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Family wealth - a new playbook for turbulent times
The International Family Offices Journal
Vol. 7 - Iss. 2 pp. 27–30
Dec 2022
The need to manage diversification and risk is outlined in Francois de Visscher's article setting out a new playbook for these turbulent times. Francois explains that we live in a VUCA world - volatile, uncertain, complex and ambiguous. He explains the need for owners to view their wealth from the right viewpoint: both understanding family wealth as a whole as well as its inflow and outflow from the family enterprise. He advocates for a three-part formula for managing wealth - stability, growth and agility - and explains what each of these aspects would look like.