KARREN VERGARA  |  THURSDAY, 25 JUL 2019   12:10PM
A new report finds the majority of Australian millionaires are cautious investors and prefer to leave their wealth in cash rather than risk capital erosion.
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Aussie HNWIs slip down global rankings
KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty.
Myer Foundation backs new strategy
KANIKA SOOD  |  MONDAY, 17 JUN 2019
Myer Foundation and the Australian Government's Clean Energy Finance Corporation are among the early investors in a global manager's new Aussie equities strategy.
Forrests donate $655m to foundation
KANIKA SOOD  |  MONDAY, 6 MAY 2019
Mining magnate Andrew Forrest and wife Nicola have donated $655 million to their philanthropic foundation.
Tribeca partners for new fund, hires lead
KANIKA SOOD  |  MONDAY, 29 APR 2019
The Sydney boutique has partnered with an advisory firm to launch a new fund that will invest in Asian credit.
Australia's wealth takes half trillion hit
HARRISON WORLEY  |  MONDAY, 15 APR 2019
Latest research shows Australia lost close to half a trillion dollars in wealth at the end of 2018.
L1 eyes $70m for UK property fund
KANIKA SOOD  |  THURSDAY, 11 APR 2019
L1 Capital's latest UK residential property fund is expecting to raise between $60 million and $70 million as financial planning groups and rich investors hunt opportunities for attractive yields.
Crestone builds investment team
KANIKA SOOD  |  TUESDAY, 9 APR 2019
The private wealth firm with $17 billion in assets under management has hired from JANA and Morningstar as it builds out its investment team.
Pinnacle partners with former Blue Sky executives
KANIKA SOOD  |  THURSDAY, 4 APR 2019
Pinnacle Investment Management has taken a stake in a new boutique set up by former Blue Sky executives, after it withdrew its bid to take over management of the Blue Sky Alternatives Access Fund last year.
Top staff at Regal get equity
KANIKA SOOD  |  FRIDAY, 22 MAR 2019
Regal Funds Management's key people have just acquired equity stakes in the boutique for the first time, after Phil King's family bought back a 30% stake from Ascalon.
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