Private credit's next chapter: The rise of asset-backed financeBY ROGER ZHANG | FRIDAY, 28 AUG 2026 9:29AMPrivate credit is one of the most talked about asset classes in recent times as it becomes a core allocation within Australian investment portfolios.
![]() Punching above our weightA couple of recent studies have revealed that the Australian family office sector is in fantastic health. ![]() Behind every great fortuneThe latest World Wealth Report (compiled by Capgemini and RBC Wealth Management and published last month) tells us that Australia is growing its millionaire ... ![]() Fed and deficitSpeculation about a sooner rather than later Fed unwinding of its quantitative easing program resurfaced in the middle of last month following Jon Hilsenrath's ... ![]() The paradox of prosperityIn 10 years time the world will look as different to what it does now as it did 10 years ago. ![]() Call that QE? This is QE!Haruhiko Kuroda san's debut at the helm of the Bank of Japan (BOJ) shocked and awed financial markets for he delivered much more than even the most optimistic ... ![]() The 0.00001%There is always a lot of chitchat round the water cooler when Forbes publishes its billionaires' list. ![]() The new wealth ageThe headline looked more like it came out of the fictional newspaper 'Daily Planet' rather than from Time magazine: "China to Flatten 700 Mountains to ... ![]() The next big thingThis year marks the 20th year that Farida Khambata, a former top executive at the International Finance Corporation (IFC) and now a fund manager, coined ... ![]() Many are called, but few are chosenToo many Australian investors are so ignorant about China that if a fund manager can spell the word, that counts as being an Asian investments expert. ![]() A lasting legacyLast weekend I came across a fascinating two-hour documentary on the Rockefeller family tracing their origins, the beginning of the US oil industry and ... |
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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.










