Actuaries Institute61 2 9239 6100 | www.actuaries.asn.auAlternative Investment Management Association61 2 8216 0813 | https://www.aima.orgAssociation Impossiblehttps://association-impossible.comAssociation of Independently Owned Financial Professionals1800 111 203 | www.aiofp.net.auAssociation of Superannuation Funds of Australia1800 812 798 | www.superannuation.asn.auAustralian Consumers' Association1800 069 552 | www.choice.com.auAustralian Council of Superannuation Investors Inc.61 3 8677 3890 | www.acsi.org.auAustralian Financial Complaints Authority1800 931 678 | https://www.afca.org.auAustralian Financial Markets Association Limited61 2 9776 7900 | www.afma.com.auAustralian Industry Group1300 55 66 77 | www.aigroup.asn.auAustralian Institute of Superannuation Trustees61 3 8677 3800 | www.aist.asn.auAustralian Retail Credit Association61 3 9863 7859 | https://www.arca.asn.auAustralian Shareholders' Association1300 368 448 | https://www.australianshareholders.com.auAustralian SMSF Members Association Limited61 2 9238 6170 | https://www.smsfassociation.comPAGE: 1 |
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.