High convictionBY ALEX BURKE Ophir Asset Management co-founder and David Paradice protege Andrew Mitchell may have a net worth of $46 million, but he doesn't own a house or a couch - he's 100% invested in his business. He explains why to Alex Burke.
Wealth with purposeIn the realm of Australian family offices, a stark reality emerges: 70% risk dropping the ball on wealth transfer. To curb this trend, Mutual Trust chief ... The founder mentalityBillionaire tech entrepreneur Richard White has achieved success through his ability to instill and leverage a founder's mentality. Now, he hopes to expand ... Making a differenceCamp Quality chief executive Deborah Thomas is tapping into her extensive media and leadership experience to find new avenues of fundraising for the children's ... Home grown2028, New South Wales. It's a postcode synonymous with beauty, wealth, and luxury. Some even call it Sydney's answer to Rodeo Drive. But to Pallas Group ... All about arbitrageHe was brought up in a fortunate South African family. Now Shaun Sergay and his team are disrupting the antiquated bank guarantee process, by reducing ... Time to shineIf there's one thing diamonds are known for, it's their unmatched brilliance. Black Diamondz founder Monika Tu has forged her own path in Sydney's luxury ... Eternal optimistFrom humble beginnings in war-torn Lebanon, EG Funds Management co-founder Adam Geha has built a life his younger self would envy - not to escape it ... Out with the oldVenture capitalist Mark Carnegie was born into a wealthy and successful family and is attune to his exceptional privilege. Here he shares with Elizabeth ... Art and moneyTim Olsen opens up on his sense for business and his investments, something he is at times reticent to discuss given the complex relationship between ... The wellness millionaireRadek Sali joined the ranks of Australia's wealthiest when his former company Swisse Wellness was acquired. The family office investor talks to Kanika ... |
Latest News
Family offices still love hedge funds: Preqin
The number of family office investors allocating to hedge funds increased by 10% from 2022 to 2023, and has doubled since 2015, according to new research by Preqin.
HNWI collecting activity stoops: Knight Frank
Despite a slew of record-breaking sales, luxury investment markets weakened in 2023, according to the Knight Frank Luxury Investment Index (KFLII).
Global economy to grow at a slower positive rate
Members of the Wigmore Association family office network, including Mutual Trust head of investment solutions Simone Rouse, believe that the global economy will continue to expand in 2024, albeit at a slower pace than in 2023.
US family office launches Australian arm
The Asena Family Office (Asena) has officially set up shop down under, merging with Melbourne-based boutique family office and asset management firm Giles Wade.
Cover Story
Wealth with purpose
PHIL HARKNESS
CHIEF EXECUTIVE OFFICER
MUTUAL TRUST PTY LTD
CHIEF EXECUTIVE OFFICER
MUTUAL TRUST PTY LTD
In the realm of Australian family offices, a stark reality emerges: 70% risk dropping the ball on wealth transfer. To curb this trend, Mutual Trust chief executive Phil Harkness and head of strategy Tracy Conlan are dedicated to helping clients create and preserve purposeful multi-generational wealth. Chloe Walker writes.