Latest news with #diversification
Yahoo
a day ago
- Business
- Yahoo
Quintet Private Bank integrates private markets into client portfolios
Luxembourg-based Quintet Private Bank, with operations across Europe and the UK, has integrated private markets exposure into its client portfolios. Clients with relevant portfolios can now access actively managed exposure to alternative assets, including private equity, private credit, and real assets. These are offered through selected evergreen private markets funds, complementing traditional allocations to equities, fixed income, and commodities. This integration was facilitated by a collaboration with BlackRock and the implementation of the European Long-Term Investment Funds (ELTIF 2.0) framework, effective since last year. This framework reduces liquidity and operational constraints, enabling continuous capital raising, reinvestment, and flexible redemptions. This allows investors to access private markets with simplicity and efficiency similar to traditional public markets. Bryan Crawford, group head of investment & client solutions and member of the Authorized Management Committee at Quintet, said: 'Diversification is a cornerstone of portfolio resilience, especially during periods of heightened volatility. 'We are therefore delighted to partner with BlackRock to integrate exposure to private markets in client portfolios, supporting increased diversification and creating new opportunities to access long-term growth themes.' Quintet's private markets offering includes BlackRock's private markets platform, which manages over €600bn in assets pro forma across multi-alternatives and private equity strategies for investors in Europe, the Middle East, and Asia-Pacific. BlackRock EMEA Wealth Alternatives Specialists Team head Fabio Osta said: 'By supporting the integration of private markets into wealth portfolios, we are making investing in alternatives easier and more accessible for a broader range of investors so they can benefit from the typically higher returns and diversification the asset class offers.' This announcement follows Quintet's launch of multi-manager UCITS funds last year, also co-designed with BlackRock. These actively managed, single-asset-class funds, exclusive to Quintet clients, combine third-party managers to enhance diversification and portfolio performance. Earlier this year, Quintet introduced Future+, a sustainable investment mandate developed with BlackRock, adhering to its environmental, social, and governance (ESG) principles. "Quintet Private Bank integrates private markets into client portfolios " was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Entrepreneur
2 days ago
- Business
- Entrepreneur
India's Family Offices Reach 300 in 2024: Report
While a quarter of these offices still prioritize capital preservation, a broader trend is clear: diversification, global exposure, and intergenerational continuity are now front and centre. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India's ultra-wealthy are no longer content to quietly preserve their fortunes. According to a new EY–Julius Baer report, The Indian Family Office Playbook, they're embracing risk, going global, and rethinking the way wealth is managed. The country now hosts over 300 family offices, up sharply from just 45 in 2018, and many are stepping beyond traditional investing models. The shift is more than cosmetic. While a quarter of these offices still prioritize capital preservation, a broader trend is clear: diversification, global exposure, and intergenerational continuity are now front and centre. Surabhi Marwah, co-leader of Private Tax and partner at EY India, said: "The Indian family office ecosystem is at an inflection point where wealth preservation alone is no longer enough." Today's family offices, typically formed by high-net-worth and ultra-high-net-worth individuals, are evolving into sophisticated wealth management engines. Their remit stretches beyond financial returns, covering everything from philanthropy and governance to succession planning and international compliance. The result: a model that is more institutional, nimble, and global in ambition. But with opportunity comes complexity. Nearly half of the family offices surveyed cited concerns over shifting tax laws, while 37 per cent flagged challenges around cross-border regulations. These anxieties aren't sidelining global ambitions but are now baked into how portfolios and structures are designed. "Family offices are increasingly catering to first-generation entrepreneurs who are more risk-tolerant and open to emerging sectors," said Umang Papneja, CEO of Julius Baer India. "As the scale and complexity of wealth grow, there's a stronger focus on strengthening governance, growing asset value and planning for legacy succession." Even so, the road to alternatives is being walked carefully. Despite growing interest, 57 per cent of family offices still allocate less than 10 per cent of their holdings to private equity or venture capital. The reasons range from limited access to cautious investment postures, underscoring that while ambition is high, risk appetite remains measured. Another critical area of evolution is governance and succession. The report shows that while 59 per cent of family offices have wills or constitutions in place, only 19 per cent have moved to adopt formal legal structures like private trusts or LLPs. This gap between intent and execution could prove costly as wealth transitions to younger generations. "Preserving and enhancing generational wealth lies at the heart of every family office," said KT Chandy, Partner and Co-leader of Private Tax at EY India. "In the process, they enable seamless succession through structures like private trusts, aligned shareholder agreements, and defined governance roles." Looking forward, several trends are expected to define the next phase of India's family office journey. GIFT City is emerging as a key hub for cross-border structuring and tax efficiency, while ESG investing is aligning portfolios with the values of the next generation. Technology and data are also playing a growing role, especially in risk monitoring and strategic rebalancing.
Bloomberg
2 days ago
- Business
- Bloomberg
Funds Flexing 60/40 Playbook Become Investor Favorites in India
Indian funds that offer built-in diversification by combining stocks with assets such as bonds and gold lured in more money than pure equity ones last month for the first time in a year, pointing toward a potential long-term investment shift. The so-called hybrid plans attracted a net 208 billion rupees ($2.4 billion) of inflows in May, while stock funds garnered just 190 billion rupees, according to data from the Association of Mutual Funds in India. The switch comes as global geopolitical turmoil escalates and Indian equities trail their worldwide peers amid concern over weaker earnings growth.
Arabian Business
4 days ago
- Business
- Arabian Business
RAK business hub driving SME growth with strategic infrastructure, support services
Small and medium-sized enterprises are the backbone of the UAE economy, making up 94 per cent of businesses and contributing more than 40 per cent to GDP. As the country pushes ahead with its post-oil diversification strategy, ecosystems that support SME growth are becoming critical infrastructure. One such ecosystem is the Ras Al Khaimah Economic Zone (RAKEZ), home to more than 30,000 thriving, diverse businesses, the majority of which are SMEs. Positioned away from the spotlight of Dubai and Abu Dhabi, RAKEZ has built a platform that is helping early-stage companies launch, expand, and compete – both locally and globally. Strategic, Without the Noise Ras Al Khaimah offers a unique value proposition: proximity to major markets, access to regional ports and airports, and a significantly lower cost base. This has made it an attractive landing ground for startups priced out of other regions or looking for operational flexibility in the early stages of growth. While RAK's industrial foundations have long supported manufacturing and logistics firms, the emirate is now doubling down on digital startups, creative industries, and service-based SMEs. A platform built for startups RAKEZ has designed its offering specifically around SME needs. Entrepreneurs can choose from a wide range of licences, from commercial to e-commerce to media, and benefit from simplified setup processes, digital onboarding, and access to funding networks through local bank partnerships. Its coworking centres have become hubs for startup activity, offering flexible workspaces and hosting regular business events. Support extends beyond office space: RAKEZ also provides mentorship, advisory sessions, and tailored packages for women-led businesses. The strategy is working. Footfall at RAKEZ's main coworking facility has quadrupled since its launch, prompting the development of a second, larger centre. The aim: meet demand from companies looking to scale without relocating. From RAK to the world Several high-growth companies have emerged from the RAKEZ ecosystem. Falcon AI relocated its operations from the US to Ras Al Khaimah in 2021 to pilot its AI technologies in the UAE market. Cybersecurity firm ComStar and software solutions provider iDigitize have also used the zone as a springboard for wider expansion, citing flexibility, cost-efficiency, and RAKEZ's startup-focused infrastructure as key advantages. Aligned with the national vision What RAKEZ is building is closely aligned with the UAE's broader goals: boosting the digital economy, creating jobs for youth, supporting women-led businesses, and reducing reliance on oil-driven growth. In doing so, it has positioned itself not just as a business zone, but as a microcosm of the country's innovation agenda. With the UAE aiming to increase SMEs' contribution to GDP to 50 per cent by 2031 under its Entrepreneurship Agenda, RAKEZ's role in this landscape is becoming increasingly significant. For founders looking for a serious, scalable base of operations, it offers more than incentives: it delivers infrastructure, community, and access.
Bloomberg
4 days ago
- Business
- Bloomberg
China Doesn't Hold Upper Hand Against US, Biden Official Says
It will take 'a generation' to diversify some of the US dependency on China for rare earths and other pieces of global supply chains, but that doesn't mean Beijing holds the economic upper hand over Washington, former US Deputy Secretary of State Kurt Campbell said. 'There are certain areas where China could do enormous damage to American manufacturing and high-tech, but it's also the case that the US can take actions that would really impact the Chinese economy,' Campbell said in an interview with Bloomberg TV Wednesday.
