Senior security, floating interest payments and covenant protection make these loans a unique asset class. Their historically steady returns, low volatility and negative correlation with investment-grade fixed income could enhance returns while reducing portfolio volatility.
Longer life expectancies and financial pressures are prompting a general reassessment of traditional retirement. Attitudes among the wealthy have already shifted, with many planning to continue working even if they have little need to do so.
Putting a financial value on social outcomes can help funders determine whether an organization is worth supporting, understand the impact that grantees are having and identify where organizations need help.
The intent of this piece is to communicate the economic indicators that help to monitor in real time whether approaching deflation or accelerating inflation is on the horizon.
Family offices should develop an understanding of the requirements for health care benefit plans, implement the requirements on a timely basis and then continually monitor ongoing compliance.
The author explores the advantages and disadvantages of the outsourced CIO model relative to non-discretionary models and suggests how investors might think about choosing between the two models.
Families should consider an array of factors as part of their charitable planning, such as their legacy, the particular assets, market conditions, investment objectives, interest rates and cash flow needs, as well as the mission of the charitable organizations.
Investors and consumers typically adopt a wait and see attitude toward investing and spending in the nascent days of a recovery. That timidity should be history by now, says the author, who explores the reasons behind the ongoing lack of confidence.
Researchers examine the trade, economic and financial linkages between China and the rest of the world and consider the implications of those linkages if growth in Chinese gross domestic product should slow in the future.
Closing the gender gap at the top of corporations fosters innovation, creates a more balanced work environment and positively affects the bottom line. Yet, achieving gender balance requires new thinking, innovative approaches and courage.
The authors present highlights from a series of seminars in which more than 80 trustees from charities of all kinds debated how they could make their charities more effective and shared ideas about improving trusteeship.
The holidays are a time for relaxing with family and friends. Unfortunately, criminals use this time to shift into high gear. Crime statistics from October indicate this year will be no exception to the historical trend, but you can take steps to help avoid becoming a victim of burglary or theft.
Suggestions for how to preserve a family legacy across generations include not letting shared assets become liabilities, recognizing that family businesses are businesses, communicating in the way that works best for family members, acknowledging family dynamics and choosing trustees carefully.
U.S. investors can build international equity by investing directly in overseas markets or by purchasing shares of American depositary receipts. The method selected will have important implications for transaction costs, ongoing fees and benchmark tracking.
Canada provides a safe and tax-efficient alternative for wealthy families seeking a residency strategy to protect their wealth and a place to set up a family office. The country has neither gift nor estate taxes and offers tax-reduction structures for wealth immigrating families.