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Showing 111 - 120 of 296 results for "Performance fees"

Local managed funds fee revenues shrinks

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
... these fee reductions case-by-case or choose an indexed fund." In the year, one in five managed funds charged performance fees. By asset classes, alternatives had the highest median fees (1.2% p.a.). They were also three times more likely to charge performance ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... at the end of the period. Retail FUM of $16.7 billion grew 17% year on year. Four of its 16 affiliates earned performance fees totaling $45.2 million (Pinnacle receives a cut of $11 million after tax). "The diversity of strategies with performance fee ...

Aura hires executive from Challenger

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
... real property and requires a minimum investment of $500,000. It charges a management fee of 0.85% p.a. but not performance fees. Parent company Aura Group has offices in Sydney, Melbourne, Brisbane and Ho Chi Minh City. Also Sydney-based, Damien Hatfield ...

BlackRock results reveal Aladdin trajectory

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
... to iShares ETFs. The quarter also capped off a record performance fee year for BlackRock, with $1.1 billion in performance fees earned over the year - more than double 2019 levels. A single hedge fund strategy that delivered "exceptional performance" ...

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... which added $9.3 billion, resulting in a net gain on total assets for the period. JO Hambro business reported performance fees of $41.2 million for the year ending December, a significant improvement from just $600,000 in the previous corresponding period. ...

Acadian hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... for several of the funds it manages in Australia. The asset manager said in addition to reducing base fees, all performance fees have also been removed.

Acadian reduces fees

ELIZA BAVIN  |  WEDNESDAY, 2 DEC 2020
... it, and its parent company, manage in Australia. The asset manager said in addition to reducing base fees, all performance fees have also been removed. "As a result of the changes, the Acadian Wholesale Australian Equity Fund is now offered at the lowest ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... at 10-12% per year IRR after fees but before tax. Fees as 1.65% p.a. in base fees and 20% above a 7% hurdle in performance fees. The firm is pitching it to sophisticated and family office market, with minimum investment size set at $100,000 with $50,000 ...

Fidante signs on new partner

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... billion from instos and $1.5 billion from retail) for the period with strong fixed income and equity flows. Its performance fees were up $11 million but Europe transaction fees were down $4 million.

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... Management, which contributed 47% of the net profit, was impacted by lower Macquarie AirFinance income and lower performance fees. This was partially offset by sale of Macquarie Rail in the period. The banking and financial services business, which includes ...