Market Moves
Family Offices Face a Turning Point
With one-third of family offices expecting to transfer control in the next five years, a new generation will enter the business.
Global equities fueled the strong returns, despite the economic impact of war in the Middle East and choked supply chains, according to Northern Trust.
Funds are using artificial intelligence tools to automate routine functions where errors are recoverable and human review is routine, NCPERS reports.
Prime Super and Aware Super, with a combined roster of 1.4 million members, are in the due diligence phase.