The latest issue of Financial Standard now available as an e-newspaper
|An inaugural report shining a light on Australia's most philanthropic corporations shows 39 companies collectively invested $867 million in community causes in the 2016/17 financial year, with the finance sector highlighted for its contribution.|
|Retail investors are fuelling changes in the philanthropic sector that present business development opportunities for the financial advice and wealth management industries, according to an expert.|
|Perpetual research presents new strategies for the philanthropic and not-for-profit sectors that mitigate data risks and helps them get ahead in an increasingly digital technology-centric society.|
|One of Australia's leading philanthropic couples received the top honour at the 2018 Philanthropic Awards.|
|Academics have proposed a new system to better distribute Australia's wealth - one which would see high-income earners pay a charity levy.|
|Latest research shows less than one-third of family offices are using quantitative models to determine asset class allocations and position sizes. At the same time, equity allocations remain unchanged.|
|Latest research from digital consultant Capgemini shows Australia's high-net-worth individual (HNWI) population is growing, with more than 20,000 Aussies joining the fold in 2017.|
|Latest family business research from KPMG shows that business families with high socio-emotional wealth are more likely to keep control of the business within the family.|
|Macquarie Group is consolidating its private bank and private wealth businesses to concentrate its growth strategy on high net-worth (HNW) clients, a move it expects to affect advisers.|
|High-net-worth investors, particularly the growing Asian cohort, have boosted the global art market by 12% after two years of decline.|
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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