Client :
Annie Chan, Founder of RS Group, the next gen from famous developer and philanthropist in Hong Kong
Background :
Impact leadership in family offices is becoming increasingly significant as these entities grow and evolve. Family offices, which manage the wealth and affairs of ultra-high-net-worth families, are now focusing more on impact investing and sustainable practices.
The Story :
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Sustainable Investing: RS group has its own investment team working in prioritizing investments that generate positive social and environmental impacts alongside financial returns. This approach aligns with the values of the aspiration of Annie and ensures the pursuance of long-term sustainability1.
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Professionalization: RS group hired professionalized staff to manage its full ESG compliant investment and hired designated staff to promote their advocacy and community engagement with family office peers. They are adopting systematic approaches to manage their diverse responsibilities.
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Next-Generation Leadership: Preparing the new leadership roles in family office and organization is crucial. This involves formal programs to educate younger team members in her corporate and preparing the senior member in the group for taking on future responsibilities and ensuring continuity and unity within the organization.
The Family Office:
RS Group is founded by Annie Chan in 2008 where it is the investing arm for managing the private wealth of Annie while an dedicate office the supporting the vision of Annie to explore ways to engage in philanthropy. It has been on a journey to develop Annie’s portfolio into a total impact portfolio by investing in and supporting for-profit businesses, social enterprises, not-for-profit organizations and initiatives that create social and environmental value while seeking to be a force for making our world more sustainable and just.
Learning Points :
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Impact Investing: Many family offices are now prioritizing impact investing, which involves making investments that generate positive social and environmental impacts alongside financial returns. This approach aligns with the core values and objectives of the family, ensuring a mutually beneficial partnership.
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Women in Leadership: There is a growing trend of women taking on leadership roles within family offices. Currently, women serve as principals in about 15% of family offices worldwide, reflecting a shift towards more inclusive leadership structures
Impact Leadership
