Bringing it homeBY KANIKA SOOD ![]() Kumar Palghat made his millions as a star fund manager,
first at PIMCO and then at his Sydney boutique Kapstream
Capital. Nearly a year after announcing his retirement, he's
turning his investment prowess towards managing his
family's money. Kanika Sood writes.
![]() 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 ... ![]() Legacy with a viewWhat can the next generation learn from a not-so-smooth succession? Anthea Hammon shares the journey of her family, who owns Scenic World in the Blue ... ![]() Paddock to Pitt StreetRobert Millner exercises immense influence in corporate Australia as the chair of Washington H. Soul Pattinson. He speaks to Kanika Sood about what's ... ![]() Risky businessCrestone Wealth Management chief executive Mike Chisholm speaks to Kanika Sood about the value of identifying your clientele early, the power of the adviser ... ![]() Fortunate, not luckyTabitha Lovett is a former lawyer and grant maker whom billionaires Marc and Eva Besen trust to oversee their family's philanthropic foundation. She spoke ... ![]() Revolving doorsIt's been two decades since Stephen Hiscock co-founded an equities boutique in Melbourne. A shift in client base and investment philosophy over the years ... ![]() Like a bossDavid Orford made his fortune with his financial software company Financial Synergy which reaped him $73 million when it sold about three years ago. He ... ![]() The long gameThe Macquarie Group Foundation is set to give out the largest philanthropic award in its history. Its global head Lisa George spoke to FS Private Wealth ... |
Latest News
MST Financial broadens services to Alder & Partners
MST Financial has broadened its services for Alder & Partners Private Wealth Management, providing "institutional-grade investments" across managed accounts, asset allocation and research.
Australia welcomes 25k to millionaires' club: UBS
Australia's club of millionaires jumped by 25,000 last year thanks to booming property values and fat superannuation balances, according to the latest 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.


















