FB News
With a family history that has seen fortunes rise and fall on numerous occasions, Maximillian Gehrmann discusses the main reasons why intergenerational wealth is lost.
In this week’s FB Roundup, Elon Musk obtains a 9.2% stake in Twitter; Henry Sy’s family buy out Philippine Geothermal Production Co; and The Rockefeller Foundation makes a $105 million climate-friendly food pledge.
The Russia-Ukraine war adds to near-term growth risks for the global economy and will likely keep inflation elevated for longer. While uncertainty is high, equity markets are oversold and should recover if tensions ease in the coming months says Russell Investments’ global head of investment strategy Andrew Pease.
China’s bid for global power, climate change and the transition away from fossil fuels are three of the defining megatrends of our time. Collectively, they promise generational upheaval. But decades of peace and stability have left markets, politics, economies and societies complacent and vulnerable. It’s going to get bumpy says Ruffer LLP investment director Alexander Chartres.
With a family line that dates to the year 1000, Octavian Pilati learnt from an early age the weight and importance of legacy. But when a crisis saw him taking over the family business at the age of 26 and subsequently shepherding a successful exit, he saw an opportunity to break out on his own and advise others of the pitfalls of fractured family dynamics and unclear succession planning.
The chairman of Campden Club’s two-day event on March 30 and 31 talks to Campden FB about his main takeaways.
Editor's Pick