National Bank of Canada Highlights Asia-Pacific Opportunities for Family Businesses
Event summary
- National Bank of Canada released the sixth edition of its Family Advantage report, focusing on Asia-Pacific opportunities for Canadian family businesses.
- The NBC Canadian Family Index (NBCFAMTR) has generated a 636% cumulative total return since 2005, outperforming the S&P/TSX Composite Index's 479%.
- The report features insights from executives at CK Hutchison Holdings, Jardine Matheson, and former Canadian Ambassador to China Dominic Barton.
- National Bank has maintained a presence in the Asia-Pacific region for over three decades, supporting trade diversification efforts.
The big picture
National Bank of Canada's report underscores the strategic imperative for Canadian family businesses to diversify into the Asia-Pacific region amid shifting global trade dynamics. With the Asia-Pacific region expected to account for nearly 50% of world GDP by 2040, the report highlights the unique advantages of family businesses in building long-term relationships and trust in these markets. National Bank's extensive network and expertise in the region position it as a key player in supporting this diversification effort.
What we're watching
- Asia-Pacific Expansion
- How National Bank's long-standing presence and networks in the Asia-Pacific region will support Canadian family businesses in diversifying their markets.
- Index Performance
- Whether the NBC Canadian Family Index can sustain its outperformance against the S&P/TSX Composite Index amid shifting global trade dynamics.
- Strategic Partnerships
- The pace at which National Bank can leverage its partnerships with key organizations to foster trade between Canada and Asia.