Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1521 - 1530 of 4947 results for "fees"

Fees should reflect investor skill: AB

ELIZA BAVIN  |  WEDNESDAY, 16 SEP 2020
Active managers should only charge fees in line with the returns generated from the investment manager's skills, according to Sharon Fay, chief responsibility officer at AllianceBernstein. Speaking at the JANA Annual Conference, Fay said not all active ...

Melbourne boutique raising $70m for new fund

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... Investment Group's latest fund, the Impact Alternatives Fund, is targeting 6% to 10% per year in returns (before tax but after fees), of which 3% to 5% will be income distributed quarterly. The fund has a few investments in the pipeline, with first deals ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... Super's default lifecycle products were criticised for their unsatisfactory investment performance and relatively high fees based on APRA's heatmap metrics. Maritime Super, LUCRF Super, and several BT Funds Management products such as Asgard's ...

Boutique launches Aussie equities fund

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... and real estate and materials (about 10.6% each). It had no utilities or information technology stocks at August end. The fees are set at 90bps per year. Buy sell spread is +/- 25bps. Since the fund's launch on March 11, it has delivered 9.39% vs ...

Legalsuper appoints executive, increases premiums

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
... death only will go from $1.37 per unit per week to $1.86 per unit per week - an increase of 35.6%. Fixed cover insurance fees will also go up depending on age and gender. The fund said the increases are a result of the Protecting Your Super and Putting ...

NAB fined over fees for no service

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... commenced in 2018 and were initially brought by ASIC against NAB units NULIS and MLC Nominees for the charging of plan service fees to MLC MasterKey Business and Personal Super fund members between 2012 and 2018. The NAB trustees admitted to misleading ...

Increased SG equals increased fees: Research

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
New research from the University of Sydney suggests that raising the superannuation guarantee to 12% will send fees through the roof. The study conducted by Cameron Murray, economist and research fellow at the University of Sydney, found that increasing ...

Super fund axes AMP Capital mandate

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... the Balanced Socially responsible option returned 0.8% over one year, 5.6% over three years and 4.2% over five years after fees. It follows QSuper pulling its mandate with AMP Capital and the Ethical Leaders Fund as of July 1 this year. The fund opted ...

Tom Waterhouse now a fund manager

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
... and ancillary businesses (like media and video gaming) that overlap with gambling. It is priced at 2% p.a. in management fees and 20% in performance fees above a high watermark (set for individual investors) and a buy/sell spread of +/- 1% of the net ...

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... 2022 must comply with the new requirements, which must reflect more clarity in areas such as the disclosure of performance fees, significant event notice requirements, and the identification and treatment of derivative costs. The changes are also applicable ...