High-society banker who ran off with his wife's best friend is hit where it hurts - as her husband's family pull $7.5 million from his investment fund... and even his heartbroken ex has jumped ship to a rival firm

Two investors for Charlie Aitken's firm have withdrawn millions this year alone Kerry Stokes bought a 19.99 per cent stake in the business in 2017, sold this yearChristopher Nasser's family sold $7.5million after his wife started dating AitkenAitken's own wife, Ellie, has also started a new role at a competitor this year 

The investment banker who moved on with his wife’s best friend is suffering significant financial blowback from the scandal gripping Sydney’s high-society.

One of Charlie Aitken’s biggest investors was his new flame Hollie’s husband Christopher Nasser and his family, who have reportedly pulled out $7.5 million worth of stocks from his firm.  

The withdrawal of funds comes just months after another major backer billionaire Kerry Stokes also sold his 19.99 per cent stake in Aitken Investment Management. 

The billionaire Seven Group executive first invested in the firm in 2017, appointing his trusted colleague, Warwick Smith, to the board of directors.

Mr Smith resigned from his position in July 2021, the same month Mr Stokes announced his intention to step away from the business. 

It’s understood AIM’s portfolio had a tough year in 2019 before a reshuffle of the team and tactics boosted returns.   

The high profile investment banker is in the midst of a bitter split after separating from his wife of 19 years and moving on with her younger best friend - who was also married to his business partner

The high profile investment banker is in the midst of a bitter split after separating from his wife of 19 years and moving on with her younger best friend – who was also married to his business partner

Hollie was all smiles when she stepped out on Tuesday, leaving her eastern suburbs home in her black Audi SUV

Hollie was all smiles when she stepped out on Tuesday, leaving her eastern suburbs home in her black Audi SUV

In mid-November, shortly after learning of Mr Aitken’s new relationship with his wife, Mr Nasser stepped down from his position on the AIM board.

He was replaced by his younger brother, Damien, but that didn’t stop the Nasser family from reportedly selling $7.5million worth of stocks they had in the firm.

Mr Nasser was a founding backer and is said to have poured up to $10million into the firm since it opened in 2015.

In addition to losing multiple high profile investors, co-founder and former executive director Ellie Aitken stepped down from her position and joined a rival firm in September.

Ms Aitken has taken on a role as director of distribution at Pallas Capital, where she is tasked with growing the business investor base with high-net worth individuals and wealth managers. 

Ellie Aitken and Hollie Nasser pictured together. 'I can confirm I am separated from Ellie Aitken and am in a relationship with Hollie Nasser,' Charlie Aitken said

Ellie Aitken and Hollie Nasser pictured together. ‘I can confirm I am separated from Ellie Aitken and am in a relationship with Hollie Nasser,’ Charlie Aitken said

Hollie is now dating investment banker Charlie Aitken. Her husband, his former business partner Christopher Nasser, reportedly pulled $7.5million from Mr Aitken's firm

Hollie is now dating investment banker Charlie Aitken. Her husband, his former business partner Christopher Nasser, reportedly pulled $7.5million from Mr Aitken’s firm

Ms Nasser wore a black dress and heels as she left her home in Sydney's east on Tuesday

Ms Nasser wore a black dress and heels as she left her home in Sydney’s east on Tuesday

She remains a director on the board at Aitken Investment Management. 

In a ‘Staff Spotlight’ article for her new company, Ms Aitken thanked Pallas Capital for taking her on, detailing her long list of credentials.

‘I’ve felt warmly welcomed by the team, for which I’m very appreciative,’ she said. 

‘I began my career as a financial research associate at JP Morgan. I subsequently practised as a solicitor in the mergers and acquisition group at Clayton Utz… specialising in property and funds management.’  

While the losses may come as a blow to Mr Aitken, his new love Hollie looked cheerful when she stepped out of her multi million dollar marital home on Tuesday. 

Wearing a black mini dress and heels, Hollie smiled as she made her way to her Audi SUV. 

Ms Aitken stepped down from her role as executive director and - in another headache for Mr Aitken - joined a competitor

Ms Aitken stepped down from her role as executive director and – in another headache for Mr Aitken – joined a competitor

AIM’s primary fund, the Global High Conviction Fund, delivered a return of 3.9 per cent last month.

This is 0.3 per cent higher than the benchmark return of 3.6 per cent. 

For the September quarter, a one-year return of 22.7 per cent was recorded – significantly lower than the 27.8 per cent benchmark return rate. 

The fund returned 57.6 per cent over the course of three years, compared to a benchmark 56.1 per cent.

On an investment worth an estimated $10million, that data indicates Mr Nasser made an additional $150,000 over the life of the investment. 

The investment portfolio follows a ‘quality strategy’ which avoids investing in brands with poor balance sheets, high risk companies or ‘deeply cyclical businesses’.  

Ellie Aitken, 42, and Charlie Aitken, 48, (pictured together) announced their split in November
The Nassers and Aitkens were two of Sydney's biggest high-flying power couples before a scandalous love triangle tore them apart (pictured, Hollie and Christopher Nasser)

Their life of glitz and glamour suddenly came tumbling down after it was revealed Ms Nasser had been in a relationship with Mr Aitken (pictured, Ellie and Charlie Aitken left and Hollie and Christopher Nasser right)

Kerry Stokes sold his 19.99 per cent stake in the business in July 2021, after investing in 2017

Kerry Stokes sold his 19.99 per cent stake in the business in July 2021, after investing in 2017

AIM notes the market ebs and flows, but claims ‘over a full business and investment cycle, we believe a quality strategy will outperform the market, mainly because it should protect the downside during periods of distress and keep up with or outperform the market during periods of growth’.   

This allows the portfolio to outperform expectations during periods of market distress, but means it may underperform at other times of the year. 

‘A fundamental-based quality investment strategy should deliver superior risk adjusted returns over multi-year periods by owning what are in effect compounding machines,’ the business states.

A minimum investment of $20,000 is required to enlist the services of AIM, with regular $5,000 top ups.

AIM takes a fee of 1.43 per cent plus a 10 per cent cut of and profits above the benchmark. 

The glamorous lawyer, wealthy funds manager, investment banker and socialite: Inside the drama-filled lives of two high society couples as a scandalous love triangle tears them apart

The glamorous lawyer, wealthy funds manager, investment banker and socialite: Inside the drama-filled lives of two high society couples as a scandalous love triangle tears them apart

Hollie Nasser was all smiles when she stepped out in a black dress and heels combo on Tuesday

Ms Aitken revealed on Tuesday she’d be taking a step back from the public eye as she comes to terms with her separation from her investment banker husband.

‘The truth is that despite the support of friends and family I have not coped well with the deeply hurtful lies, gossip and innuendo that has surrounded the breakdown of my relationship,’ she said. 

‘I attempted to put on a brave face and tried to manage my feelings and wellbeing despite the fact that I have not had any control over the reasons for my sorrow.’

Mutual friends have reportedly ‘distanced themselves’ from both Mr Aitken and his new love, Hollie Nasser – the wife of Mr Nasser. 

Many are said to be ‘horrified with the nature of what’s gone on’.

‘We’ve all distanced ourselves as much as we can,’ one friend of Mr Nasser’s told Daily Mail Australia.  

Mr Aitken and his wife Ellie had been long-time friends of the Nasser's, and Mr Nasser was a director of the Aitken's wealth management company before pulling $7.5million this month

Mr Aitken and his wife Ellie had been long-time friends of the Nasser’s, and Mr Nasser was a director of the Aitken’s wealth management company before pulling $7.5million this month

News Related

OTHER NEWS

Roma surprise Jose Mourinho with a birthday cake and two bottles of champagne in the dressing room to celebrate manager turning 59... before the Special One blows out the candles and says 'let's get to work!'

Roma manager Jose Mourinho is celebrating his 59th birthday on WednesdayThe Italian club surprised him with cake and champagne at their training groundMourinho's side have turned the corner of late by winning their last three gamesAnd after blowing out his candles he immediately shifted his focus to training Read more »

England goalie, 21, who was born with severely crossed eyes and has depth perception issues - meaning she struggles to pour water into a glass - reveals how she was told to ditch her dream of playing for the Lionesses

The 21-year-old was called up to play for the Lionesses in February 2020Hampton has spoken out about sight issues that almost wrecked her careerShe was born severely cross eyed and diagnosed with depth perception issues at the age of 12 - meaning she struggles to judge how a football approaches herThe goalie, who plays for Aston Villa, has adjusted her play to ensure she overcomes the issue and says she doesn't want surgery that's just aesthetic   Read more »

Blackpool footballer Beryly Lubala is CLEARED of raping an 18-year-old girl after inviting her to his hotel room for 'Netflix and chill' and having sex with her

Blackpool striker Beryly 'Bez' Lubala, 24, said he was 'delighted' with the verdictJury at Lewes Crown Court took less than two hours to find footballer not guiltyHe had been accused of raping a woman in 2019 - an allegation which he deniedLubala earlier told police he invited woman for 'Netflix and chill' in his hotel room Read more »

Duchess of Cornwall is hailed a champion of literature as she meets Sir Philip Pullman during visit to Oxford University

Duchess of Cornwall was hailed a champion of literature by Sir Philip Pullman Camilla, 74, joined the acclaimed author during a visit to Oxford University todayAcclaimed author praised royal for active interest in nation's 'greatest strength'Later she opened university's latest sciences facility the Marcela Botnar Wing Read more »

Mother of schoolboy Rikki Neave, six, was heard screaming 'I will f***ing kill you' at him and blamed his headteacher for 'facilitating' his murder, court hears

Ruth Neave was originally accused of her six-year-old's murder but was clearedA DNA breakthrough in the case later led to charges against James Watson, 40Today jurors heard statement from a neighbour of the Neave family, Alan Stacey Rikki's headteacher described phone call with Ms Neave in the wake of his death Read more »

'I think he will kill me': Haunting texts of mother-of-two, 43, who was stabbed to death by abusive ex in Maida Vale as she tells her friend: 'He's had cameras in my house recording me for months'

Yasmin Chkaifi, 43, said in 2020 that her ex-partner, 41-year-old Leon McCaskre, had put cameras in her flatShe was stabbed to death in front of horrified onlookers in Chippenham Road, west London, on Monday Her friend Adele-Sara Richards said Ms Chkaifi messaged her two years ago saying: 'I think he will kill me'Driver, 26, was arrested on suspicion of murder after ploughing into McCaskre as he stabbed his ex-partnerOn Wednesday nearly 9,000 people had signed a petition calling for the driver not to face murder charges Do you know the hero driver? Would you like to pay tribute to the victim? Email tips@dailymail.com  Read more »

Retired teacher, 66, becomes the 'world's most prolific sperm donor' after fathering 129 children...with another NINE on the way

Clives Jones, 66, of Derby, claims to have fathered 129 children as a sperm donorHe is unable to become an official sperm donor as banks have an age limit of 45Mr Jones contacts families through Facebook and makes donations from his vanBut health experts warned against his actions, urging people to use UK clinics  Read more »

EXCLUSIVE: Moped murderer, 27, jailed for life after stabbing a father to death for his £7,000 Rolex loses his prison luxuries after jumping onto netting to avoid taking a Covid test

EXCLUSIVE: Jordan Bailey-Mascoll, 35, was convicted of murdering in 2017He and his accomplice killed electrician Danny Pearce as he left a jazz club Bailey-Mascoll objected to having to take a lateral flow test in Whitemoor jail He surrendered to prison officers after spending 90 minutes on jail netting  Read more »

Mali vs Equatorial Guinea LIVE: Build-up and updates from the last round of 16 clash at the African Cup of Nations with the winner going on to face Senegal in the quarter-finals

Mali face Equatorial Guinea in an African Cup of Nations round of 16 clash The West African nation are heavy favourites after topping their groupEquatorial Guinea qualified for the last 16 for just the third time in their history Latest Africa Cup of Nations news, including live action and breaking updatesAfrica Cup of Nations group stage tables - how all six finished  Read more »

Retired Merseyside Police detective inspector, 64, is stabbed to death at home as man, 21, who was arrested for murder is detained

Andrew McDiarmid served for 30 years with Merseyside Police, the force said64-year-old was found fatally stabbed at his home in Heswall, Wirrall, on MondayMan, 21, arrested on suspicion of murder now detained under Mental Health Act Read more »

Roy Hodgson has NEVER suffered Premier League relegation... from securing 12 points in the final five games at Fulham to making history by keeping Palace up after losing their first seven matches, but will he produce another miracle at Watford?

Watford have turned to Roy Hodgson in their bid to stay in the Premier League The veteran tactician has inspired several great escapes in his lengthy career Fulham, West Brom and Crystal Palace were all kept in the top flight by Hodgson He will take his new players back to basics with rigorous and repetitive sessions In a boost to the club, the 74-year-old has never been relegated from the top tier  Read more »

Time to get a McBargain! McDonald's launches a WEEK of 99p deals starting with a Big Mac today followed by a Quarter-Pounder tomorrow

McDonald's have delighted fans by launching a whole week of deals for 99p Kicking off the daily deals is the Big Mac with customers able to save £2.50Also on offer is Quarter Pounder with Cheese, 4x Veggie Dippers, Filet-O-Fish, Triple Cheeseburger, McChicken Sandwich and more Read more »

Woman reveals takeaway delivery driver has been sacked after leaving a foul-mouthed voicemail branding her a 'stupid f*****r' when she drunkenly fell asleep and didn't answer the door

A mum revealed she was verbally abused by a delivery man after falling asleep  Emily Ross, 24, ordered a pizza while drunk and woke to an aggressive voicemailAfter the incident, Pasha Pizza confirmed it has fired the delivery driverShop said it stayed open late to make order when she called after closing time Read more »

Jennie Nguyen hints at drama with Bravo as RHOSLC star warns she will tell her side of the story 'now I am allowed to'... after being FIRED by network for posting racist and anti-vaxx memes

RHOSLC's Jennie Nguyen has been fired for her past social media posts After her firing, Jennie told fans she is now allowed 'speak her truth' Nguyen shared racist and anti-vaxx memes in resurfaced posts from FacebookBravo said Tuesday it has now 'ceased filming' with the reality personalityNguyen, 44, apologized for the posts last week on Instagram   Read more »

Packers QB Aaron Rodgers claims fans wanted him to lose playoff game to 'pile on' over his refusal to get vaccine: Reigning MVP 'could be traded to Broncos if Denver signs Green Bay's offensive coordinator as head coach'

Aaron Rodgers and the Green Bay Packers' season ended Saturday with a 13-10 loss to the visiting San Francisco 49ers, who advance to the NFC title game Rodgers told SiriusXM's Pat McAfee that some fans were rooting against the Packers 'because of my vaccination status and them wanting to see us lose'Twitter users did pile on Rodgers and the Packers following Saturday's defeat with many joking about his refusal to get vaccinated and ensuing controversy Rodgers has not only been criticized for refusing to get vaccinated, but also for allegedly misleading the public on the issue by just saying he was 'immunized' His future in Green Bay is in doubt amid a report he could be traded to Denver if the Broncos sign Packers offensive coordinator Nathaniel Hacket as head coach Read more »

Thief dubbed 'the snake burglar' who has stolen thousands from California businesses is filmed wriggling on floor of gold exchange to evade security alarms before making off with $50,000 in silver

Police are investigating if the theft at Crown Gold Exchange last week is linked to the othersIf so, the burglar targeted six other businesses in Riverside through December He crawls on the floor on his stomach to avoid motion sensors and alarmsHe allegedly also stole $8,000 from a hair salon in November and money from the register of a tanning salon down the streetMotion detectors placed at standing level do not detect movement on the floor Read more »

Video: Naomi Watts, 53, looks youthful in all white while shooting the Ryan Murphy series The Watcher in NYC... before putting a ski coat over her shoulders

Read more »

Martha Stewart takes a thinly-veiled swipe at Ina Garten over her tongue-in-cheek suggestion that people should 'drink more' to cope with the pandemic: 'To me that's not charming'

Earlier this month, Garten, 73, said that her 'formula' these days is to 'drink more cosmos,' binge-watch TV, and play SudokuAsked about the comment, Stewart, 80, said: 'I do not agree about taking to drink to cope with things like the pandemic'She said she is 'not a big drinker' and never has been, and prefers to get up early every dayGarten had charmed Instagram users in the early days of the pandemic with her recipe for an enormous cosmo, which she drank from a huge novelty glass  Read more »

Kamala Harris to attend inauguration of socialist Honduran president whose husband claimed Israeli mercenaries tortured him with radiation and running mate said Jews control global money supply

Vice President Kamala Harris is attending the inauguration Thursday of new socialist Honduran President Xiomara CastroCastro's inner cricle has made problematic statements about Jewish people and Israel Castro's husband Manuel Zelaya, an ex-president, claimed 'Israeli mercenaries' were torturing him with high-frequency radiation Castro's running mate, Salvador Nasralla, said Jews control the global money supply Nasralla also said in 2020 that Hondorus' outgoing president Juan Orlando Hernández's 'boss is the government of Israel' During Nasralla's 2017 run for the presidency, which he lost, his wife Iroshka Elvir had to apologize to Jewish organizations for praising Nazi leader Adolf Hitler 'The newspaper published that I admire Hitler, but it is not true, I never told them that I admired Hitler,' she told Jewish groups Harris is making the trip as part of her role as point person to the northern triangle countries as she tries to address the root causes of migration  Read more »

'Lauren didn't use drugs...find out where the fentanyl came from': Lawyer for family of woman, 23, who died on Bumble date slams medical examiner who concluded death was an accident - as cops REOPEN investigation

Connecticut Medical Examiner determined Lauren Smith-Fields died as a result of acute intoxication by fentanyl, promethazine, hydroxyzine, and alcoholThe 23-year-old woman's death in December was ruled accidental Fentanyl is a highly addictive synthetic opioid prescribed to treat severe pain, while promethazine and hydroxyzine are allergy medicationsBridgeport PD's Narcotics and Vice Division, with assistance from DEA, on Tuesday launched a criminal investigation into Smith-Fields' death Family's attorney pushed back against accidental death ruling, saying it 'looks more like a manslaughter, if not a murder' Mayor of Bridgeport, Connecticut, launched internal investigation into police department's handling of the case and its interactions with family Smith-Fields' family accused local police of being racially insensitive and signaled their intention to sue prior to release of cause of death  Smith-Fields' Bumble date, Matthew LaFountain, 37, has not been charged with any crime in connection with her death Smith-Fields was found dead on her blood-stained sheets by LaFountain, who is a Design Engineer with Times Microwave Systems   Read more »

Video: Woman reveals takeaway delivery driver has been sacked after leaving a foul-mouthed voicemail branding her a 'stupid f*****r' when she drunkenly fell asleep and didn't answer the door

Read more »

Vitor Pereira upset by fan reaction to his potential appointment at Everton

Pereira appeared on television to discuss his credentials (AFP via Getty Images) Everton managerial candidate Vitor Pereira admits he is hurt by fan opposition to his potential appointment but it ... Read more »

Video: More than 1,300 reports of needle spiking have been made to UK police forces in less than six months, MPs are told as one force warns a 'staggering' number of victims do not report it 

Read more »

Derby's MPs call for meeting with EFL chiefs and club administrators amid growing fears the Championship team could fold before the end of the season due to takeover impasse

Derby administrators held talks with EFL representatives on TuesdayNow Derby's MPs have urged the two bodies to attend a meeting on Friday There are growing concerns about the club’s ability to complete the season Read more »

‘Son of Concorde' warms up: NASA completes wind tunnel tests on a model of its ‘quiet' supersonic jet that will replace the loud sonic boom with a softer ‘thump' – ahead of full size tests later this year

NASA conducts tests of a scaled-down version of X-59 QueSST supersonic aircraft dubbed 'son of Concorde'The full-scale version, set to fly through the air in 2022, is currently under construction in Palmdale, CaliforniaThe X-59's engine is purposefully designed to sit in the upper section of the craft to produce a quieter 'thump'  Read more »

Video: German lawmakers debate possible COVID vaccine mandate

Read more »

Video: Mass release of illegal immigrants in Texas is captured on camera: Group of male, childless migrants were later put in taxis to airports and flown to cities across the US, report claims

Read more »

Derby County fans are set to give the club a HUGE boost with 30,000 expected at Pride Park on Sunday and 12 supporters ready to inject at least £10K each if Rams can't meet the EFL's proof of funds deadline in six days

Fans rallied round to support Derby County in its hour of need as deadline loomsEFL has asked for proof of funds to keep the club going this season by February 1But the deadline is no longer thought to be a guillotine and if there is enough money for Derby to limp on and a finalise a sale sources expect that to happenMeanwhile, MPs have demanded a meeting with the EFL and administrators  Read more »

Tyson Fury and Dillian Whyte granted FINAL 48-hour extension to negotiate their WBC heavyweight title clash... with promoters then allowed to bid to stage the fight if an agreement is not met

Tyson Fury and Dillian Whyte have been given more time to negotiate their fightThey have been given until Friday, January 28 to negotiate before purse bidsThe Gypsy King has been ordered to fight his WBC mandatory challengerDillian Whyte's team are unhappy with a 20 percent purse they've been offeredPromoters will be free to negotiate the fight if no agreement by Friday  Read more »

Video: Pope tells parents to support their children if they are gay and not 'hide behind an attitude of condemnation'

Read more »

Video: Olivia Culpo bares her toned midriff in a sheer black crop top over a silk bra while out in West Hollywood with her female friends

Read more »

Marjorie Taylor Greene claims Biden is backing Ukraine against Russia because Ukraine 'has dirt on Hunter Biden'

She complained Biden 'is willing to take our military to war ... against nuclear Russia because of Ukraine' She said the reason was because Ukraine 'has dirt' on Hunter and Joe Biden'You cannot deny this,' she said on Steve Bannon's podcastUkraine is a partner and aspiring member of NATO Russia invaded the country in 2014 to seize Crimea and has amassed thousands of troops on its border  Read more »

Video: You better work, Brit! Britney Spears pumps iron in the gym and shows off her fit figure on another Hawaii getaway with fiancé Sam Asghari

Read more »

'Who should be the next Prime Minister? Kung Fu Panda!' Year one teacher goes viral by tweeting his pupils' delightfully innocent responses to weekly questions

Teacher has gone from 100 to over 138,000 followers on Twitter in nine months George Pointon, 27, who lives in London, has been tweeting his students answersAsked the six-year-olds questions including 'who should be Prime Minister?'  Read more »

More than 1,300 reports of needle spiking have been made to UK police forces in less than six months, MPs are told as one force warns a 'staggering' number of victims do not report it

A total of 1,382 reports of needle spiking made since September, MPs told todayHome Affairs Committee was hearing from police as part of inquiry into spikingInquiry was launched in January following surge in reports of needle spiking  Read more »

Savvy supersaver, 26, who started making money by completing online surveys and using cashback sites while unemployed reveals she's raked in £5,000

Super saver Nalan Kaya, 26, from Coventry, has raked in £5,000 in three years The NHS biomedical assistant uses cash back sites, and surveys to make money She often spends less than £30 per month on shopping, including food billsShe explained she has earned thousands, adding she is saving for her first home Read more »

Video: 'Son of Concorde' warms up: NASA completes wind tunnel tests on a model of its 'quiet' supersonic jet that will replace the loud sonic boom with a softer 'thump' - ahead of full size tests later this year 

Read more »

Stunning Downtown Miami apartment block by Aston Martin nears completion - and some owners will receive a supercar from the manufacturer as a housewarming gift

Aston Martin Residences will consist of 391 homes, including 1 Triplex Penthouse and 7 Signature Penthouses The owner of the Triplex Penthouse will be given a limited-edition Aston Martin Vulcan, one of only 24 models All residents will have access to a 'Sky Amenities' area on the upper floors with an infinity-edge pool and a bar Read more »

Stalker who used fake Instagram and WhatsApp accounts to impersonate women and tell their families they were having affairs is jailed for 7 years as victims say 'He ruined our lives'

Lia, 23, and Jill, 42, revealed the 'hell' Matthew Hardy, from Cheshire, had causedHe had created fake social accounts online and bombarded them with messagesLia said the Hardy sent her 'hundreds' of messages on Instagram and WhatsappJill said she 'slept with a baseball bat' amid fears that he would get into her houseHardy from Northwich, is set to be sentenced later today at Chester Crown Court Read more »

Video: Connecticut teenager, 13, who died from fentanyl overdose at school had 100 BAGS of the drug in his home: Cops identify potential supplier who has 'narcotics history and connection to the boy's residence'

Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic