“Master feeder structures are key to hedge fund operations. A master feeder structure is a setup where multiple feeder funds pool their money into one master fund, and the master fund does all the trading and investing.”

“Tax simplifies because if you're using a fund of fund, it's all managed through that one fund… your tax next year is going to be more complicated with multiple ETFs.”

“I wouldn't use the funds to buy investment properties. I'd be using the funds to reduce my owner-occupied debt and then leveraging to buy investment properties.”

“In our case, we've got a funding ratio of 111 %. People get into trouble… when they're forced into a risk spot… we can be the master of our own destiny.”

“Structures such as private ancillary funds can be worth exploring... they get their own tax regime... a large charitable donation can be particularly useful in a year where you've realised a substantial capital gains event”