Investing in the rich of this world : family investment holdings and their performance

Masset, Philippe (Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland) ; Weisskopf, Jean-Philippe (Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland)

This paper investigates the characteristics and performance of family investment holdings across the world. Their unique combination of family wealth and expertise and investments in stock markets make them a special asset class for retail investors. We find that families are strongly involved in terms of stake and management both in their holdings and the holding’s investments. We further document a significant outperformance of family investment holdings globally and in Europe and a more contained performance on Asian markets. Holding characteristics and the economic environment appear to have some limited influence on performance.


Keywords:
Conference Type:
full paper
Faculty:
Economie et Services
School:
EHL
Subject(s):
Economie/gestion
Publisher:
Lausanne, Suisse, 15-16 mai 2017
Date:
Lausanne, Suisse
15-16 mai 2017
2017
Pagination:
26 p.
Published in:
Actes de la 16ème Conférence Internationale de Gouvernance
Appears in Collection:

Note: The status of this file is: restricted


 Record created 2017-11-06, last modified 2019-06-11

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