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Showing 61 - 70 of 518 results for "High-Net-Worth"

US surpasses Asia Pacific for HNWI growth

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
For the first time in eight years, more high net worth individuals (HNWI) emerged in North America than in the Asia Pacific region. This is according to the World Wealth Report 2020, produced by Capgemini. HNWI wealth and population grew by almost 9% ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
... diversification benefits disappear in a systemic 'risk-off' environment." For example, many SMSF, retirement and high net worth portfolios tilted towards infrastructure and real estate as defensive proxies prior to the COVID-19 crash, and were instead ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... unrelated to the IPO Wealth Fund," he said. The IPO Wealth Fund was advertised by Mayfair 101 as being appropriate for high net worth investors. It is primarily a debt fund that lends money to IPO Wealth Holdings trading as Mayfair 101 Holdings. On 7 ...

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
... wealth fees booked this financial year, "due to lower brokerage income as the wealth advice business focused on the high net worth segment". Meanwhile, the firm's assets under management rose by 10%, thanks to investments by managed funds, an acquisition ...

Pendal appoints new head of HNW distribution

KANIKA SOOD  |  MONDAY, 4 MAY 2020
A Sydney equities' boutique's chief executive has jumped to Pendal Group to work as its head of high net worth distribution. Lee Hopperton was most recently the chief executive and distribution head of value manager Auscap Asset Management in ...

Powerwrap adds Chi-X offering

ALLY SELBY  |  TUESDAY, 21 APR 2020
... and utilises the best of breed execution capabilities for all securities." The platform caters to specifically high net worth clients, who are keen to explore opportunities outside of Australia, he said. "High net worth investors look beyond the Australian ...

Asset manager hires new chief executive

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
... focus on family office. Michael Barnes has been appointed to the role, following a history of working as an ultra-high net worth and family office accountant. Australian Standfirst AM chief investment officer Stirling Larkin said Barnes brings a wealth ...

William Buck boosts private wealth office

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
... investment, philanthropy, family governance and family office advisory services, all of which are in strong demand among high net worth individuals and families to manage their assets." During his career, Bradley has worked in various senior roles within ...

Clime launches new SMA portfolios

ALLY SELBY  |  FRIDAY, 6 MAR 2020
... as well as an Aussie equities portfolio which contains 20 ASX-listed companies. Although Clime usually targets high net worth individuals, the firm announced it would be dropping its minimum investment to $10,000 for the four model portfolios. The four ...

Stanford Brown hires Deloitte director, acquires firm

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
... Financial Services was founded by former NAB Private Bank financial adviser Robert Wiggins, and specialises in advising high net worth clients and families.