CS have revisited the subject of family-owned businesses and analyzed close to 1,000 family-owned companies by region, sector and size. We see that the valuation headwinds have all but disappeared, while some perceived risks such as governance and accounting quality appear misplaced. We also see less of a succession risk. Our “Family 1000” universe has outperformed its peer group of non-family-owned companies by c400bps per year since 2006. We highlight 26 OP-rated family-owned companies with a strong mix of quality, momentum and shareholder value creation.