Daily News Analysis
10 June 2013
UBS Optimus Foundation, the philanthropic organization that recently opened an office in Hong Kong, announced today it is partnering with government and private donors in a global initiative to put nutrition at the center of the development agenda. The organization plans to raise SFr65 million ($85 . 9 million) over the next eight years and intends to “dramatically improve children's nutrition, reduce stunting, and help prevent death from under-nutrition,” according to a statement from UBS.
20 March 2013
Giving at private foundations with endowments of under $50 million jumped 9. 1 per cent in 2012 versus 2011, new data shows . These smaller foundations represent 98 per cent of all US private foundations, according to Foundation Source, which this week released its data for 2012 giving.
15 February 2013
National Philanthropic Trust has named Wayne Walker as the new chairman of its board of trustees, following the departure of Jeffrey Lauterbach. Walker is a principal of Walker Nell Partners, where he focuses on corporate restructuring and turnaround management, corporate governance and fiduciary services . Lauterbach, who served for six years on NPT's board, is an independent trust and wealth planning consultant.
11 February 2013
Late last month, the Johnson Center for Philanthropy and the nonprofit consulting practice 21/64 released findings from Next Gen Donors: Shaping the Future of Philanthropy.
5 February 2013
Chicago’s Strategic Philanthropy has opened a West Coast office, appointing a long-time Morgan Stanley wealth manager to head up operations there. Carola Barton will lead the new Santa Cruz, CA, office, as managing director for the West Coast . She was latterly director of commitments for the Clinton Global Initiative-Asia, a project run by the Clinton Foundation, and also previously worked at Morgan Stanley for 16 years.
4 March 2013
A rising number of young individuals are “taking the reins” on their families’ philanthropic efforts, says Rebecca Eastmond, head of philanthropic services for EMEA at JP Morgan Private Bank.
14 November 2012
This year saw Threshold Group launch its Community Square forum, a peer-to-peer network which includes specialists on “wealth education issues,” with an event in Chicago.
8 November 2012
The majority of foundations may behave very differently than previously thought due to a heavy bias toward large foundations in study samples, a new report from Foundation Source reveals.
13 November 2012
At Silver Bridge, the US wealth management firm focusing on ultra high net worth clients, its managers say that a stand-alone, focused approach to wealth management without distractions is the ideal approach for clients.
2 November 2012
As part of a series interviewing some of the most senior people at the world’s best-known private banks, here Family Wealth Report contributing editor Charles Paikert sits down with Credit Suisse’s Anthony DeChellis.
News and Features
Comment and Analysis
The rising level of financial sector regulation means that fewer firms will be able to offer the full suite of wealth management products, according to the RBC/Capgemini World Wealth Report.
19 June 2013
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
20 March 2013
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
4 April 2013
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
9 April 2013
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
8 April 2013
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
25 March 2013