Global Partnership has brought together a group of 10 exceptional individuals, who as family office executives and close advisors or consultants to family offices, form our advisory board. The advisory board meet on a quarterly basis to discuss our services, products and focus ensuring they are developed in line with the requirements and interests of family offices and their principals.
Through our dedicated seminars in 2010, we look to offer insightful topics on areas such as charity investments, uncorrelated investments, hedge funds, offshore jurisdictions, alternatives, bespoke structured products and many more. If you would like to attend any seminars in 2010, or would like us to keep you informed on specific seminars which may interest you, please contact us.
As well as these, we hope you will continue to find the quarterly published FamilyOfficeGlobal (FOG) magazine of interest. It has been specifically designed for family offices and we are always very interested in your thoughts and feedback on how we can improve it.
We thank you for your continuing support of Global Partnership.
Why was it that the onset of the credit crunch caught out some of the most astute market participants (including family offices)? How can investors understand the causes and implications of ‘boom and bust’ economics? What does the future hold?
At the Global Partnership, we have designed a number of educational courses to address these questions and to offer a fresh approach to family offices who wish to sharpen
their vision and avoid the predictability (or should it be unreliability?!) offered by many economists. Here are the highlights from three courses which we think will be of interest to family offices throughout 2010.
‘The liquidity theory of asset prices’, demonstrates that knowledge of liquidity is vital for an understanding of markets. We are reliably informed that it is the only course in the world that offers an accessible explanation of the complex relationship between liquidity and the movements of asset prices, combining accessible theory with practical examples. The course has been written and is co-presented by Gordon Pepper, a former advisor to Margaret Thatcher. Delivered on four continents over the last six years, the course has received approval from the CFA and the SII.
One of the few people to have accurately predicted the credit crunch, Leigh Skene, has just written a new book which is going to be published by Profile Books this autumn. Leigh has turned this book into a course for family offices. ‘The impoverishment of nations’ looks at economic, financial and political factors to explain how globalization degenerated into the mess we are currently in, what the authorities are doing about it, how effective their efforts are likely to be and the probable outcomes for the global economy and financial markets. The course will give people responsible for forward planning a framework on which to base their assumptions and will give investors insights into factors that will affect asset allocation decisions.
An issue that has taken on an added impetus during the recent financial turmoil is whether the euro or Chinese renminbi will eclipse the dollar as the reserve currency.
Michael Oliver hosts a short course, ‘Britain from 1914, the US from 2014?’ which draws on the clear historical parallel with sterling to highlight the differences this time around. Is it axiomatic that the euro or reminimbi can replace the dollar? Will a new reserve currency, forged out of significant currencies and commodities, be a more practical alternative? Would the demise of the dollar be inflationary or deflationary? What is the implication for real rates of interest and asset prices?
We also have a series of bespoke courses for family offices on next generational planning which will be highlighted in the next issue of FOG. For more details on all of our courses, please contact Michael Oliver.
