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Showing 1191 - 1200 of 4947 results for "Fees"

Alphinity launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
... concentration and investment approach of the existing Alphinity Global Equity Fund, which has returned 14.4% per annum after fees since inception in December 2015 (as at 30 June 2021). However, the new fund will also apply sustainability and ESG methodology. ...

Aware Super hits $150bn, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 JUL 2021
... Those accumulation members who came to Aware through its merger with VicSuper have already seen a 20% reduction in admin fees, the fund said. "We know that size and scale are critical drivers to delivering better long-term retirement outcomes for our ...

Christian Super reduces fees

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
The $2 billion superannuation fund has once again dropped its fees as part of a broader strategy to provide better outcomes for its members. On July 1, Christian Super's 30,000 members saw a fee cut of between five to 10 basis points for all diversified ...

Another cash ETF bites the dust

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... has delisted from the exchange. The eInvest Cash Booster Fund (managed fund) (ECAS ) targeted 0.5% above cash rate (net of fees) by investing in cash, term deposits, short-term money market and fixed income instruments. It was managed by Daintree Capital ...

NGS Super awards $150m small caps mandate

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... president with the company. The US$1.6 billion strategy has been running since April 2016, returning 22.24% p.a. (net of fees, in USD) to the MSCI ACWI small return's 13.49% p.a. from inception to June end. It invests in both developed and emerging ...

BlackRock hits US$9.5tn milestone

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... reported a 32% jump in revenue year-over-year, indicative of significant market gains, organic growth, higher performance fees and 14% growth in technology services revenue, Fink said. Total revenue stood at US$4.8 billion ($6.5bn), while net income ...

No charges in AMP BOLR investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 JUL 2021
... financial advice for up to three months. The investigation related to suspected criminal conduct regarding the charging of fees for no service in relation to the BOLR Policy in breach of section 1041G (prohibition on dishonest conduct) of the Corporations ...

Pendal FUM up $5bn

KANIKA SOOD  |  THURSDAY, 15 JUL 2021
... outflows of $0.7 billion were mostly from lower margin cash after Westpac transitioned out its mandates. It realised performance fees of $16.4 million during FY21, which is 29% higher than FY20. In Pendal Australia, wholesale channel flows remained positive ...

AMP Capital fund reduces fees, secures major loan

KARREN VERGARA  |  THURSDAY, 15 JUL 2021
... it secured a major loan for one of its key assets. The $1.4 billion fund told shareholders that from August 1, management fees of 85bps will decrease to 80bps. When funds under management reach $1.5 billion or more, fees will reduce to 77.5bps. At $2 ...

Raiz rolls out SMSF functionality

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
... the Custom Portfolio offer) which is all inclusive. There is no brokerage for unlimited allocation changes, no switching fees between portfolios, and no fee for automatic rebalancing. Raiz is now reaching out to financial advisers, asking them whether ...