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Showing 61 - 70 of 4446 results for "Fees"

Blackwattle Partners launches global fund

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... all retail investors, the firm will be running a foundation offer over the next three months for early access at reduced fees for select clients. According to Skinner, the fund will be constrained to a maximum funds under management of $10 billion. "We've ...

Large-cap equity funds continue underperformance: SPIVA

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... across passive and active managers. "It's really hard for long equity managers to actually charge clients on performance fees. It's almost non-existent now. If you're a hedge fund pursuing an absolute-return strategy, yes, it's standard ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... measures, effective from 1 July 2019, aimed to safeguard Australians' superannuation from being eroded by unnecessary fees and insurance costs. It introduced fee adjustments, moved inactive accounts with low balances to the Australian Taxation Office ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... outset, Shrimski also reinforced Vanguard's intentions to get that 0.58% fee even lower. "We're doing some work on fees as it is, and more to come on that... but we're already looking at our fees, and that's exciting for members," he ...

Copia seals distribution partnership

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... long-term total returns using an environmental, social and governance (ESG) overlay. The fund returned 11.7% per annum before fees and unhedged in USD over a five-year period at the end of December 2023, compared to the Dow Jones Brookfield Global Infrastructure ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... million but still came in as a $700,000 loss. Revenues increased by 3.8% to $107.6 million on the back of higher ongoing client fees from repricing at Shadforth and Bridges. Meanwhile, expenses fell by about 19% because of optimisation benefits. As predicted ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... These offerings, he said, leverage scale and manager relationships to deliver zero or discounted platform administration fees to clients, targeting a total cost to client of less than 1%. For retirement products, AMP's MyNorth Lifetime leads the way ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... such as the US Masters Residential Property Fund (URF), carried more risk than the complainant understood or needed. The fees were also excessive when compared to alternative investment products," it read. AFCA lead ombudsman for investments and advice ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... with the group saying this is tracking in line with full-year guidance of up to $102.5 million. They added that performance fees for the half were not meaningful, characterising them as lumpy and unreliable. With the global equities business seeing the ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... FY 22. "Lower AUM based revenue (down 10.4%) was the result of both the simplification program to consolidate products and fees and the previously announced mandate loss of $4.3 billion," Vernon said. The group's underlying NPAT was up 6.5% to $196 ...