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Why the Cayman Islands is a preferred jurisdiction for family offices

October 14, 2021

The Cayman Islands is a highly attractive jurisdiction for setting up family offices and in recent years, many ultra-high net worth families have chosen to make the British Overseas Territory in the western Caribbean Sea both their home and their headquarters for their global operations.

Tell us about the developing and changing needs of your family office

October 5, 2021

Family offices are evolving—what should you be focusing on in the future? Share your insights in our new survey.

Family offices are evolving—what should you be focusing on in the future?

In partnership with TMF Group, Campden Wealth is delighted to be working on a new survey that will highlight the latest trends and issues facing family offices.

The aim is to uncover attitudes on the changing landscape and find ways to generate efficiencies, ease the administrative burden and capitalise on specialists’ skill sets.

FB Roundup: Pentland Group, Fox Corp, Pernod Ricard

September 20, 2021

Rubin family’s Pentland shifts from Brexit Britain to Ireland, Lachlan Murdoch stamps $7 billion influence as deal-making successor, Pernod Ricard acquires premium brands and buybacks shares.

Rubin family’s Pentland shifts from Brexit Britain to Ireland

Pentland Group, the British Rubin family-controlled owner of sports brands Speedo and Lacoste and majority owner of high street retailer JD Sports, has moved offshore because of Brexit.

However, the $9 billion group said its daily trade will stay in the UK and be taxed under UK jurisdiction.

Tax, non-dom uncertainty prompts UK wealth exodus

March 2, 2018

Uncertainty over the legal status of non-domiciles, residency and Brexit is behind a flight in wealthy individuals and families from the United Kingdom to friendlier destinations around the world.

Uncertainty over the legal status of non-domiciles, residency and Brexit is behind a flight in wealthy individuals and families from the United Kingdom to friendlier destinations around the world.

Relocation experts discussed the trend at a high net wealth mobility event near London last month, sponsored by Locate Guernsey and attended by about 130 private wealth advisors.

How families can preserve their wealth in a changing world

February 5, 2018

In an uncertain world the key to survival rests with those who are flexible and quick enough to adapt. The key to success sits neatly in the pockets of those who can pre-empt change and seize the opportunities it brings, says Andra Ilie, private client adviser at Knox Private Office.

For UK based ultra-wealthy family office principals, there are a number of matters to contend with and consider as we move through a time of change.

Altered regulatory landscape makes family office location vital

March 17, 2017

Given increasing levels of instability and scrutiny in the world, the location of family offices has taken on new significance in recent years, with families understandably concerned about finding the most secure environment for the governance of their assets, says Dominic Wheatley, chief executive of Guernsey Finance.

Egyptian hotel magnate checks into Switzerland

March 25, 2008

A member of Egypt’s wealthiest family is to move his hotel empire from Cairo to Altdorf, Switzerland in a move designed to increase the firm’s growth.

A member of Egypt’s wealthiest family is to move his hotel empire from Cairo to Altdorf, Switzerland in a move designed to increase the firm’s growth. Chairman Samih Sawiris said he plans to relocate Orascom Hotels and Development and list its shares on the Swiss stock exchange.

A new holding company, Orascom Development Holding, will launch a public share exchange offer of one new share for each 10 existing shares as of 30 March. The group said it has already received irrevocable undertakings of acceptance of the swap of around 76%, including from the Sawiris family.