Family Wealth: How to Engage the Next Generation?
The family wealth, which is transferred from one generation to another in the US, has reached unprecedented levels. It is estimated that each generation leaves about $3.2 trillion to its heirs. One of the reasons the size of inherited property is so large is the Tax Cuts and Labor Act, which was passed in the U.S. a few years ago. This law increased the tax exemption. This exemption has the potential to change demographics on the overall wealth spread of this country.
Biotech vs. Pharmaceutical Companies: What’s the Difference Between Them?
Both biotechnology and pharmaceutical companies are engaged in the production of drugs. The difference is that while biotech companies use living organisms to make drugs, pharmaceutical companies use chemicals. However, the use of the term biopharmaceutical companies complicates the situation. This term is used to refer to companies that use biotechnologies as well as chemicals in their medical research and development efforts.
9 Strategies to Help Protect Your Portfolio From Interest Rate Rises
Investors should keep a close eye on interest rates. In some cases, high interest rates are good news — for example, when an investor expects a return on a high-yield financial account or investment vehicle. In other cases, however, high interest rates can damage the performance of an investment portfolio. This is why investors should always be prepared for sudden market changes.
Large Investors Are Increasingly Choosing Hedge Funds
More and more investors are investing in hedge funds. They want to protect their investment portfolios from inflationary concerns. According to several research, hedge funds already manage nearly $4 trillion in assets, with the number of investors buying alternative assets still growing.
