Peter Reed Director, Private Portfolio Managers (at time of writing) Peter Reed is a Portfolio Manager at PPM with responsibilities for company research and portfolio management. Peter has more than 18 years investment management experience. At PPM, Peter manages Australian and international share portfolios for family offices, successful individuals, and charitable organisations. Prior to joining Private Portfolio Managers in 2007, Peter worked in investment management roles at QBE Insurance and Chase Bank in Tokyo.
PETER REED | TUESDAY, 4 JUN 2013 Australia's high marginal tax rates combined with the unique concessional attributes of the taxation system creates strong incentives for private wealth holders to focus on taxation issues as a very effective mechanism to increase investment returns ... Read more PAGE: 1 |
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Australia's club of millionaires jumped by 25,000 last year thanks to booming property values and fat superannuation balances, according to the lasts UBS Global Wealth Report.
Family office succession takes back seat to investments
While family offices have investment strategies down pat, the state of their succession plans paint another story, which reports suggest could undermine a seamless transfer of a vast amount of wealth.
Lowy family takes stake in Magellan
The Lowy family has acquired a 5.1% stake in Magellan Financial Group via its trust Oryxium.
Further Reading
Cover Story

Generation next
JAMES GOWING
FINANCE DIRECTOR
GOWING BROS LTD
FINANCE DIRECTOR
GOWING BROS LTD
To sustain a successful multi-generational business and legacy requires investment acumen grounded in strong family values. As part of the rising generation at Gowing Bros, executive director of finance James Gowing is helping position the 158-year-old company for the future. Karren Vergara writes.







