13 Jun 2017
On 14-15 June 2017, Otkritie Capital took part in the Monaco Global Family Office Investment Summit 2017 that brought together family offices, ultra-elite private investors, prominent business owners, Sheikhs, Royal Family members, financial families and their private offices from around the world to network and exchange ideas. The Summit is a private forum, organised exclusively by family offices for family offices, with the aim of creating a platform for the world’s leading experts to identify actionable strategies for generating returns in a market characterised by low rates and high volatility.
The Summit was hosted by Anthony Ritossa, Chairman of Ritossa Family Office, an olive-growing dynasty. The opening keynote panel session explored investment opportunities at a time when world events have dramatically changed financial markets. Representatives of family offices from the US, UK, UAE and Switzerland shared their views on megatrends, geopolitical risks and economic challenges. The discussion then shifted to a lighter note: a look at family offices that have followed their hearts with successful investments in their life passions, including art, sports clubs, and luxury hotels. A further panel discussion took a practical look at how elite businesses got started, grew and eventually evolved into major powerhouses.
Otkritie Capital was represented at the Summit by Kirill Yankovskiy. Kirill joined the panel session discussion on options for families to protect themselves against market volatility. Also on the panel were Frederic Feve (Managing Director at BNP Paribas, Switzerland), Kasim Ahmed (Partner at Deydun Markets, UK), Florian Wagner (CEO of Qbasis Invest, Austria) and Al Razavim (Director at TCA Fund Management Global, Switzerland).
Kirill Yankovsky, Otkritie Capital: “The Monaco Summit was a great opportunity to spend time with several well-established global family offices. The Summit provided invaluable insight into the market’s concerns and gave answers to a number of crucial issues, including whether investments in private equity and hedge funds offer sufficient returns to justify the risks, liquidity and additional fees.”