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Can intrapreneurial initiatives serve the individual aspirations of the next generation and rejuvenate family firm innovation? Scott McCulloch looks at the possibilities
NEWS & ANALYSIS
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Daughter Pansy Ho succeeds Macau casino kingpin Stanley Ho, coronavirus crumbles Murdoch’s media empire foundations, John Elkann of the Agnelli dynasty shares Exor’s Covid-19 strategy.
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LXRepair will present to global investors its new approach to personalised cancer therapies at the Campden Wealth MedTech Investing Europe Conference in September 2020.
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The coronavirus outbreak has prompted many families to re-evaluate what is important in life and portfolios, and with lockdowns restricting world views to the immediate four walls, is art collecting due for a renaissance?
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A pandemic has struck in the form of Covid-19, grinding the global economy to a halt. Politicians are desperately scrambling to enact legislation to protect their constituents as corporate chief executives jockey for the position of being the first constituent in line for their bailout. Unprecedented payments are being made by governments to their citizens to help meet their short-term obligations, and financial markets have utterly collapsed to the tune of extreme volatility, that in crypto, we call Monday. All the while, millions of people are suffering from a dangerous and deadly disease that has united the global community in a way we may have never seen before, working together and practicing social distancing to combat an invisible, common threat.
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Features
Can intrapreneurial initiatives serve the individual aspirations of the next generation and rejuvenate family firm innovation? Scott McCulloch looks at the possibilities
Goodsted is a platform for socially purposeful individuals and organisations who would like to volunteer their skill or donate other resources to non-profit social projects. Award-winning founder Selin Yigitbasi-Ducker, a fourth generation member of Turkish conglomerate Yasar Holdings, talks about her passion for social change, product design challenges, and inadvertently benefitting from being a next-gen.
Family Office
The European Leveraged Loans market—like other credit markets—suffered from a sudden and indiscriminate market price decrease at the beginning of the Covid-19 crisis in March, mainly resulting from lack of liquidity across all sub-investment markets and concerns about future rating downgrades and increased probability of defaults.
Family offices increasingly have to navigate the complexities of cross-border legal issues: a necessary side-effect of globalisation. The family office will consequently need advisers on issues such as tax, estate planning and regulation that covers all countries in the mix, and advice on succession planning is increasingly featuring high up on the family office to-do list.
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