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Showing 81 - 90 of 240 results for "Performance fees"

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
A subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...

CFS drops fees on external fund

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
... from 1.60% per year in base fee to 1.20%. Its wholesale class will go from 1.70% per year in base fees to 1.40%. Performance fees for both versions stay at 20%. The changes came into effect June 8. The strategy uses trend-following systems with exposure ...

Schroders readies private assets offering

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... good position to be buying assets," she said. The fees are set at 1.8% per year in total costs. There are no performance fees. "One thing we did when we started to think about this fund is we wanted it to be clean and transparent. That's something ...

Collapse of REITs spells opportunity: SG Hiscock

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... such as the more volatile income streams within the A-REIT index including development, funds management and performance fees. "We had been pushing up capitalisation rates and assigning lower multiples for other income sources." The global shut down ...

Pendal's product pipeline for 2020

KANIKA SOOD  |  MONDAY, 11 MAY 2020
... half of FY19 to $54.8 million. Base management fees were largely unchanged at $240.9 million (1% growth) but performance fees fell 86% from $4.4 million to $0.6 million. Operating profit margin fell from 42% to 41%. ?

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... for the six months ending December (1H20), slightly lower than 1H19's $46.3 million. Of this $45.5 million, performance fees accounted for $3.5 million. Its income margin slipped marginally from 16 bps in 1H19 to 15 bps in 1H20, impacted by lower ...

Challenger boutique winds up

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
... for the six months ending December (1H20), slightly lower than 1H19's $46.3 million. Of this $45.5 million, performance fees accounted for $3.5 million. Fidante Partners' income margin slipped marginally from 16 bps in 1H19 to 15 bps in 1H20 ...

Pinnacle buys stake in Coolabah

KANIKA SOOD  |  THURSDAY, 12 DEC 2019
... high-grade credit," Pinnacle managing director Ian Macoun said. "Furthermore, more than 90% of the FUM is subject to performance fees providing strong alignment with clients," he said. In July, Coolabah took full ownership of Smarter Money Investments ...

Retail fund swaps out K2

KANIKA SOOD  |  MONDAY, 25 NOV 2019
... net assets, according to the FY19 annual report. The year was marked with redemptions ($94.6 million) and low performance fees (just $5000 compared to $4.5 million for FY18).

Colonial First State launches new fund

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... and a recommended investment period of at least five years. The management costs are 1.03% (class A) with no performance fees. Distributions are half yearly. Performance of the Baillie Gifford's Global Stewardship UK composite was 5.7% p.a. over the ...