Before I share my thoughts on the above topics, it is important to understand my experience and depth of engagement with some of the large business families. While my experience has been limited to North Indian families, but I do believe at a philosophical level there may not be much difference in the construct of […]
There has been phenomenal volatility in most markets which has not been seen previously, for instance, VIX for Indian stocks at 70 is rare and given the uncertainty prevailing in the environment it is unlikely that VIX will get closer to its long term trend in the near future. The Drawdown from Peak to Trough has been […]
Over the past few months, I have tried to understand, how people relate to a family office. The common lingo is that Family office is all about Investments and in some cases succession planning (restricted only to Trust and Estate Planning). In my personal view based on my 26 years of exposure to working with […]
In my personal view, and based on my learnings and interactions with multiple stakeholders over the last many years, here are my key takeaways w.r.t. Family Role in managing Family Investment. 1. In order to get similar attention as for any business run by the family , it would be a great idea if similar […]
Family members must take ownership of their decisions and not outsource family’s wealth management to advisors. I had a few interactions in the last couple of months and it seems to me that some of the Family Offices outsource the investment process to advisors and in few cases, the sponsors take a casual approach to […]
The Objectives of the Family may need to evolve around the following: Ensure family harmony, love and affection even if businesses realigned Protect and enhance the family brand and reputation Protect and grow family wealth and seamless transfer of wealth The family should take complete ownership of their decisions even while they engage Advisors and […]
My sincere thanks to all of you for your good wishes and blessings. It’s been 21 years of wonderful journey with the Hero Group, which is 2/3 of my total work experience, I have learned a lot working closely with the members of Munjal family and various organizations within the Hero Group. There is a […]