A Palace in the Old Village: A Novel by Tahar Ben Jelloun

By Tahar Ben Jelloun

Award-winning, the world over bestselling writer Tahar Ben Jelloun's new novel is the tale of an immigrant named Mohammed who has spent 40 years in France and is ready to retire. Taking inventory of his lifestyles- his devotion to Islam and to his assimilated children-he comes to a decision to come back to Morocco, the place he spends his life's discount rates construction the largest apartment within the village and waits for his childrens and grandchildren to return be with him. A heartbreaking novel approximately mom and dad and kids, A Palace within the previous Village captures the occasionally stark contrasts among outdated- and new-world values, and an immigrant's abiding pursuit of home.

(Book was once initially released in French by way of Gallimard, 2009. )

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Extra resources for A Palace in the Old Village: A Novel

Sample text

Das Family Office ersetzt nicht die bisherigen oder die künftigen Finanzdienstleister wie die Banken, die Vermögensverwalter oder Versicherungsmakler, die die Anlagestrategie der Familie weiterhin operativ umsetzen. Vielmehr positioniert es sich zwischen die Familie und die ausführenden Partner, indem es die Interessen der Familie vertritt sowie die Arbeit der Dienstleister kontrolliert und steuert (vgl. 9). Gleiches gilt für das Verhältnis des Family Offices zum Steuerberater der Familie. Auch hierbei geht es nicht darum, Letztere zu ersetzen.

Sie werden dadurch zum gewerblichen Multi Family Office. Je stärker hierdurch die gewerbliche Prägung der Gesellschaft ausfällt, desto aufmerksamer müssen die Gründerfamilien aber auch mögliche Interessenkonflikte im Auge haben. Allerdings dürften die mit dem Verkauf von klassischen Family-Office-Leistungen verbundenen Ertragserwartungen nicht allzu hoch angesetzt werden. Es muss damit gerechnet werden, dass Mandantenfamilien eine ähnliche Kostensensitivität zeigen wie die Gründerfamilien und dass die Margen deshalb nur sehr gering ausfallen.

Zuletzt kann das Family Office überwachen, dass stets die festgelegte Assetallokation eingehalten wird. Das Reporting schafft aber auch für die Familien selbst Transparenz. Der Unternehmer ist es gewohnt, regelmäßig von seinem Controlling-Stab oder vom Wirtschaftsprüfer Daten zu erhalten, die er für die Beurteilung der betriebswirtschaftlichen Entwicklung seines Unternehmens benötigt, um Schwachstellen oder Fehlprozesse zu identifizieren und um über Maßnahmen zu entscheiden mit dem Ziel, den Betrieb „auf Spur“ zu halten.

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