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Showing 41 - 50 of 240 results for "Performance fees"

Ex-Pengana staff launch boutique

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... ranging small to large caps and is open to all investors. Management fees start at about 0.35% per annum while performance fees sit at 20% p.a. "We have long-term aims of beating the benchmark, doing it with low volatility and doing so in a sustainable ...

Record FUM growth at Australian Ethical

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
... some strong investment performance provided a boost to revenue too. The company reported that $2.9 million in performance fees from the Australian Ethical Emerging Companies Fund. "Our ethical investment approach is rapidly gaining popularity due to ...

VGI Partners posts $43m in June half profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
... amortisation of VG8 and VG1's costs of listing on the ASX, the firm said. Net management fees were $22.2 million and performance fees were $50.4 million for the six months ending June. "VGI's first half results reflect the firm's very strong ...

Perpetual hires distribution lead, ramps up expansion

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... since inception and all of our funds performing above their respective benchmarks," Adams said. Perpetual earned performance fees of $20.7 million, up from $17.3 million reported in FY20.

Magellan profits dip

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
... said in the annual report. "We therefore draw shareholders' attention to the change in profit before tax and performance fees of our funds management business. This increased 10% to $526.6 million... which was broadly in line with the growth in average ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... listed funds. Lanyon said it has formally committed to reinvesting 100% of the after-tax value of management and performance fees to purchase shares on the market, if its LIC trades at a discount. "This means that if any month the company trades at a ...

Pendal open to more acquisitions

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
... underlying profit after tax $82.6 million in the half-year ending March. It was a beneficiary of strong markets, good performance fees, and net inflows. The TSW acquisition increases its FUM by about 30% to over $132 billion. The company expects earnings ...

BlackRock hits US$9.5tn milestone

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... reported a 32% jump in revenue year-over-year, indicative of significant market gains, organic growth, higher performance fees and 14% growth in technology services revenue, Fink said. Total revenue stood at US$4.8 billion ($6.5bn), while net income ...

Pendal FUM up $5bn

KANIKA SOOD  |  THURSDAY, 15 JUL 2021
... outflows of $0.7 billion were mostly from lower margin cash after Westpac transitioned out its mandates. It realised performance fees of $16.4 million during FY21, which is 29% higher than FY20. In Pendal Australia, wholesale channel flows remained positive ...

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
... ended the June quarter with $113.9 billion in total FUM, up from $106 billion at March end. It is estimating performance fees of roughly $30 million for the 12 months ending June 2021, which is significantly lower than $80 million for the year ending ...