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succession

July 20, 2022

Hong Kong’s low tax rates along with comprehensive infrastructure, little government interference and substantial available capital make it attractive to potential investors, including family offices, and thus competitive with other countries in the region, says Christine Ho, deputy global head of FamilyOfficeHK at Invest Hong Kong.

On April 4, 2022, the Financial Services and Treasury Bureau (FSTB) submitted a paper for discussion to the Legislative Council Panel on Financial Affairs on the subject of Proposed Tax Concession for Family Offices. The objective of the proposed tax exemption is to provide tax certainty to ultra-high-net-worth individuals and their family members who hold assets via investment holding vehicles in order to attract family offices to set up and operate in Hong Kong.

June 17, 2022

With more ultra-high-net-worth families deciding to set up an Asian office, the choice of where to make a base is a vitally important one. Hong Kong has long since been a vibrant financial and cultural hub and is increasingly enticing UHNW individuals and families to set up in the city. 

With more ultra-high-net-worth (UHNW) families deciding to set up an Asian office, the choice of where to make a base is a vitally important one. Hong Kong has long since been a vibrant financial and cultural hub and is increasingly enticing UHNW individuals and families to set up in the city.

May 31, 2022

The pioneering But family is taking an open-minded and forward-thinking attitude to the thorny subject of governance and succession. What’s more, the paterfamilias has charged his next-gen daughter with establishing the strategy… An uncommon tactic that is already reaping dividends.

While many countries in the West understand the importance of having a clear governance plan, ultra-high-net-worth Asian families tend to be led by the patriarch or matriarch, often with little thought given to family succession [1].

May 30, 2022

A third-generation member of hotels and residential development businesses, Doris Sommavilla talks exclusively to Campden FB about family legacy, increasing diversity and planning for the future…

Having felt the aftershocks of her grandfather’s unprepared succession and experienced first-hand the effects of her father’s sudden passing, Doris Sommavilla knows all too well how poor governance can threaten the future of a family business.

A third-generation member of hotels and residential development businesses, Doris’ Italian family have invested their wealth in hospitality, entertainment, residential projects and beyond in Italy, Eastern Europe, and the United States.

May 20, 2022

The sixth-generation family member and managing director of Riso Gallo talks about the joining the family firm, branching out of the rice business, and planning for next-gen succession.

Riso Gallo has been proudly serving up the finest risotto rice since the company was first documented in 1856. Founded in Genoa, the company – made famous by its recognisable red cockerel logo – has since grown to sell its products all over the planet.

May 5, 2022

Second-generation family business co-owner and associate professor of the Faculty of Commerce at the University of Economics in Bratislava, Monika Nadova Kroslakova talks to Campden FB about her reasons for establishing the school’s Family Business Centre, setting expectations for the next generation and the advice she’d give to her younger self.

As a second-generation co-owner of her family’s packaging firm Novplasta Ltd, as well as an associate professor of the Faculty of Commerce at the University of Economics in Bratislava, and the founder of the school’s Family Business Centre, Monika Nadova Kroslakova comes with a detailed wealth of research under her belt.

April 7, 2022

With a family history that has seen fortunes rise and fall on numerous occasions, Maximillian Gehrmann discusses the main reasons why intergenerational wealth is lost.

There’s a very good reason why Maximillian Gehrmann feels an affinity for a famous quote from Germany’s first-ever chancellor Otto von Bismarck: “The first generation earns the money, the second manages the wealth, the third studies history of art, and the fourth degenerates completely.”

April 4, 2022

The chairman of Campden Club’s two-day event on March 30 and 31 talks to Campden FB about his main takeaways.

The chairman of Campden Club’s two-day event on March 30 and 31 talks to Campden FB about his main takeaways.

Over two days at The Grand Hyatt Hotel in Berlin, members of ultra-high-net-worth financial families took part in a series of revelatory presentations and sessions in which the subject of legacy, pertaining to the three key pillars of purpose, people and profit, was discussed.

March 18, 2022

With a well-earned reputation for being one of the world’s finest boarding schools, the Institut auf dem Rosenberg has long instilled entrepreneurial skills and attitudes in its students. Now, with a new cutting-edge program teaching the benefits of technology, they’re preparing the next generation for whatever the 21-Century has in store.

With a well-earned reputation for being one of the world’s finest boarding schools, the Institut auf dem Rosenberg has long instilled entrepreneurial skills and attitudes in its students. Now, with a new cutting-edge program teaching the benefits of technology, they’re preparing the next generation for whatever the 21-Century has in store.

Humanix is the first curriculumin the world to train students' cognitive capacities and literacy through the study of human connectiveness.

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