The Essential

North Carolina Puts Billions into Higher-Earning Assets, But Not Crypto

When it comes to investing a large chunk of the state’s $139B pension system in these digital assets, Treasurer Brad Briner says: “I wouldn't hold your breath.”

UBS’ Billionaire Report Shows Surge in New Wealth Is Largely U.S. Based

The annual survey found that there were 196 new self-made entrepreneur billionaires this year, with a further 91 breaching the threshold through inheritance in the same period.

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Morningstar’s Idzorek Explores a New Paradigm for Allocators

FTC Enforcement of Clayton Act Could Be ‘Trap’ For Family Offices

Recent action might mean that family-owned companies are forced to change the composition of their boards or face penalties. 

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