May 19th, 2023

‘Biotech is the ultimate impact investment’ — family offices can’t get enough of it

The Lauber family built its wealth in real estate, and that’s where it stayed for decades. But, lately, some of the family money has a buzzy new destination: biotech. “I’m kind of like a hypochondriac,” says Robin Lauber, the third-generation heir who is diversifying the Swiss family’s wealth, mainly into companies working in cutting-edge biology. Lauber, 30, is particularly interested in longevity medicine, a nascent strand of research that aims to slow down the ageing process. Continue Reading..

Singaporean family office to set up digital bank

in Bahrain

The Whampoa Group, a family office based in Singapore, will open a digital bank in Bahrain, the kingdom’s Economic Development Board said on May 18. The Group expects to open the bank by the end of the year and is aiming for a global client base.

The bank will offer digital asset trading, custody and management among digital banking services. According to Bloomberg, the Central Bank of Bahrain has granted the bank “in principle approval” pending fulfillment of all requirements.

Continue Reading..

Indian family offices weigh Gift City

to invest overseas

New Delhi : Some of India’s leading family offices are exploring the option of setting up shop at the International Financial Services Centre (IFSC) or Gift City as the Reserve Bank of India (RBI) tightens scrutiny of overseas direct investments (ODI). ODI is a route available for Indian non-individuals to send money overseas.Continue Reading..

About 26% of Family Offices Are Now Invested in Crypto, According to New Goldman Sachs Survey

The percentage of family offices investing in crypto has grown significantly in the past two years, according to a new report by Wall Street giant Goldman Sachs.

In a new study, the banking titan polled 166 family offices across the globe that operate at an institutional level. Continue Reading..

Big-name investors are going all-in on AI

Some of the biggest names in investing are piling into artificial intelligence, the theme that has taken markets by storm in 2023.

The cutting-edge technology caught the world's fancy following the smashing debut of OpenAI's language bot ChatGPT, igniting a "Game of Thrones"-style war between tech giants from Microsoft to Alphabet and Meta to lead the AI boom. Morgan Stanley predicts the new tech to unlock $6 trillion of investment potential.

Continue Reading..

Australia's Potential as a Crypto Capital: A Guide for Family Offices and Hedge Funds

Australia's rapid rise from a convict colony to a regional financial powerhouse has captured the attention of investors worldwide. With over a dozen unicorns, including Canva, SafetyCulture, and Airwallex, and 5 of the 11 most liveable cities globally, the country is now recognized as a potential crypto capital for family offices and hedge funds interested in crypto investments.CContinue Reading..

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