The latest issue of Financial Standard now available as an e-newspaper
|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.|
|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.|
|A new tribe of art collectors is emerging across the globe as younger high-net-worth individuals loosen their purse strings to buy more readily than the old guard, says a new UBS report.|
|A prominent high-net-worth financial adviser is aiming to have 7-10% of his clients' portfolios in alternatives as the markets mature but he's eschewing hedge funds and picking private assets instead.|
|Perpetual has announced the winner of 2019 Fulbright professional scholarship in non-profit leadership.|
|An angel investing group that invests in private companies led by LGBT founders has made its first Australian investment, ahead of the Sydney Mardi Gras this weekend.|
|The number of wealthy people who don't have wills or rely on do-it-yourself will kits still comes as no surprise to an estate planning expert.|
|The nine-year-old firm has opened a Melbourne office with a new director, as it scours Victoria for new commercial debt deals and high-net-worth and family office investors.|
|Wealthy families gave away a smaller slice of their household income in 2018 compared to those on the other end of the economic spectrum, a new study has found.|
|Three founding members of Macquarie's Asian listed equities division are set to launch a boutique with the backing of a prominent family office.|
Melbourne's Warakirri Asset Management has launched new retail funds from its freshly-minted partnership with Northcape Capital.
Synchron's general manager of legal, risk and compliance Michael Jones has resigned, with a new appointment to lead the dealer group's compliance.
The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation.
The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%.
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