Jenkintown, Pennsylvania (March 13, 2014) – Wigmore Association, a global collaboration of chief investment officers from seven leading family offices representing North and South America, Europe, and Australia, meeting recently in Montana, announced that it will expand its cooperative member services by sharing global investment research and intelligence insights.
Commenting on this latest development, Rick Pitcairn, Chief Investment Officer of the family office Pitcairn and current Wigmore Chairman, said: “This step allows each member firm to shape specific market strategies on a discerning and timely basis around the world. As always, we will continue to manage our respective client portfolios on a standalone basis. Yet we are confident that our combined due-diligence skills will create competitive advantages that enable us to realize greater beneficial results for each of our participating members.”
Pitcairn added that Wigmore’s recent discussions in Montana pointed to greater emphasis on direct investment strategies in a handful of emerging markets over the course of the next year.
Wigmore’s next meeting will be held in Singapore in September 2014. “This choice is by no means accidental,” noted Pitcairn. “Singapore enjoys an undeniable leadership role in the Asian capital markets, and continues to expand its global presence as well.”
Wigmore Association was formed in late 2011, consisting of Pitcairn and six other companies from around the world – The Myer Family Company (Australia), Turim Family Office & Investment Management (Brazil), HQ Trust (Germany), Northwood Family Office (Canada), Progeny 3 (US), and SandAire (UK). Its goal is to further each other’s understanding of issues that are important to the families they serve.
Pitcairn, a founding member of Wigmore Association, is one of the world’s leading family offices. Dedicated to helping families sustain and grow their substantial, often complex financial assets, Pitcairn also supports the unique heritage of its clients across multiple generations. The firm is recognized as an innovator and global leader in the family office industry since its inception in 1923. Today, Pitcairn continues to redefine the family office experience for generations of the world’s wealthiest families. Headquartered in Jenkintown, Pennsylvania, the firm also has offices in New York and Washington, DC as well as a network of resources around the world.