Weekend Reads for Advisers: Family Offices, Fiduciary Duty, and High Frequency Trading

Categories: Behavioral Finance, Private Wealth Management
Weekend Reads

Last year, the Financial Times conducted it’s biannual Family Office Survey on topics such as risk tolerance, asset allocation, and performance expectations and uncovered some interesting results. For example, despite seemingly low risk appetites, the average family office still had an allocation to “high risk” assets of more than 70%. Also, even in an economic climate with low yields and increased uncertainty, most family offices were targeting returns of 4% or more above current cash rates. A new paper from Towers Watson — “Family Offices — Aligning Investment Risk and Return Objectives” — explores some of the results in more detail.

Here are some other interesting reads from the past couple of weeks, in case you missed them:

Investing

Neuroscience/Behavioral Economics

High Frequency Trading

FATCA

Fiduciary Duty vs Suitability Standard

Social Media

Financial Planning

And Now for Something Completely Different


Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.

Photo credit: ©iStockphoto.com/JLGutierrez

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3 comments on “Weekend Reads for Advisers: Family Offices, Fiduciary Duty, and High Frequency Trading

  1. Savio said:

    Like Doug above, I very much enjoyed the Frank Shorter story – never heard of him before , very inspiring. Much appreciate.

  2. Lauren Foster said:

    Doug and Savio, thank you for your kind comments. Glad to know you enjoy the weekend reading blog posts.

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