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Family Office

Philanthropic fund establishments return to pre-GFC levels

LAURA MILLAN  |  TUESDAY, 6 JAN 2015
The number of private ancillary funds (PAFs) established in 2014 reached the highest level since the start of the global financial crisis in 2008.

Steve Tucker and Paul Heath launch HNW business

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Former MLC chief executive Steve Tucker and former JBWere chief executive Paul Heath have launched a new private wealth management firm, Koda Capital.

EY appoints family office specialist

MARK SMITH  |  MONDAY, 10 NOV 2014
EY has appointed a new partner to lead its Oceania family office services practice.

Perpetual launches philanthropy model

JAMES FERNYHOUGH  |  FRIDAY, 7 NOV 2014
Perpetual has launched IMPACT Philanthropy, its new strategic approach for philanthropists and not-for-profit (NFP) organisations with the aim of providing maximum community benefit.

Sophisticated investor register launched

MARK SMITH  |  THURSDAY, 6 NOV 2014
A new online investor registry, aimed at modernising the compliance process for certifying sophisticated and wholesale investors, has been launched by Sophisticated Access (SA).

Family trusts overlooked amid SMSF boom

MARK SMITH  |  TUESDAY, 28 OCT 2014
Financial advisers are overlooking a huge range of benefits that family trusts have over self-managed super funds for their high net worth clients, according to HLB Mann Judd Sydney head of wealth management Michael Hutton.

Foundation raises over $1m for biomedical research

LAURA MILLAN  |  WEDNESDAY, 22 OCT 2014
The Clive and Vera Ramaciotti Foundations have awarded over $1 million to biomedical research via the distribution of the annual Ramaciotti Medal for Excellence in Biomedical Research and 13 Establishment Grants.

OneVentures Innovation and Growth fund raises $60m

JAMES FERNYHOUGH  |  MONDAY, 20 OCT 2014
Australian venture capital firm OneVentures has announced the first close of its Innovation and Growth Fund II after raising $60 million.

Australian family businesses lag global counterparts

MARK SMITH  |  FRIDAY, 17 OCT 2014
The performance of Australian family businesses over the last 12 months has lagged that of their global counterparts, according to the latest survey by PwC.

Family offices returned 9% in 2013

MARK SMITH  |  FRIDAY, 26 SEP 2014
The average family office has total assets of $890 million and achieved a return of 9% in 2013, the largest ever survey of the sector reveals.