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Showing 1191 - 1200 of 4942 results for "fees"

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 ...

Colonial First State reports 22.4% in super returns

KANIKA SOOD  |  TUESDAY, 13 JUL 2021
Colonial First State's FirstChoice Lifestage returned an average of 22.4% after fees and tax in FY21. The returns are aggregate across FirstChoice's different lifestages, which have different asset allocations. The 1990-1984 lifestage returned ...

VanEck launches active ETF with Sydney boutique

KANIKA SOOD  |  MONDAY, 12 JUL 2021
... convertibles and subordinated debt securities. Bentham Asset Management will be the portfolio manager. The ETF targets after-fees returns of 3% over RBA cash rate over the long term, with monthly dividends. VanEck said it is the only global capital securities ...

Active Super returns 23%

KANIKA SOOD  |  MONDAY, 12 JUL 2021
... allocation [in the past], but over time with our managers we've got the confidence that they can add value beyond their fees. And so, we have renewed the amount of active investment," he said.

Hejaz expands with three new funds

KARREN VERGARA  |  MONDAY, 12 JUL 2021
... investors access to Shariah-compliant managed funds. The Global Equities Fund is targeting a 20% per annum return net of fees, investing in Europe, North America and selected Asian markets, including Australia. It aims to reach $100 million in funds ...

Vanguard lowers platform fees

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
Vanguard has made changes to the fees on its Personal Investor platform and introduced a brokerage fee for all listed investments. From August 18 the investment manager will remove the account fee for Vanguard ETFs, managed funds as well as the cash ...