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Showing 121 - 130 of 520 results for "IRR"

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
Active fund managers are falling short of delivering value to investors and justifying their fees, a review from the UK's financial services regulator reveals. A review of 18 fund managers between July 2020 and May 2021 by the Financial Conduct ...

360 Capital offloads E&P stake

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... cents a share ($29.9 million total including dividends). It says it netted a $9.1 million total profit from the sale, or an IRR of 54.9%. It is getting replaced on EP1's shareholder register by Mercury Capital, which exercised its call options from ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
Australia's state of Victoria is back in lockdown. So are Victorians' irritation and anger at having their lives and livelihood restricted for the fourth time since the coronavirus began early last year. So are estimates of the cost to the state ...

MLC appoints co-head of private equity

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... Equity manages $5 billion in funds under management. Its first co-investment fund, launched in November 2013 has delivered an IRR net of fees of 20.9% since inception, above its target of 15%.

Ironbark signs on Canadian manager

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... utilities, telecommunications, transportation, and public-private partnerships. It targets returns of 10-12% p.a. in gross IRR and delivered 11.6% last year. Ironbark declined to comment on the fees. In Australia and New Zealand, Ironbark will distribute ...

Savills IM appoints local team, launches fund

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... previously a property analyst at AMP Capital. The team's key responsibility will be the APACIG strategy, which targets an IRR in the region of 8-10%, with investments focused on Asia-Pacific's developed markets and key gateway cities to capitalise on ...

Bill and Melinda Gates to divorce

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
Bill and Melinda Gates have filed for divorce and will now set about dividing their US$130 billion fortune. A petition for dissolution of their marriage was filed by the couple in King County, Washington. They have been married since 1 January 1994. ...

Super funds need to get on board with crypto: Carnegie

ELIZABETH MCARTHUR  |  MONDAY, 12 APR 2021
... of 2% plus a performance fee of 25% of the return (based on fund NAV) subject to delivering investors a cumulative net 10% IRR post all fees. It will have a 45% to 75% allocation to cryptocurrencies including Bitcoin and Ethereum, 30% to 60% stablecoin ...

HUB24 hits fund managers with higher fees

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
Fund managers that use HUB24's platform have received updated contracts this month, listing a significant increase in their "reporting fees". HUB24 charges fund managers a reporting fee if they want to see which financial advisers and/or dealer ...

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
A review of Australian Financial Complaints Authority (AFCA) complaints data shows over 31,000 complaints have been made in the wake of the Royal Commission, according to CHOICE. Complaints around credit products revealed many customers have still been ...