Investment processes in a family office
The International Family Offices Journal
Vol. 3 - Iss. 3 pp. 32–36
The author remarks on the investment changes brought about by the increase in family offices. He asks whether family offices have become today's merchant banks, and describes the investment process changes and challenges. More direct investing, a need to educate the next generation, and so on. He states that: ?Direct entrepreneurial investments, for example, demand a larger technical infrastructure and knowledge base from the wealth owner and a more hands-on approach, compared with a higher level of delegation in the case of traditional asset management carried out by banks or independent asset managers?.