We are starting the decade with high stock market valuations, record levels of debt and growing geopolitical instability. For investors, this is not the time to be complacent. They need to be more active.
Family offices don’t need to get wealthier. Yet though many are conservative, they can also be quite unconventional. Not all are necessary closed to the idea of non-traditional investments. Often this is because of their own personal experience and their entrepreneurial spirit that has allowed them to develop their wealth in the first place.
This is an issue that could prove extremely divisive in the coming decades. While a lot of focus has been placed on the benefit of a fourth industrial revolution – where automation takes part in – the social costs have not really been thought through or planned for.