Greetings from BFI @ SMU!
Family businesses are the most important pillar of Asia Pacific’s economies. In the past 10 years, these companies have delivered a 261% cumulative total returns.* In 2012, for the first time, the number of high net worth individuals in Asia has surpassed North America with a total of 3.37 million high net worth individuals.**
As business families look to secure their legacy and grow their businesses for generations, a neutral platform that can serve the needs of business families is required. BFI @ SMU will leverage on its leadership role in this area to create an interconnected platform for the benefit of business families. The strength of BFI @ SMU lies in the strategic partnerships and collaborative efforts with internal units as well as other institutions and organisations that share a similar focus.
It is our sincere hope that you will join us in this journey as we create new Asian footprints with business families.
Professor Annie Koh (PhD in Finance)
Professor Emeritus of Finance (Practice)
Founding Academic Director
Business Families Institute,
International Trading Institute
Singapore Management University
*16th Annual World Wealth Report 2012 (19 June 2012)
**Credit Suisse Emerging Market Research Institute — Asian Family Businesses Report 2011 (October 2011)