Global Family Enterprise Council - 22 & 23 March 2017


Wednesday, March 22, 2017 - 8:30pm to Thursday, March 23, 2017 - 2:30pm
The FOX Global Family Council is comprised of family office CEOs and wealth owners overseeing the most sophisticated multi-generational, multinational family offices.
The purpose of this council is to focus on sustainability of the family with discussions including family governance, owner education, strategic planning, and best practices for effective management of the family enterprise.
Each Council works from a FOX developed curriculum that is tailored to the needs of the Council. Meetings include content from the curriculum as well as specific topics and discussions requested by the Council members. FOX provides the appropriate internal and external resources for lively, fruitful meetings.
If you have questions, please contact Ken O'Young.

  • Agenda


Wednesday, 22 March

8:30 AM 


Continental Breakfast

  • Served in the Mayfair Room




9:30 AM


Key Factors in Fostering Entrepreneurship in the Family Enterprise

Presented by Miguel Lopez de Silanes, Former Madrid Family Office Executive and FOX Market Leader for Europe Latin America

Miguel will share his own experiences in mentoring entrepreneurship and the latest research from leading university programs on the factors that keep the entrepreneurial spirit alive in the family.  Along with FOX, Miguel will share case study examples of each of the following:

  • Guiding principles of entrepreneurial families
  • Role of values and culture in family enterprise success
  • Attitudes and behaviors of successful entrepreneurs in family enterprises




10:30 AM


Networking Break




11:00 AM


Case Study: The Ups and Downs of an Entrepreneurial

A speaker will provide background on his family and his interest in environmental technologies and alternative energy.  He has offered to share the lessons he has learned while working in the environmental investment field, specifically related to financing and overseeing alternative strategies.




12:15 PM



  • Served in the Mayfair Room




1:30 PM


Peer Dialogue Among Participants

Each participant will provide an update on what they have been working on, and what their priorities are for 2017.  Key goals and strategies should be identified for each segment of the family enterprise, and the action steps that the family plans to undertake in order of priority. 




3:30 PM


FOX Research on Strengthening the Partnership between Families and Advisors

Presented by Sara Hamilton, Founder and CEO, Family Office Exchange

Sara will share the final report on the 2016 FOX Thought Leaders Summit on Strengthening the Partnership between Families and their Advisors for discussion purposes.  FOX learned that by strategic partnering, families are better positioned to operate in an increasingly complex and unpredictable global environment.  Partnerships optimize family and advisor relationships.

During the session the Council will engage the group in a dialogue about:

  • Why families should build a “Partnership Culture” and how they operate within a family/advisor ecosystem
  • Steps families can take to strengthen their present and future partnerships
  • How GFEC members view partnerships and participant ideas on how these partnerships might be improved 




7:00 PM


Cocktails and Council Dinner

  • Venue to be determined


Thursday, 23 March

8:30 AM


Continental Breakfast

  • Served in the Mayfair Room




9:00 AM


Operating in an Era of Distrust

Andrew Hunt of Hunt Economics Ltd.

Andrew is joining the council again to bring the GFEC a world view, with a focus on the changed political environment in the UK and the US (other countries seem to be considering protectionist views as well).  Regionalism and populism may be profound as risk premiums rise, global institutions lose trust and technology innovations change the way things work.  This confluence of emerging trends must be understood so that GFEC members can position the complex moving parts of your family enterprise to remain at the leading edge.




10:30 AM


Disruptions in the Investment Industry and the Future of Alpha

Presented by Kristi Kuechler,
President of the Private Investor Center at FOX

Kristi will identify trends that are changing the future of the investment industry and the way investors access investment products.  The discussion will focus on the future of alpha and how sophisticated investors are adapting as they continue to seek outsized returns for their families.

Some of the trends discussed will include the following:

1)    The commoditization of long only equity: the decline of active management and the rise of passive and factor-based investment strategies.

2)    Rethinking asset class allocation: how should factor-based investment strategies be considered, if at all, and how should tactical opportunities or market environments be incorporated into portfolio construction?

3)    Reassessment of hedge funds in the face of industry-wide weak returns.  Whether generating “alpha” or volatility reduction, are hedge funds delivering, particularly after fees and taxes? 

4)    Reconsidering private equity - funds and direct investments - as investors seek the coveted illiquidity premium in the pursuit of double digit returns.​




12:00 PM


Networking Lunch and Group Discussion

  • Served in the Mayfair Room




1:15 PM


Discussion of Emerging Wealth Owner Trends and:

  • Topics for Next Meeting’s Agenda on 18-19 September 2017




2:30 PM


Meeting Adjourned


*** Business casual attire for meeting ***