past decade as new states in the U.S. and new countries abroad have established legal and regulated cannabis markets for medical or recreational purposes”, said Harrison Phillips, Vice President of Viridian Capital Advisors, a data-driven strategic and financial advisor...READ MORE
Family Offices and Hedge Fund Managers Form Alliances
A few years ago, it was fairly common to see hedge fund owners making the switch toward a family office setup. While there are distinct advantages to this transition, the chief among them was the favourability of a family office outfit as being less scrutinized by an increasing regulatory environment. For those hedge fund managers that have held their course, family offices now look like an appealing partner and vice versa. As family offices adopt a progressive professional and structured front, they ...READ MORE
JF2 Capital All Set to Invest in Start-ups
As start-ups continue to grab the attention of wealth managers and family offices alike, JF2 Capital – a new family office based in Dallas, Texas has emerged with the same goal. The firm will function as the family office of Plano businessman, Jon Frankel – a UHNWI who initiated his first company at age 17 and made his money by selling his start-ups. It is no wonder then that the pay back strategy is focused again on early stage start-ups, with an investment capital of up to $15 million. Specifically, they i...READ MORE
Infrastructure Sector Back in the Limelight
Infrastructure investment is back to garnering the attention of UHNWIs globally and more and more of their capital seems to be allotted to it. This focus has been amplified by Trump’s offering to spend between $500 billion and $1 trillion on infrastructure over the next 10 years. For many decades, wealthy families have been putting their money into promising infrastructure projects, and this trend is back to being aggressively pursued. One such example is Stonehage Fleming, the London-based family...READ MORE
Oil Prices Rise among Saudi Tension
Higher than it has been over the past two years, oil price goes above $64.08 per barrel as a result of the recent corruption bust in Saudi Arabia – the world’s second largest oil producer. While the commodity investors may be the only one’s celebrating, Saudi Arabian Crown Prince Mohammed bin Salem’s anti-corruption drive has adversely affected some of the biggest crude exporters in the country. According to Business Insider, "Brent Crude continued to be the main driver of growth this Tuesda...READ MORE