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Showing 51 - 60 of 240 results for "Performance fees"

SG Hiscock introduces medical tech fund

JAMIE WILLIAMSON  |  TUESDAY, 29 JUN 2021
... establish a registered charitable foundation that will be funded by 10% of the fund's net revenue, including performance fees.

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... market movements and investment performance with 83% of FUM outperforming respective benchmarks over one year. Performance fees were up $40.5 million to $41.1 million and Pendal recorded $900 million in flows over the half, as previously recorded in ...

HGL acquires Supervised Investments

ELIZABETH MCARTHUR  |  FRIDAY, 26 MAR 2021
... provide a "small base" and capability from which to grow and to derive both base management fees and investment performance fees. "It is intended that the investment /funds management division will grow to become a core contributor to future profitability ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
Magellan reported a small increase in its net profits, despite a 70% drop in performance fees and a stronger Australian dollar. Net profit after tax for the six months ending December 2020 was $202 million, up 3% from the same period in 2019. Total ...

Local managed funds fee revenues shrinks

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
... these fee reductions case-by-case or choose an indexed fund." In the year, one in five managed funds charged performance fees. By asset classes, alternatives had the highest median fees (1.2% p.a.). They were also three times more likely to charge performance ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... at the end of the period. Retail FUM of $16.7 billion grew 17% year on year. Four of its 16 affiliates earned performance fees totaling $45.2 million (Pinnacle receives a cut of $11 million after tax). "The diversity of strategies with performance fee ...

Aura hires executive from Challenger

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
... real property and requires a minimum investment of $500,000. It charges a management fee of 0.85% p.a. but not performance fees. Parent company Aura Group has offices in Sydney, Melbourne, Brisbane and Ho Chi Minh City. Also Sydney-based, Damien Hatfield ...

BlackRock results reveal Aladdin trajectory

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
... to iShares ETFs. The quarter also capped off a record performance fee year for BlackRock, with $1.1 billion in performance fees earned over the year - more than double 2019 levels. A single hedge fund strategy that delivered "exceptional performance" ...

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... which added $9.3 billion, resulting in a net gain on total assets for the period. JO Hambro business reported performance fees of $41.2 million for the year ending December, a significant improvement from just $600,000 in the previous corresponding period. ...

Acadian hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... for several of the funds it manages in Australia. The asset manager said in addition to reducing base fees, all performance fees have also been removed.