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Family Office

Australia leads in global median wealth

MARK STORY  |  FRIDAY, 12 OCT 2012
The median wealth of Australians continues to be the highest in the world, a Credit Suisse Research Institute report released today reveals.

Cambooya appoints new CEO

MELANIE TIMBRELL  |  WEDNESDAY, 3 OCT 2012
Fairfax family office Cambooya Services has appointed a new chief executive following the departure of Peter Roach in July this year.

China slowdown hits rich list

MELANIE TIMBRELL  |  THURSDAY, 27 SEP 2012
China's 2012 Rich List released by the Hurun Report this week showed that for the first time since 2005 the number of USD-value billionaires in the country has declined, dropping by 20 over the past year to number 251.

Family businesses provide engine for recovery

MELANIE TIMBRELL  |  FRIDAY, 21 SEP 2012
Family businesses' long-term focus and emphasis on product quality has enabled significant out-performance of the market and placed them in good stead to act as drivers for economic recovery, according to Credit Suisse research.

Concentrated portfolios can benefit HNW

BEN COLLINS  |  THURSDAY, 13 SEP 2012
Private investors who are not concerned with a deviation from global indices can benefit from a concentrated equities portfolio, said Private Portfolio Managers (PPM).

Australian foundations sample impact investing

MELANIE TIMBRELL  |  THURSDAY, 6 SEP 2012
Philanthropic foundations need to look to impact investments, including allocating from the corpus to market rate investments where they align with the foundation's mission and programmatic goals.

Gonski calls for NFP director liability review

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
A safe-harbour provision for board directors of not for profit organisations should be of prime concern for the Australian Charities and Not-for-profits Commission (ACNC), David Gonski told an industry event yesterday.

Soros family office buys into Man United

MELANIE TIMBRELL  |  WEDNESDAY, 22 AUG 2012
George Soros has taken a 7.85% stake in Manchester United through his family office investment arm, Quantum Partners.

Advisers urged to discuss structured giving

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Philanthropy director of Opportunity International, Stephen Robertson has said the increase in advisers initiating the philanthropy conversation with high net worth clients is worthy of recognition.

Decouple next-gen education from estate planning conversation

MELANIE TIMBRELL  |  TUESDAY, 14 AUG 2012
Financial education for younger generations from families of wealth should be a separate issue from wealth transfer planning and deserves to be treated as such.