This Month
Pricing power delivers First Sentier growth fund Mercer prize
Australian equities geared fund ranked No.1 despite the worst performance over the past quarter among Mercer’s top 10.
- Updated
- Joshua Peach
September
PE funds are making it easier to invest like the ultra-rich
Schroder slashed the minimum investment in one of its private equity funds by $480,000 to just $20,000. But wider access comes with higher fees and lock up periods.
- Updated
- Duncan Hughes
August
Why Australia has 20pc fewer millionaires
About 1.8 million Australians have a personal wealth valued above $1 million, but the number shrank in 2022 because of interest rates, market and currency hits.
- Duncan Hughes
Lonsec names Ex-Morgan Stanley operative as chief investment officer
Nathan Lim will oversee the research houses $9 billion in funds under management.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Transforming superannuation, wealth & advice
Delivering better outcomes for savers, retirees and investors in a challenging economy
Want to invest like the Lowys? Now you can
Assembly Funds Management, the investment house backed by the billionaire family, has begun raising finance for a second property fund.
- Primrose Riordan
July
Mason Stevens launches IPO roadshow; talks up record revenues
Street Talk understands the wealth manager technology and services provider has been doing the rounds with potential investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Where the ultra-rich are putting their money
A survey of 1000 of Australia’s richest families shows how they have retreated to safe haven assets to ride out the uncertainty associated with the war in Ukraine and rising inflation.
- Joanna Mather
Canada’s largest pension fund to seed more hedge fund start-ups
The move will also allow CPPIB to diversify its risk profile as part of its broader investment strategies, as tougher credit conditions wreak havoc on fund performance.
- Laura Benitez and Nishant Kumar
Magellan fund’s hold on institutional investors shrinks to $5b
Macquarie appears to disagree with activist Sandon Capital’s assessment that Magellan could be worth up to $15 a share, cutting its price target to $7.25.
- Vesna Poljak
Pinnacle claims $55m in second-half performance fees
The fund manager is entitled to gross fees of $54.8 million in the June half, but warned times are tough for wealth managers.
- Updated
- Vesna Poljak
Magellan fails to arrest outflows with outperformance
Activist target Magellan suffered net outflows of $2.1b last month, sending its shares tumbling Thursday, vindicating a campaign by Sandon Capital.
- Vesna Poljak
June
After less than a decade, ASX ponders winding up mFund product
The product allowed investors to buy and sell unlisted managed funds through their broker in the same way that they trade shares.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Super wars
$3m super tax cap will hit farmers’ finances
Agricultural landowners are often asset rich and cash poor – which is why they will be gravely disadvantaged by the proposed $3 million cap on super balances.
- Peter Burgess
- Opinion
- Property investment
More than craft beer and coffee roasters to pick new property hotspot
There are lessons for investors on the impact of big demographic shifts on suburbs like Brunswick, Marrickville and Kedron.
- Richard Wakelin
Conduit Capital goes global, merges with Luca Padulli’s Infusive
The combined investment group, with operations in Sydney, New York and London, will have more than $500 million in assets under management.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Super wars
When investment company is better than a family trust
We set out the key steps in growing family wealth through a company to avoid extra tax once the $3 million super cap kicks in.
- Michael Hutton
This PE fund wants to get wealthy Australians into South-East Asia
Aura Group is trying to raise up to $US200 million for a new investment vehicle that will see what worked in China and Korea, and try it in emerging markets.
- Aaron Weinman
May
Twiggy’s Tenmile pinches Bell Potter analyst
Andrew Forrest’s private health tech fund has recruited a seasoned academic, who has been working as a sell-side analyst at Bell Potter.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Paul Xiradis has been investing for 40 years. Here’s what he’s buying
The Ausbil executive chairman and founder is up for the “challenge” of a low earnings growth environment and says decarbonisation and China’s recovery offer rare bright spots.
- Aleks Vickovich
