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Myriam Robin

Sargon's Phillip Kingston pulls out of Pause Fest

He has barely said a word on the fintech's troubles and is likely to keep shtum for the foreseeable future.

Myriam RobinSenior Writer

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In several corners of serial networker Phillip Kingston's empire, cash flow is proving elusive.

As his fintech Sargon's marketing often points out, it oversees an operation involving $55 billion in assets under trusteeship and supervision. But that barely says anything for its financial health, superannuation trusteeship being a staggeringly low-margin business.

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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/rear-window/sargon-s-phillip-kingston-pulls-out-of-pause-fest-20200204-p53xkb