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January 14, 2022

Canadian multi family office Northwood is acquired by CI Financial, Inditex owner Amancio Ortega buys up a key piece of Toronto real-estate and hedge fund billionaire Alan Howard gets into the esports game.

CI Financial acquires Canadian multi family office Northwood

Northwood, the privately-owned boutique Canadian family office, has agreed to a sale to investment management firm CI Financial Corp.

One of the first multi-family offices established in Canada, the Toronto-based Northwood, which co-ordinates the financial, investment and personal affairs of Canadian and global families, manages approximately $2.2 billion of investment assets and $9 billion net worth.

May 25, 2011

It pays to be sceptical about economists. They’ve consistently failed to predict when investment bubbles will burst. Their simple indicators don’t capture the complexity of what is going on.

Family offices that pay for professional investment advice should expect to be kept well informed about trends in economic growth, inflation, interest rates, and currency volatility. This information is crucial for strategic asset allocation and investing across countries, sectors and stocks.

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