Technology’s Inescapable Impact on Real Estate Investments
July 17. 2019
Research-driven, professional investments in real estate have traditionally been reserved for family offices and institutional investors. Now, a swathe of new technology platforms and consumer products are revolutionizing the industry, opening up access and shifting valuations.
Technology: Why Family Offices Can Outpace Banking Giants
June 15 - 21. 2019
The small and nimble family office structure can quickly adopt new technologies to drive efficiencies, compared to older, larger banking giants that often rely on outdated infrastructure. As the global economy gets more complex and the cycle of disruption quickens, the lightweight, tech-driven family office structure may ultimately win out.
Hedge Funds Increasingly Ditching 2 and 20
June 03 - 07. 2019
Chronic lackluster performance is gradually pushing hedge funds away from the traditional “2 and 20” fee structure to other methods. This trend is emerging as hedge fund fees get squeezed across the board. Average management fees declined to a record low of 1.43% in the first quarter of 2018, according to Hedge Fund Research. Now, only 30% of hedge funds charge the typical 2 and 20.
Family Office Salaries on the Rise
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How Blockchain Technology Can Bolster Impact Investing for Family Offices
April 29 - May 03. 2019
The technology underlying Bitcoin could have major implications for an unexpected industry - impact investing. As the technology evolves, family offices and wealthy individuals could find powerful tools that make saving the environment and improving lives easier.
Impact Investors Embrace New Tech to Create Change
March 04 - 08. 2019
As impact investing matures, family offices and private investors are increasingly turning to emerging technology investments as a catalyst for broader social change. The emergence of socially conscious funds, ethical investment vehicles and renewable energy bonds are a clear indication that investors are looking beyond the numbers and weighing broader consequences of their capital allocation decisions. Much of this capital is flowing to innovative ideas and groundbreaking technologies.
Does Your Family Office Need a Data Scientist?
Feb 25 - March 01. 2019
Being a data scientist may be the trendiest job at the moment. But does the average family office really need one? Hedge funds and asset managers are replacing old-fashioned fundamental investing methods with quantitative investing tools like data science and predictive analysis, according to Bloomberg. In most cases, these money managers are willing to pay large sums of money to hire the best data scientists and equip them with the most sophisticated tools to drive performance.
Family Office Operations: How Much Can Be Automated With AI?
Jan 28 - Feb 01. 2019
The recent rise in artificial intelligence (AI) technology brings with it a promise of unparalleled automation and efficiency but will also reshape the global workforce. Highly structured and protocol-based jobs are the most vulnerable to automation. In other words, the more a job relies on data and rules the more likely it is that a robot will take over in the not so distant future, according to researchers at the Sloan School of Management at MIT and Carnegie Mellon.
Family Offices Face Growing Cybersecurity Risks
Dec 24 - 28. 2018
Despite the fact that family offices face increasing cybersecurity risks, many are not prepared. Citi Private Bank estimates that businesses across the world lost more $400 billion to digital attackers in 2016 alone. Nearly two-thirds had less than 1,000 employees. Family offices and small investment firms are particularly vulnerable, according to Edward Marshall, director of the Global Family Office Group at Citi Private Bank.
Family Offices Face Competition in the Hunt for Talent
Dec 10 - 14. 2018
As wealth continues to grow globally at a brisk pace, the hunt for qualified talent among family offices and the wealth management industry as a whole has intensified. Meanwhile, EY reports that the number of family offices has increased from just 1,000 in 2008 to more than 10,000 today.