CampdenFB is pleased to announce the short listed candidates for the second annual European Families in Business Awards.
NEWS & ANALYSIS
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Family-controlled conglomerate LG Group has announced it will award 400 billion won (€278 million) worth of contracts to smaller businesses, as the South Korean government moves to rein in the economic dominance of its biggest family businesses.
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Johann Rupert, the second-gen chairman of Switzerland-based luxury watch and jewellery group Richemont, has announced he plans to take a gap year from the family business starting from September.
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The increasing role of women in executive roles is being heralded as one of the contributing factors to family business success in the Middle East.
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Walmart has stated it will not sign an international agreement to improve worker safety in Bangladesh drawn up by unions.
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Investment
The world has learned to love its central bankers, now their “Invisible Touch” is giving an unprecedented boost to market sentiment.
Dr John Coors, fourth-gen chief executive of ceramics company CoorsTek, is behind the launch of an investment group targeting Africa that plans a new approach to investing in the continent.
Family Office
Deutsche Bank has established the largest family office in Germany with the merger of two of its existing units. Based in Frankfurt, Cologne and Munich, Deutsche Oppenheim Family Office has total assets under management of around €10 billion.
There is growing evidence that family offices are shedding funds and looking for opportunities to invest directly, but what are the consequences of dealing purely with the market?
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