Day: 3 July 2018

More than 300 family offices attended the sixth Global Family Office Investment Summit in Monaco from June 27-29. An A list group of more than 400 investors and business leaders from around the world converged in Monte-Carlo under the High Patronage of His Serene Highness Prince Albert II of Monaco, invited by Ritossa Family Office.

The elite group of attendees, which represents more than $2 trillion in investor wealth, listened to presentations from more than 80 esteemed global speakers.

The summit is often referred to as the Davos of Family Offices, said Giuseppe Ambrosio, President of the Monaco Single and Multi Family Office International Association.

Special thanks were addressed to the advisory board members, in particular to Mr Eric Brundage, owner of Monaco Life, who acted as Master of Ceremonies during the summit, and to HRH Prince Michael of Yugoslavia, Grandson of King Umberto of Italy and Prince Paul of Yugoslavia.

Among the other prestigious board members participating to the event were H.E. Zulfiquar Ghadiyali, CEO, Private Office, H.H. Sheikh Tahnoon Bin Saeed Bin Tahnoon Al Nayan from UAE, Giuseppe Ambrosio ACA , President of Monaco Single and Multi-Family Office International Association from Monaco, Markus Lehner, Principal, Markus Lehner Family Office from Monaco, Candice Beaumont, CIO, L Investments Family Office in USA and UAE, and Wendy Craft, COO, Favara Family Office from USA.

“It was so nice to meet such an array of international business moguls and talent. Anthony Ritossa did an incredible hard work to create these stellar events as well as the sterling advice given by his prestigious Advisory Board,” said Sheila Barry Driscoll from the Billionaire Foundation.

“Investing in a new age” was the theme of this Monaco Summit, which was intended to act as a bridge between European family offices and their counterparts in the Middle East, US, Asia and Latin America, to meet, network and exchange information in a safe-harbour environment.

Presentations and interactive round-tables were oriented on human values and environmental projects, interesting for family offices investments, starting with “Monaco ‘s Long term strategy in attracting the global Super Elite,” by Mr Michel Bouquier, Senior Advisor at the Department of Finance and Economy of Monaco, and followed by many other important subjects such as Fintch Cryptocurrencies and Initial Coin Offerings

Best Family Office Awards for 2018

The Awards were presented by Hollywood star Daniel McVicar

Family Office Lifetime Achievement in Strategic Philanthropy Award for 2018: Stelios Philanthropic Foundation, collected by Sir Stelios Haji-Ioannou.

Best Family Office Asset Manager Award for 2018: Mediatrix Capital, collected by CEO  Michael S. Young.

Best Family Office Innovation in Private Equity with Impact Award for 2018: Collier Capital, collected by Head of Family office Stephen Stephen Ziff.

Best Family Office Private Banker Award  for 2018: CMB, collected by CEO Werner Peyer.

Best Family Office Shipping & Yachting International Legal Counsel Award for 2018: MB Law Office, collected by Irene Ballini.

Best Family Office Fund Manager Award for 2018: GFG, collected by CEO Stefano Zavaglia.

Best Family Office Social Responsibility Report Award for 2018: Ferrero collected by Guido Giannotta.

As part of the strengthening of the professional integration of graduates, the Graduate Integration Commission (CID) has just held a first VIP Workshop (Towards Professional Inclusion) for Guidance Counsellors and the Centre for Professional Development of the National Education Information Service (CIEN).

Muriel Bubbio, in charge of the integration of graduates into the workforce, said: “Developing a partnership with the National Education, Youth and Sports Department and more particularly with those involved in professional guidance is essential in order to enable future graduates to prepare their professional integration in Monaco.”

A forthcoming VIP Workshop is already planned in October to update the expertise of the career advisers in the various high schools in Monaco.

The annual session of the Board of Directors of the World Food Programme opened on June 18 with a high-level meeting on the Sahel, in the presence of the President of the Republic of Niger, HE Mr. Mahamadou Issoufou, also chairman of G5 Sahel, where WFP declared a level-3 emergency.

Martine Garcia-Mascarenhas, Second Secretary at the Embassy of Monaco in Italy, Deputy Alternate Representative to FAO and WFP, made a statement honouring the 10th anniversary of the partnership between the Principality and WFP and the 2018-2020 Development Assistance Strategy of the Prince’s Government, which makes food security one of its four priorities.

She announced the launching of a new partnership with the WFP on food fortification in Niger as part of the Nigerian President’s 3N “Nigerians feed Nigerians” Initiative, which responds to the 2030 Agenda for Sustainable Development.

On the sidelines of the session, on the occasion of the centennial celebration of President Nelson Mandela’s birth ‘Be the Legacy,’ Ms. Garcia-Mascarenhas met with Sory Ibrahim Ouane, Director and Representative of the WFP Office in Niger, who welcomed Monaco’s growing commitment to children suffering from malnutrition – 43 per cent of children under five in Niger.

Although sickle cell disease is the most prevalent genetic disease in the world with 50 million carriers, mainly in the countries of the tropical belt, very few doctors and nurses are trained to treat it.

The common guide for the management of sickle cell disease in Africa is the result of a close collaboration with the referring doctors and the patient associations of the sickle cell network of the Monegasque Cooperation, operating in Burkina Faso, Madagascar, Mali, Mauritania, Niger and Senegal.

A collection of the know-how and good practices of long-standing doctors working against this disease, this guide is a practical tool for all practitioners, whether in urban hospitals or rural health centres.

Each of the six ministries has drafted an introductory word for the edition of the guide to be distributed in their own country, commending the initiative and the remarkable progress in the fight against the disease.

Monaco’s Direction of International Cooperation, the firm STEPS Consulting, which coordinated the work over three years, and the contributing doctors will make an evaluation of the use of the guide and its impact on those affected.

The fight against sickle cell disease has been a flagship programme of the Monegasque cooperation for more than 10 years. It is based on three pillars: caring, training and creating a dynamic network for treatment.

PHOTO: Official delivery of the guide by Anne Poyard-Vatrican, Assistant Director of International Cooperation to Professor Mamy Lalatiana Andriamanarivo, Minister of Health of Madagascar, in the presence of Professor Olivat Rakoto Alson and Pascale Jeannot, President of the NGO ‘Fight Against Sickle Cell Disease’ in Madagascar. © DCI