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Showing 131 - 140 of 4458 results for "fees"

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... year," Australian Unity said. If a capital loss is crystalised upon the sale, Australian Unity said it will re-direct all fees received from the developer since the inception of the development to date into the syndicate fund to "offset a portion of ...

Active funds outperform passive strategies - sometimes

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... the past decade. Conversely, in the "world large blend" category, active managers often struggle to justify their higher fees compared to low-cost passive options. Nevertheless, the study, which encompasses over 700 open-ended strategies domiciled in ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... foreshadowed timing of asset realisations in green investments, and an increase in operating expenses. Base and performance fees were broadly in line with the prior corresponding period," Macquarie managing director and chief executive Shemara Wikramanayake ...

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... solutions. While the product has ultimately failed, it did achieve this goal; if Kogan Super had been a MySuper product, its fees of just 0.67% would have made it the third cheapest in market, just behind Vanguard and ANZ Staff Super.

La Trobe reveals global strategy, partners

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
... largest private equity firms. The product seeks to deliver an annualised distribution yield of at least 9% per annum net of fees. Andrews said it's a unique investment product designed to give Australian investors access to private credit provided ...

SPDR slashes fees on six ETFs

CHLOE WALKER  |  WEDNESDAY, 1 NOV 2023
State Street is reducing management fees on six of its SPDR exchange-traded funds (ETFs) following a pricing review, impacting almost 70% of the SPDR business' total local assets under management (AUM). The fee cuts, relating to four domestic sector ...

Betashares launches currency-hedged FTSE 100 ETF

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
... companies. According to Betashares, the ETF will track the performance of the AUD currency-hedged FTSE 100 Index, before fees and expenses. This index offers exposure to the largest 100 companies by market capitalisation traded on the London Stock Exchange. ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
... the fund management industry complete globally. "Australia has a globally sophisticated funds management industry, with low fees by global standards, but is missing out on the opportunity to manage offshore due to regulatory and tax policy settings that ...

Super member loyalty on the rise: Data

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2023
... 32% to 22% and younger members dropping to 23% from 32%. "Outside of performance and returns, trust (26%) and competitive fees and charges (23%) were the single most important factors driving loyalty, with both factors at their highest levels in the ...