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Last year, the Hong Kong government established two sovereign funds to stimulate private investments and increase deal flow in local Hong Kong technology start-ups. Given the intense competition for good opportunities, high quality assets and the great responsibility that these funds hold in their hands, there has been greater transparency and recognition for more overt accountability and governance. Looking at it from the professional investor viewpoint, it becomes clear the onus is on the investor to prove that it is the right partner—responsible, professional and able to add value.

Economic and demographic strengths have combined to make India the world’s fastest growing major economy for three years running. In 2016-2017, the country’s GDP, ranked seventh globally the year before, is projected to grow by 6.6%. India’s prime minister, Narendra Modi, embodies a “can do” spirit and champions a pro-business environment.

The 5th edition of the Social Divide index reveals that FTSE 100 companies are sharing more and better financial results-related posts on social media, assembling the right mix of social ingredients to achieve significantly higher levels of engagement than ever before. Indeed, in a clear indication of increasing stakeholder appetite for receiving results-related communication via social media channels, there was a 105% increase in interactions with results content in comparison to 2015.

For the investors who like the tax benefits of Section 1031 (aka “Like-Kind”) Exchanges, they should consider a new option for sheltering real estate capital gains: Qualified Opportunity Zone Funds (QOZF). These funds have arisen as a result of the Tax Cuts and Jobs Act of 2017, which designated Qualified Opportunity Zones to promote investment in economically distressed areas. While 1031s remain a useful tool, QOZFs have many tax and other advantages compared with 1031s.

Since the election, investors have focused on the positive aspects of President Trump’s surprising electoral victory and the end of U.S. legislative gridlock. There will likely be times in the year ahead when the more worrisome, controversial initiatives pushed by the Trump administration will rattle investor confidence—at which point we would view U.S. equities as attractive. Although equity valuations are elevated in the U.S.

The Brexit vote and Donald Trump’s unexpected 2016 election victory have kicked off a wave of pro-nationalist sentiment across the globe. With several key Eurozone countries facing elections in 2017, leading economists and investors envision a possible reshuffling (and even a potential demise) of the European Union. Volatility typically accompanies political transitions, and investors should review their objectives and adjust accordingly. Remember that what goes down often comes back up—eventually.

Wealth does not build itself, but it can be built, nurtured and preserved—not just for you and your generation, but for generations to come. In an unprecedented study into the insights of wealthy families, clear evidence of new wealth management strategies has emerged. There are signs of more inclusive decision-making within the family. Many are looking beyond the balance sheets as they redefine what success means to them. And, importantly, they’re relying more and more on their business acumen to adopt a systematic approach to wealth management.

Fund groups face disruptive developments, as advances in financial technology, often called fintech, continue at an ever more rapid pace. Even as new efficiencies and opportunities blossom, regulators have pushed financial firms to recognize the dangers of technological failures. To prepare for the changes ushered in by fintech, it is important for fund boards, investment managers and separate account advisers to have a deep understanding of the issues and risks surrounding Fintech developments.

Legal developments in digital currencies, including bitcoin, emerge almost on a daily basis across the global landscape. While in Argentina virtual currencies are not legal tender under the country’s National Constitution, in Croatia there are informal statements by the Croatian National Bank that look favorably on the legality of bitcoin. In Estonia, bitcoin income is treated as capital gains, and in Australia, virtual currency transactions are subject to goods and services taxes.

Assuming funds of funds offer nothing in return—or that you get less than you pay for—is a mistake for a surprisingly broad group of investors. That perspective becomes clearer when taking a closer review of the reason investment committees focus their attention on high-level strategic thinking and asset allocation, rather than on picking individual stocks. Similarly, there is a case to be made for investors to use fund of funds, rather than directly selecting individual private equity firms from the thousands of choices available.