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principal

FB Roundup: H&M, Louis Dreyfus Company and LVMH

January 31, 2020

Principal makes way for next gen succession at H&M, Louis Dreyfus Company heiress open to selling stake and Hong Kong headwinds hit LVMH.

Principal makes way for next gen succession at H&M

The billionaire Persson family principal of Sweden’s Hennes & Mauritz has called for his son to succeed him as chairman as the $1.7 billion fast fashion family business welcomes its first female chief executive in its 73-year history.

Five reasons to join the North American Family Enterprise Conference in Phoenix

January 30, 2020

The Campden Wealth North American Family Enterprise Conference in Phoenix on 24-26 February is the ideal event for significant wealth holding entrepreneurs and multigenerational families and their executives from across the Americas—find out why you need to attend.

The big shifts in family office succession and recruitment for 2020

January 7, 2020

Effective communication between generations is essential for family business longevity and succession, and it’s never too late for families to start, says Ron LaVelle, a trusted adviser to ultra-wealthy families in the Bay area at Seiler LLP.

LaVelle tells CampdenFB how families can get the basics right, from professionalising the family business and setting up the family office, to hiring and keeping the right people.

Family offices braced for downturn, succession planning heats up

September 23, 2019

More than half of the world’s leading family office principals say they expect a market downturn to start in 2020 and are considering how to safeguard against potential losses and capitalise on new opportunities.

Nearly half (45%) of principals surveyed said they were re-aligning their investment strategy to manage risk or take advantage of opportunistic events (42%). Another two-fifths (42%) said they were increasing their cash reserves, while a fifth (22%) are reducing leverage exposure within their investments.