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Showing 91 - 100 of 296 results for "Performance fees"

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... the half-year to December 2021. Total NPAT for the period jumped 32% year on year; some $6.4 million came from performance fees. Pinnacle now has 16 affiliates with a combined funds under management of $93.6 billion, growing 33% year on year. Its share ...

Strongest quarter for BlackRock

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... active strategies. The record organic growth for BlackRock means a 20% increase in full year revenue and record performance fees. Its earnings per share (EPS) was 16% higher for the full year as adjusted diluted EPS. BlackRock returned a total of $3.7 ...

Tough quarter for Pendal

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
... quarter in terms of our flows. However, we are responding with a clear set of actions and have delivered strong performance fees in line with those recorded in a prior year," Pendal chief executive Nick Good said. "Pendal continues to invest in distribution ...

Downward fee trend hits ESG

ELIZABETH MCARTHUR  |  MONDAY, 22 NOV 2021
... research also found management fees for renewable energy infrastructure strategies have fallen by 8% since 2016 and performance fees have also declined. However, fees for infrastructure strategies and private market strategies outside of renewables have ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... average funds under management grew 14% to $107.9 billion. Fee revenue was also up by 23% to $581.9 million with performance fees jumping to $57.5 million from $13.4 million. The base fee margin remained steady at 48bps. Pendal will pay a final dividend ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... figures comprise operating costs and look-through costs, which cover expenses such as investment management and performance fees incurred. In the latest financial year results, three out of four areas drove up costs for the sovereign wealth fund: agency ...

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.