|
No images? Click here With valuations rising and PE joining in, investment in pro sports grows at the family officeOwning professional sports teams—or a stake in one—has long been an exclusive club. But with an increasing role for institutional investors and the universe expanding to include more leagues, more Canadian family offices and ultra-high-net-worth individuals are seizing the opportunity to own a piece of this changing asset class. Several developments have opened the door for more family offices to invest in professional sports, says Robert Janson, co-chief executive officer and chief investment officer at Westcourt Capital in Toronto. Among them are the exponential increase in major league franchise valuations over the past 10 years, the involvement of private equity in the space and the diversification and expansion of the sector. This was one of our most popular articles last week. Where you'll find us
Feel free to send us feedback at info@CanadianFamilyOffices.com MEMBER CONTENTThe Iran conflict’s silver lining for global ex-US StocksMarkets don’t move on what happens alone—they move most on the gap between what happens and what investors expected. When reality beats depressed expectations, prices tend to rise to close that gap. Our research suggests the Iran conflict created exactly that dynamic for non-US developed markets. While the Iran war reset sentiment lower everywhere, it hit professional expectations for Europe and Asia particularly hard—harder than reality warrants. We think this makes the case for non-US leadership even more compelling than at 2026’s outset. This article is brought to you by Fisher Investments Institutional Group+. MORE TOP STORIES7 ways affluent families can raise grounded children in a world of abundance‘The challenge for modern affluent families is how to balance extraordinary opportunity with the equally important task of developing independence, perspective, and resilience.’ As tech reasserts its dominance, meet Canada’s top 10 technology mogulsTechnology is a big generator of global billionaire fortunes, and many of those entrepreneurs hold Canadian citizenship. From Tobias Lutke and Christopher Olah to David Cheriton and Michelle Zatlyn, we list 10 of the ones who have hit it biggest. RECENT ARTICLESRenewed curb appeal: Where to invest $1 million in real estate today - Canadian Family OfficesOpportunity is knocking, four advisors say, with low global supply, attractive valuations for REITs, and rising demand. Next-gen investing: ‘Our generation is really starting to rethink how family offices work’Younger family members want to talk about better technology, higher risk and new advisory relationships. Families seeking outside advice want investment diversification, ‘octane for their portfolio’But outsourcing can also bring a loss of control and reduced transparency. Video: ‘Beyond the Family Business’ with Jen McCain‘Defining yourself and your individual identity outside of the system is a really important piece of being part of a large family business.’ Sponsored by BMO Private Wealth From shirtsleeves to … retirement from Canadian Family OfficesDave Michaels looks back on the launch of CFO, and he has some people to thank. |