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next generation

October 27, 2020

While some financial commentators described the onset of the Covid pandemic in March 2020 as a so-called “Black Swan”—a one-off, rare and unpredictable event—it would appear that what we are dealing with is more of a migratory bird, a “Black Stork” if you like, whose movements recur with an element of (seasonal) regularity, at least until there is a circuit-breaker.

While some financial commentators described the onset of the Covid pandemic in March 2020 as a so-called “Black Swan”—a one-off, rare and unpredictable event—it would appear that what we are dealing with is more of a migratory bird, a “Black Stork” if you like, whose movements recur with an element of (seasonal) regularity, at least until there is a circuit-breaker.

October 16, 2020

Next-gen Euisun Chung takes the wheel of Hyundai after 20 years, apparel brand Uniqlo predicts recovery to pre-pandemic profits within a year, ‘Pasta king’ Guido Barilla says next five years critical to fix global food systems.

Next-gen Euisun Chung takes the wheel of Hyundai after 20 years

South Korean billionaire Euisun Chung has succeeded his father Mong-Koo Chung as chairman of Hyundai Motor Group to drive the world's fifth largest automaker into a future of autonomous driving, renewable fuels and flying cars.

September 21, 2020

The next generation of family business leaders say they first learned of the extent of their family wealth on average aged 31 and two-thirds feel this was about the right time, but when, how and even if that education takes place is highly debatable.

The next generation of family business leaders say they first learned of the extent of their family wealth on average aged 31 and two-thirds feel this was about the right time, but when, how and even if that education takes place is highly debatable.

September 16, 2020

Writing the constitution begins with the existing legal documents. They are read and explained so that they are clear to the family. This is more difficult than it seems, and often there are several drafts before the meaning and mechanics of each agreement is understood, consistent, and clear.

Writing the constitution begins with the existing legal documents. They are read and explained so that they are clear to the family. This is more difficult than it seems, and often there are several drafts before the meaning and mechanics of each agreement is understood, consistent, and clear.

September 14, 2020

The Mack family were excited about the prospects of 2020 at the start of the year—their Europa-Park resort welcomed a record 5.7 million visitors in 2019 and they were eager for returns on their brand new €180 million ($213 million) water world Rulantica and its adjacent hotel, their largest ever investment in their family business’s 45-year history.

The Mack family were excited about the prospects of 2020 at the start of the year—their Europa-Park resort welcomed a record 5.7 million visitors in 2019 and they were eager for returns on their brand new €180 million ($213 million) water world Rulantica and its adjacent hotel, their largest ever investment in their family business’s 45-year history.

September 7, 2020

More than half of the next generation of family business leaders are worried they will lose the capital their family has created and almost half are worried their own children will lose that wealth.

More than half of the next generation of family business leaders are worried they will lose the capital their family has created and almost half are worried their own children will lose that wealth.

A significant 62% felt it was their responsibility to not only preserve, but grow, their family fortunes, according to a new study by Campden Wealth with RBC.

June 4, 2020

Can intrapreneurial initiatives serve the individual aspirations of the next generation and rejuvenate family firm innovation? Scott McCulloch looks at the possibilities

Can intrapreneurial initiatives serve the individual aspirations of the next generation and rejuvenate family firm innovation? Scott McCulloch looks at the possibilities

May 1, 2020

Family businesses are overcoming global coronavirus lockdowns by using innovative digital strategies to reassure audiences, update customers, share healthcare advice and pay tribute to their workforce.

Family businesses are overcoming global coronavirus lockdowns by using innovative digital strategies to reassure audiences, update customers, share healthcare advice and pay tribute to their workforce.

April 26, 2020

The ethos of impact investing for positive change seems tailor-made to tackle the devastating repercussions of the coronavirus crisis as states buckle and a recession looms, but cometh the hour, cometh the family impact investor?

The ethos of impact investing for positive change seems tailor-made to tackle the devastating repercussions of the coronavirus crisis as states buckle and a recession looms, but cometh the hour, cometh the family impact investor?

The $502 billion impact space is where investments are made with the aim of generating measurable environmental or social impacts while giving a competitive financial return. The strategy has been increasingly attractive to families of sustainable wealth since the Rockefeller Foundation first coined the term in 2008.

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