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Showing 61 - 70 of 240 results for "Performance fees"

Acadian reduces fees

ELIZA BAVIN  |  WEDNESDAY, 2 DEC 2020
... it, and its parent company, manage in Australia. The asset manager said in addition to reducing base fees, all performance fees have also been removed. "As a result of the changes, the Acadian Wholesale Australian Equity Fund is now offered at the lowest ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... at 10-12% per year IRR after fees but before tax. Fees as 1.65% p.a. in base fees and 20% above a 7% hurdle in performance fees. The firm is pitching it to sophisticated and family office market, with minimum investment size set at $100,000 with $50,000 ...

Fidante signs on new partner

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... billion from instos and $1.5 billion from retail) for the period with strong fixed income and equity flows. Its performance fees were up $11 million but Europe transaction fees were down $4 million.

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... Management, which contributed 47% of the net profit, was impacted by lower Macquarie AirFinance income and lower performance fees. This was partially offset by sale of Macquarie Rail in the period. The banking and financial services business, which includes ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... Base fee margin slid by 1 bp to 48 bps, which the company attributed to change in asset mix during the year. Performance fees were up 130% to $13.4 million as 72% of Pendal's total FUM outperformed. Dividends for the year were down 18% from 45 cents ...

GSFM sizes up ETFs with Munro launch

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... positions are 1.5% of NAV. The fees are same as the unlisted trust -- 1.35% per year in base fees plus 10% in performance fees above a high watermark and hurdle (10-year government bond yield plus 3.5% p.a). GSFM chief executive Damien McIntyre said ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... inched down in the last three years from 1.57% to 1.13%. The recent financial year saw the spend plunge 23% as performance fees went down during COVID-19. September quarter results saw 1.1% in returns, and 10-year performance now sits at about 9% p.a ...

Sydney boutique sharpens focus on HNWs

KANIKA SOOD  |  FRIDAY, 9 OCT 2020
... funds) and typical fee structures include an establishment fee (about 2%), funds management fees (about 0.5%) and performance fees on returns above a performance hurdle. "It is an area we are looking to grow. Certainly, [I] think over the next three ...

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... US$100,000 and offers daily liquidity without any lock-ins, redemption penalties or bid-offer spread. Management and performance fees are 1.5% and 20% respectively. Ferguson Hyams Investment Management (FHIM) is run by former UBS director Gideon Hyams ...

Tom Waterhouse now a fund manager

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
... (like media and video gaming) that overlap with gambling. It is priced at 2% p.a. in management fees and 20% in performance fees above a high watermark (set for individual investors) and a buy/sell spread of +/- 1% of the net asset value, according a ...