February Market Update 2025
This month we discuss the violent equity rotation from the US and growth to Europe, EM, and value, America’s hard-line trade revisionism, falling bond yields, and developments in Ukraine.
Early Engagement: The key for successful next generation transition
Maria Villax, Head of Family Strategy & Governance at Bedrock was invited by STEP, to be a panellist at the STEP Global Congress 2022.
Taking place over two days, the congress covered a wide range of thought-provoking topics including, modern families, modernisation of the estate industry, trusting trusts, supported decision-making, and artificial intelligence (AI).
Kecia Barkawi-Hauser TEP ( VALUEworks), and Iraj Ispahani, (Ispahani Advisory) and Maria explored ‘the importance of family businesses from the rising generation’s perspective’.
Key insights from the panel were:
- The transitioning of family businesses needs to be done so in a sustainable way
- The needs of both the current and future generation should be balanced
- Define clear relationships, roles, and processes at the start
- Emotional attachment and investment to the business needs to be cultivated early on
- Involving the next generation in decision-making should be gradual
- Families may need to evolve their purpose to meet the needs of the next generation
- Improve next generation participation through governance tools and forums.
STEP is the worldwide professional association for those advising families across generations, offering training and development to a global network of trust and estate practitioners. You can find out more about the organisation and their upcoming events here.
For further information about any of the insights shared above or to find out more about Bedrock’s Family Strategy and Governance services, please do reach out to:
Maria Villax, Head of Family Strategy & Governance – maria.villax@bedrockgroup.com.
Related Articles
Inside Private Credit: A Conversation with Greg Racz of MGG Investment Group
In this article Neil Benjelloun, Bedrock’s Senior-Vice President of Private Markets, hosted a live Q&A session with Greg Racz, Co-Founder and President of MGG Investment Group, to shed some light on the unique aspects of private credit, including its advantages over traditional lending models, market misconceptions, and emerging opportunities in the space.
Unlocking Value in Fixed Income: A Strategic Approach for 2025
The fixed income landscape has changed dramatically in recent years. In this interview, Alex Perowne, Head of Fixed Income at Bedrock Group, shares his insights on where the most promising opportunities lie, how market dynamics have evolved, and why fixed income remains a strong option for investors in 2025.