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Can a family structure withstand attack by a Trojan horse?

Published: Thursday May 12 2016 Much ink has been spilled in the financial press in recent years over the parlous financial state of certain Eurozone countries, and of Greece in particular. That country's national mythology contains many interesting facts about the misadventures of its dynasties. For instance, we read that King Priam and Queen Hecuba, to whom the throne of Troy had been passed down though many generations, were warned in a prophetic dream that one of their 19 children, Paris,...

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Multi-Generational Wealth

[embedded content] Published: Wednesday May 11 2016 The third edition of the Latam Family Office Master Class took place in Nassau from 4 to 6 April 2016, with more than 60 guests in attendance. This event was a great success, built around trends, workshops and exchanges of new ideas in the family office industry. Among the speakers we had the pleasure of welcoming, John A. Davis, Faculty Chair, Families in Business Programme, Harvard Business School; Paul Mc Ginley, captain of the 2014...

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Dr David Agus

Published: Wednesday May 04 2016 Medical science made a wrong turn in the 1920s, according to Dr David Agus. An experiment took a dozen people with significant cuts on their legs, and treated half of them by wrapping bread dipped in water around the leg and half by leaving the leg open to the air. People with the bread on their legs healed twice as fast, and that spawned something called germ theory. ‘Germ theory says that as soon as you know what you’re up against, you know how to fix it....

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China: Something has to give

Published: 12th April 2016 Download issue: A trip I took to Hong Kong and Singapore in March proved a useful way to gauge the mood of clients on China’s doorstep. Overall, my meetings with these clients—all entrepreneurs with significant investments in the Middle Kingdom— tended to confirm what other observers have been saying: the Chinese authorities have the resources to ensure the economy attains 6.5%-7% growth this year, and maybe even next year as well, but things may get complicated...

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In conversation with Dr Richard Isaacson

Published: Wednesday April 06 2016 One of the biggest challenges facing medicine as populations age is the cognitive decline associated with Alzheimer’s, the target of considerable investment in research which has yet to find a cure for patients with this distressing condition. But a pioneering Alzheimer’s prevention clinic at New York-Presbyterian/Weill Cornell Medical Center offers cutting-edge prevention strategies that can delay its onset. The clinic was founded in 2013 by neurologist...

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Financial markets looking for a second wind

Published: 17th March 2016 Download issue: Financial markets search for a second wind Equity markets in developed economies rebounded in February, after spending December and January in an attitude of crisis. We think that this is just a tactical rebound, rather than a return to the bull market that prevailed on equity markets from 2009 to 2014. The fundamentals that limit the upside for equities have not changed; meanwhile, the limits of central bank policy are becoming increasingly...

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2016 off to a turbulent start

Published: 12th February 2016 Download issue: A turbulent start to a volatile year Global markets had a very difficult start to 2016, with equity markets experiencing one of the largest January falls in history, currency markets also seeing major disruption, and a sharp widening of spreads on high yield corporate bonds. By the end of the month, though, there were signs that a rebound was underway. Although the magnitude of the sell-off was clearly a concern, these developments are not out...

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