Jessica Tasman-Jones

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Succession planning in boards’ hands in top family businesses, report finds

The bulk of successful family businesses place responsibility for succession planning with the board of directors, according to a new report, with shareholder councils and the chief executive the next most popular options.

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French and Benelux corporates most likely to seek HNW and family office finance

Benelux corporates are much more likely to seek alternative finance from high net worth individuals and family offices than their counterparts in Europe, according to a new report by law firm Allen & Overy.

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Right on target: Christine Galloway on the Dayton family office

When Christine Galloway joined the Dayton family office of Minneapolis in the early 1990s, the industry was in its infancy. Now, freshly retired, she reflects on her experience working for the family that created one of the US’s largest retail empires, and the strategies she has helped set in place to ensure the family office lasts for generations to come.

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China’s wealthy increasingly see value of full family office offering

China’s growing high-net-worth population is taking an increasing interest in the non-investment services family offices provide, according to experts from Asia Pacific, such as estate and tax planning, as well as education.

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Matter Family Office changes to partnership structure with view to sustainability

Working alongside future generations of clients was one of two driving factors in governance and ownership changes at Matter Family Office, according to a member of its new board of managers.

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John Todd, patriarch of top New Zealand family business, dies, aged 88

Third-generation New Zealand businessman John Todd has been farewelled in Wellington this week.

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Lodha Group follows common Indian succession plan by splitting business

Indian family real estate business Lodha Group will be split into two entities to ease succession planning into the second generation – a strategy that is common in India, according to a family business academic based in the country.

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Fifth-generation UK family business reflects on its textbook succession

While many family businesses struggle with succession planning, a former fifth-generation chairman at the UK’s William Jackson Food Group says the leadership transition to his younger brother could be described as “text bookish”.

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Impact investments can achieve market rate returns, says new research

A pioneering survey examining the performance of impact investment funds, and comparing them with those that have no explicit social impact objective, has found market rate financial returns can be achieved, and in certain segments even exceeded.

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Lessons on family business succession from Rupert Murdoch

The Murdoch family likely had a considerable amount of discussion and debate about the succession of brothers James and Lachlan Murdoch to the helm of 21st Century Fox, a US family business expert says, and did well to keep those discussions contained.

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