Written by the Economist Intelligence Unit on behalf of Barclays Wealth, this eighth volume of Barclays Wealth Insights examines the characteristics and motivations of family businesses, with particular emphasis on today’s challenging economic environment.
It is based on two main strands of research. First, the Economist Intelligence Unit conducted a survey of 2,300 affluent and wealthy investors with investable assets ranging from £500,000 to in excess of £30 million. Among these 2,300 respondents, almost 300 were family members within a family business. Those respondents that represent a family business were spread across a wide variety of sectors, including retail, construction, financial services, agriculture, energy and utilities, and IT and telecoms. Almost one quarter have liquid assets in excess of £10m. Family business respondents were distributed internationally, with around 80% in Europe and Asia-Pacific, and the remainder in North America, and Middle East and Africa.
This was supplemented with a series of in-depth interviews with experts on family business. Our thanks are due to the survey respondents and interviewees for their time and insight.