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Showing 1561 - 1570 of 4947 results for "fees"

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
Fees across all super fund types dropped to record lows last financial year, according to a recent study conducted by Rainmaker. The key finding of a review of 2720 products offered by 169 super funds, super fees came in at a total of $29.6 billion ...

De Ferrari refuses to discuss Wade

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... falling 40% year on year to just $72 million from $120 million. This was driven by a 39% decline in performance and transaction fees due to COVID-19.

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... funds under management as at June 2020 was $95.5 million, up 26% from previous year. This yielded $587 million in management fees (up 26%) and $81 million in performance fees (down 3%) as about 34% of its funds under management earned performance fees ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
The $52 billion industry fund is closing some of its investment options and merging others in a move that will see some fees change. HESTA has informed members that investment options across both super and income streams will be changed from October ...

Global manager launches China A-shares fund

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... vehicle. Australian investors will have access through an AUD denominated share class, priced at 85bps per year in management fees and minimum investment size set at $5 million (negotiable for wholesale investors). Investec has a long history in managing ...

Tough year at Challenger

KANIKA SOOD  |  TUESDAY, 11 AUG 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. Similar ASX-listed business Pinnacle Investment Management ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... legacy systems to increase domestic business investment. This would transfer customers to contemporary products to lower fees, increase competition, improve product disclosure and reduce technology risk, the FSC said. It also recommended the government ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... months), 0.36% (one year ), 6.55% p.a. (three year), 8.01% (five years). It is priced at 71bps a year plus GST in management fees plus expense recovery capped at 5bps per year. "We are pleased to launch our Diversified Income Fund in Australia, following ...

Sydney Aussie equities manager trims fees

KANIKA SOOD  |  MONDAY, 10 AUG 2020
A Washington H. Soul Pattinson related Aussie equities manager has trimmed the fees on a newly-launched fund by 15bps. Contact Asset Management's mid-March launch of the Contact Australian ex-50 Fund has revised down its annual management fees from ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June 2012. After a recent ...