In this interview, investment specialist Luke McMillan looks at a big issue for NFPs – the low-yield available from income assets like cash and long-term bonds. He discusses some of the implications:
- Are Australian shares an alternative?
- Risk issues
- Planning for future returns
- Working with boards
- The importance of an investment policy
Scott's specific focus is working with not-for-profit entities and endowments to manage and protect their investment assets.
Scott joined Perpetual after a 30 year career in global financial institutions, having worked for a number of blue-chip investment and institutional banks in Australia and abroad.
He has a Masters in Applied Finance, a Bachelor of Commerce and a Diploma in Financial Planning, is a Graduate of the Australian Institute of Company Directors and a Trustee Fellow of the Association of Superannuation Funds of Australia. He is a Board Member of the Nature Conservation Trust of NSW and of the Cemeteries and Crematoria Agency of NSW.
Scott is a member of the Perpetual Trust Company Investment Committee.
Daniel has a deep understanding of the unique needs and strategic objectives of not-for-profit organisations and helps them develop best practice investment policies as well as connecting them with Perpetual’s philanthropic resources.
Prior to joining Perpetual, Daniel was Senior Financial Adviser to the Private Clients of Halifax Bank of Scotland Australia (HBOSA) and HSBC Bank Australia.
His international experience was gained in Canada as a Financial Adviser for nine years with Assante Capital Management.
Andrew is a Senior Adviser in Perpetual’s Adelaide office and has worked within the financial services industry since 1999. He has been practising as a Financial Adviser since 2004.
Andrew’s role at Perpetual is focused on the non-profit and philanthropic sectors primarily as a senior investment adviser and relationship manager for his clients. Andrew works with his clients around the strategy and objectives of the organisation and understands the complex nature of this area. Services can range from investment policy and governance to portfolio management, all the way giving his clients access to all the additional services Perpetual has to offer around the philanthropic space.
Prior to joining Perpetual, Andrew held financial planning roles with Australian Executor Trustees as well as a smaller accounting firm where he learnt his craft and completed his studies.
Andrew currently holds a Masters of Financial Planning which he completed in 2016 through Kaplan.