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Family Business

March 28, 2017

Hermès and LVMH announcing record profits for 2016 suggests the French family businesses are resuscitating the moribund $1.1 trillion global luxury market despite ongoing political and economic uncertainty.

Hermès and LVMH announcing record profits for 2016 suggests the French family businesses are resuscitating the moribund $1.1 trillion global luxury market despite ongoing political and economic uncertainty.

March 28, 2017

From culture to business, Japan sits a world apart—an isolated nation that through exceptional circumstances has allowed several thousand firms to remain in family hands for more than a century. Michael Finnigan takes a look

 From culture to business, Japan sits a world apart—an isolated nation that through exceptional circumstances has allowed several thousand firms to remain in family hands for more than a century. Michael Finnigan takes a look

March 28, 2017

Founded in 705 AD and now in its 52nd generation, Japan’s Nishiyama Onsen Keiunkan is today the world’s oldest family business. With that sort of longevity, it’s not surprising that the hot spring hotel has catered for some of Japan’s most famed ancient samurai and shōgun

Founded in 705 AD and now in its 52nd generation, Japan’s Nishiyama Onsen Keiunkan is today the world’s oldest family business. With that sort of longevity, it’s not surprising that the hot spring hotel has catered for some of Japan’s most famed ancient samurai and shōgun.

 

 

 

FAMILY

March 27, 2017

Global Emerging Markets are getting out of the doldrums but investors beware the influence of behavioural bias, says Andrew Cormie, portfolio manager at Eastspring Investments.

Global Emerging Markets are getting out of the doldrums but investors beware the influence of behavioural bias, says Andrew Cormie, portfolio manager at Eastspring Investments.

The previous five years of value investing in Global Emerging Markets (GEM) were pretty lack lustre, with 2015 a particularly difficult year for value stocks. This was a result of a weak global economic environment, falling commodity prices and political instability that combined with slowing economic and corporate growth in emerging markets.

March 24, 2017

Mars brings Maltesers to the US for the first time; Maersk Reaches North Sea tax deal with Denmark; and Australia’s Rinehart children granted permission to sue

Mars brings Maltesers to the US for the first time

Family-owned confectionery giant Mars is to start selling Maltesers in the United States, marking its first chocolate brand launch in the country in two decades.

Despite being the United Kingdom’s third-largest chocolate brand, Maltesers are not available in the US because of a dispute with Hershey over its name. The two confectionary giants settled out of court in 2015, giving Mars the go-ahead to bring its bite-sized treats to the US.

March 24, 2017

David Rockefeller, the international financier, philanthropist and third-generation member of the American Rockefeller oil dynasty, has died aged 101.

David Rockefeller, the international financier, philanthropist and third-generation member of the American Rockefeller oil dynasty, has died aged 101.

He was the oldest living member of the Rockefeller family and was the family patriarch from July 2004 until he died of heart failure at his home in Pocantico Hills, New York, on 20 March. Forbes estimated his net worth to be about $3.3 billion, mostly in family trusts his father established.

March 23, 2017

A trio of family office veterans have launched a new advisory service to help ultra-wealthy families and individuals achieve their long-term wealth management goals, including the setting-up of family offices.

A trio of family office veterans have launched a new advisory service to help ultra-wealthy families and individuals achieve their long-term wealth management goals, including the setting-up of family offices.

March 22, 2017

A quarter of British family businesses feel vulnerable to digital disruption but just over half have ever discussed the threat from cyber criminals in the board room, says PwC research.

A quarter of British family businesses feel vulnerable to digital disruption but just over half have ever discussed the threat from cyber criminals in the board room, says PwC research.

Digital apathy was greater in the global private sector than the global public sector, with 68% of private company chief executives concerned about the speed of technological change compared to a greater 74% of global public companies. A lowly 41% of private company chief executives were not concerned about cyber threats compared to 65% of global public companies.

March 22, 2017

Prym family members gave a tearful speech and won the hearts of the audience when they accepted their surprise tribute at the latest CampdenFB European Families in Business Awards

Prym family members gave a tearful speech and won the hearts of the audience when they accepted their surprise tribute at the latest CampdenFB European Families in Business Awards

Members of Germany’s oldest family-owned business were the surprise winners of the Lifetime Achievement Award at the fifth annual European Families in Business Awards in Berlin in June.

German families enjoyed dazzling success at the gala dinner at Hotel de Rome, winning awards in five out of seven categories.

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