Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 211 - 220 of 745 results for "Family office"

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
Mike Cannon-Brookes' family office Grok Ventures has hired a new chief executive, recruiting a former BlackRock and Macquarie executive. Grok has named global funds management executive Tan Kueh as chief executive, while Jeremy Kwong-Law will remain ...

Scarcity buys stake in asset manager

KARREN VERGARA  |  MONDAY, 5 FEB 2024
Scarcity Partners has bought into an $8 billion asset manager that caters to private wealth firms. Scarcity acquired a 30% interest in Evidentia Group but did not disclose the dollar value. Evidentia works with private wealth firms to build investment ...

Family offices struggling to recruit: Study

CHLOE WALKER  |  MONDAY, 5 FEB 2024
... new research by Ocorian reveals. Ocorian's latest global study, which surveyed 301 senior executives, including 50 family office investment managers in November last year, found that 70% of family offices are inadequately staffed in their compliance ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... $200,000. In 2021, Pinnacle made a $3 million cornerstone investment in OpenInvest. Last December, Tayside Group, the family office of the Smith family, injected an undisclosed amount into OpenInvest - a transaction that Pinnacle had no part in. Pinnacle ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... the company, which went into voluntary administration last year, had been purchased for an undisclosed sum via the family office of Klark and Brooke Quinn. Klark Quinn is the son of Queensland-based entrepreneur and self-made millionaire Tony Quinn ...

Family offices embrace outsourcing: Study

CHLOE WALKER  |  THURSDAY, 18 JAN 2024
... functions, new research from Ocorian suggests. The global study, which surveyed 301 senior executives including 50 family office investment managers in November 2023, found a staggering 98% of family office professionals plan to increase the level of ...

Family offices love software: Report

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
... the globe are increasing their investments in computer software and services, a PwC study reveals. The 2023 PwC Family Office Deals Study, which analyses the direct, real estate and start-up investments of 7500 family offices around the world, found ...

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... $240,000. In 2021, Pinnacle made a $3 million cornerstone investment in OpenInvest. Last December, Tayside Group, the family office of the Smith family, injected an undisclosed amount into OpenInvest - a transaction that Pinnacle had no part in. Pinnacle ...

PineBridge Investments names distribution head for APAC, EMEA

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
PineBridge Investments appointed a new head of intermediary distribution for APAC and EMEA, effective January 1. Based in Singapore, Nicolas Kopitsis was appointed to oversee the asset manager's APAC and EMEA intermediary business strategy, distributing ...

Balanced portfolios to reap rewards in 2024: UBS

CHLOE WALKER  |  TUESDAY, 9 JAN 2024
According to UBS' latest Family Office Quarterly Report, investors who keep a diversified multi-asset portfolio as a core investment strategy are most likely to successfully protect and grow real wealth over the year. The report, written by UBS chief ...