2023 April Issue of Investors’ Regional Insights on the World Business Matters

121st GILC Summit

On June 6, 2023, the 121st GILC Summit convened as an exceptional gathering of esteemed investors, distinguished leaders of single-family offices, and various other investment experts. This summit provided an exclusive opportunity for investment leaders to break away from their daily routines and participate in engaging discussions on various current global topics. The event served as an outstanding platform for like-minded individuals to share their valuable investment insights and knowledge, resulting in the emergence of numerous innovative investment strategies. Given the significance of this summit, it is crucial to highlight some of the most insightful news that surfaced during the 121st GILC Summit.

What is happening in the US?

Charles Sidman, Founder and Managing Partner at ECS Capital Partners, said that, although he can’t comment on anything in particular, things may not be so great in the US from an investment standpoint. Mersin Capollari, Managing Partner/Family Office Advisor at Besimi Ventures, confirmed that the investment appetite in the US had been fairly bifurcated thanks to its high-risk and risk-term investment grade in the public sector. In the private sector, things are going the other way with a lot of investments and deals being made.

What is happening in Australia?

Craig Astill, CEO of the Caason Group, mentioned that the banks decided not to put up interest rates this month, making Australia one of the three countries globally that has now put interest rates on hold. This may be a sign that central governments around the world have identified that these very quick interest rate spikes have hurt. Therefore we might see interest rates going down before the end of this year.

To access exclusive information regarding investment and business news from different nations, as well as unique viewpoints from participating active investors, industry leaders, and single-family office heads during the 121st GILC Summit, continue reading the article on our Medium page for greater insights.