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February 18, 2019

The Mexican economy may long have had difficulties in achieving brisk growth, but that has not stopped the nation’s largest family businesses from forging ahead and, in some cases, becoming world leaders. Daniel Bardsley takes a look at this land of extremes and where families fit in

The family business dominates the Mexican economic landscape—an often-used motto in the country is “You trust your blood”—but few nations have such a gaping divide between the large and the small.

At one extreme, Mexico has millions of under-the-radar micro-businesses keen to avoid the attentions of the tax collectors, while at the other it plays host to corporate family-controlled giants that are at the global cutting edge.

February 12, 2019

You can’t choose your family, but you can choose who runs your business. Alexandra Newlove talks to a range of experts about bringing in outside help

In 2006, as Ford Motor Company headed towards a $12.7 billion loss, the worst in the company’s 103-year history, Bill Ford, chief executive and great-grandson of the legendary Henry Ford, realised he needed help.

In an email to staff, Ford introduced his new top man: former Boeing transformation master Alan Mulally, who over the next eight years executed a revitalisation which saw the automaker’s stock appreciate more than 1000% from recession lows, and Mulally remembered as one of the all-time great business leaders.

February 11, 2019

William Herbert, the 18th Earl of Pembroke, may have his family’s Palladian mansion Wilton House decorated with van Dycks and Rembrandts, but the collection closest to heart is parked in his converted coach house. Lord Pembroke shares with James Beech his practical insights on owning and running classic cars as passion investments.

William Herbert, the 18th Earl of Pembroke, may have his family’s Palladian mansion Wilton House decorated with van Dycks and Rembrandts, but the collection closest to heart is parked in his converted coach house. Lord Pembroke shares with James Beech his practical insights on owning and running classic cars as passion investments.

Lord Pembroke inherited his love of motor cars from his great-grandfather, Arthur Wignall Tate, the grandson of Sir Henry, the sugar merchant and philanthropic founder of the Tate gallery.

February 5, 2019

With industrial and consumer uptake growing exponentially, the Internet of Things is disrupting the way businesses operate. Scott McCulloch explores the implications for family firms

With industrial and consumer uptake growing exponentially, the Internet of Things is disrupting the way businesses operate. Scott McCulloch explores the implications for family firms

Think of the billions of physical devices connected to the internet, devices that collect and share data, and you get a sense of the Internet of Things (IoT).

February 4, 2019

The concept of a ‘family office’ is very nascent in India with only 45 formally structured family offices in existence. However, it is gaining popularity.

What are your general observations of the Indian family office market?

January 24, 2019

SO-LE Studio creates unconventional and striking jewellery using leather remnants from the luxury fashion industry. Fresh from winning the Top Next Generation Entrepreneur Award at our European Families in Business Awards, founders Sole Ferragamo, an artist, designer, and the granddaughter of Salvatore Ferragamo, and Leila Hoda, a banker turned humanitarian turned entrepreneur, spoke to Alexandra Newloveabout offcut inspiration, chance meetings, and the double-edged sword of a famous name.

SO-LE Studio creates unconventional and striking jewellery using leather remnants from the luxury fashion industry. Fresh from winning the Top Next Generation Entrepreneur Award at our European Families in Business Awards, founders Sole Ferragamo, an artist, designer, and the granddaughter of Salvatore Ferragamo, and Leila Hoda, a banker turned humanitarian turned entrepreneur, spoke to Alexandra Newloveabout offcut inspiration, chance meetings, and the double-edged sword of a famous name.

January 15, 2019

How the Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy”.

The Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy” (through digital platforms like Airbnb) in the article 111 of Law 4446/2016, as amended and in force.

Important definitions

A sharing economy is considered to be any model where digital platforms create an open market for the temporary use of goods or services that are often provided by individuals.

January 14, 2019

Classic cars are in the fast lane of luxury assets, but what are the nuts and bolts of collecting to consider? James Beech is in the driving seat

Classic cars are in the fast lane of luxury assets, but what are the nuts and bolts of collecting to consider? James Beech is in the driving seat

Each year East London’s vast ExCel centre is overrun by more than 40,000 discerning owners, collectors, experts, and enthusiasts who flood the events space on the banks of the River Thames for the London Classic Car Show. Hidden among the masses, passion investors from global multigenerational family businesses are hard to spot, but they are here.

January 8, 2019

India’s traditionally cautious investors are using family offices to diversify their allocations into riskier assets and face disruption head on. James Beechreports

Locally orientated, ‘risk lite’, with a strong preservation ethic. This has been the traditional profile of Indian family investments, dominated by senior wealth holders with a preference for safe and steady assets. Fuelled by operating businesses where any profits have been funnelled back into the business, diversification has traditionally meant investing in subsidiaries of the family business or real estate, rather than new asset classes. Yet could a new breed of family investors with a desire to professionalise private investment be set to break this mould?

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