«If there’s one thing I’ve learnt over the years, it’s that you shouldn’t go against the market«That is the blunt remark made a few days ago by a senior executive at a national bank to one of our clients. In fact, it is a phrase we have heard on many other occasions from various bank employees, and even from some savers, over the nearly three decades that we have been investing our money and that of our clients.
The question we are going to try to settle once and for all is whether it is true that, in the long run, we must stand up to Mr Market, or whether, on the contrary, we should let our investments ride out the ups and downs of the markets. And the answer may come as a surprise to more than a few: It depends on whether we are bankers or investors. Let us explain. (more…)



The concept is new and meets a logical and increasingly common need in a globalised world. It is common knowledge that Family Offices are companies or groups of professionals that are essentially dedicated to the management and control of the assets of one or several families, as well as to attending to all aspects that may affect these family groups, such as taxation, legal advice or assistance in family logistics and concierge services (concierging), among others. But the new figure that has appeared for the users of a Family Office (whether they are Clients of a Multi-Family Office, or owners of a Single-Family Office), is that of the Outpost FO, or global support network for a Family Office.
Aquí tenéis el video de 30 minutos que el gurú de la gestión global macro, Ray Dalio (



