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Showing 1151 - 1160 of 4942 results for "fees"

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.

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... it thinks will fail the test a second time. In final YFYS regulations the government changed its stance on administration fees, moving to testing on only last year's administration fees instead of eight years' average in the APRA performance ...

Moelis Australia reports record results

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... increase) including net inflows $506 million (220% increase). Revenue for the segment grew by 94%, including a 28% in base fees. Corporate advisory revenue was up 16%, and the lending business reported a 160% growth in the loan portfolio. "We are pleased ...

Super fund portfolio disclosure consultation reopens

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
... system works harder for all Australians, saving workers $17.9 billion over 10 years by putting strong downward pressure on fees, removing unnecessary waste, and increasing accountability and transparency.

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... Platform revenue grew 17% to $142 million with transaction revenue increasing 3% to 12% of platform revenue. Administration fees were also up 1.9%. The average account size increased to $481,000, up from $385,000 for June 2020. Platform revenue per account ...

Magellan profits dip

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
... said in the annual report. "We therefore draw shareholders' attention to the change in profit before tax and performance fees of our funds management business. This increased 10% to $526.6 million... which was broadly in line with the growth in average ...

Saxo cuts trading costs

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
... Australia has lowered its trading costs by as much as 60%. Investors trading ASX shares and ETFs will now pay $5 in brokerage fees, down from $6.99. The $5 minimum amount is charged based on the total trade amount or whichever amount is higher according ...

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... vital role in leading Aware Super's ambitious organic growth strategy by attracting and retaining members through lower fees, new product design and meeting the growing member demand for more digital services. "Investment performance is a key driver ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... oversubscriptions. The LIC will mirror the strategy of the 11-year-old Lanyon Australian Value Fund, which returned 24.8% for FY21 after fees while holding over 40% of the fund's assets in cash. The strategy is managed by Lanyon managing director ...

ETF Securities to list pure play Hydrogen ETF

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... Solactive Global Hydrogen ESG Index and invest in stocks of pure play hydrogen listed companies. It is priced at 0.69% p.a. in fees. The company expects the passive ETF to list on the ASX in September or October. "It's really about looking at the ...