Family Office
Switzerland has a foundation for every 650 people, but what is it that makes it such an important centre for them?
Wealthy philanthropists who are discreet about their giving could be undermining their charitable efforts, a new study examining cultural trends in philanthropy reveals.
The conversion of embattled US hedge fund SAC Capital into a family office could damage the reputation of the industry and prompt authorities to reconsider family offices’ exemption from the Dodd-Frank Act, a wealth sector expert says.
Swiss banks are coming to terms with a world with less banking secrecy. But are they adapting fast enough to a public that wants more transparency?
Given all the fuss in the media about problems in southern Europe, you would have thought the entire region was about to go pop.
Despite the Madoff scandal being an increasingly distant memory, concern about financial fraud is still uppermost in the minds of the wealthiest investors, particularly when it comes to hedge funds, according to a recent study.
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