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Showing 1581 - 1590 of 4947 results for "fees"

GQG Partners wins $20m mandate

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... clients at PlayfairTan and so it was easy to invest with GQG Partners," Cunneen said. Last month, GQG trimmed the management fees for the global equities fund from 0.90% to 0.75% per year. The US fund manager, which is led in Australia by former head ...

Super fund for women adds fee

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... analysis indicates the new flat admin fee will cover almost all the percentage fee reduction - however, the administration fees overall are likely to become slightly cheaper for most members. The Product Disclosure Statement has also changed in regards ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... processing of the client rebates," he said. The new rebate fee comes at a time when Netwealth is understood to have raised the fees for fund manager to host their funds on its platform from $7700 per fund to $10,000 in recent months. A funds management ...

Another merger at First State Super

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... March 4 this year. The funds are expected to finalise a merger by November 30. WA Super, the smaller of the two, will get low fees, greater investment options and ongoing support for local services, First State said. However, the WA Super brand will ...

Pinnacle puts zero-fee ETF experiment to bed

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... Global Investors. Listed under the ticker Z3RO, it was the first ETF in Australia to charge no performance or management fees, and came at the heels of Fidelity's zero-fee ETF push in the United States. "We are not looking to break even on this product ...

CBA ups remediation bill for advice

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... Commonwealth Financial Planning. "The estimates of provisions for customer remediation payments in relation to ongoing service fees have been revised to reflect the latest information on the ongoing service fee population, and updates to the remediation ...

Ironbark restructures two funds

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... space. "We are committed to the multi-manager global long/short strategy in insto and private wealth space," he said. The fees will come down by about 2.5% for the two funds, while the liquidity will move from monthly to daily. Ironbark Asset Management ...

Debt vulture crackdown welcome

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... down on "debt vultures" - businesses or individuals that claim to assist those struggling with debt but actually rake in big fees. National Australia Bank said it will no longer deal with unlicensed, fee-charging debt management provides. "Debt vultures ...

Garry Laurence to depart Perpetual

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... placed to manage and grow our global equities funds in the future." Following the manager transition, Perpetual will drop the fees to 0.99% and get rid of performance fees. While the buy/sell spread will increase, the firm is estimating a reduction on ...

Sydney boutique winds up fund

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... sustainable level. The Redpoint Industrials Fund aimed to perform in line with S&P/ASX 100 Industrials Accumulation Index post fees on five year rolling periods, while holding less than half of the companies in the benchmark. As at June end, it had $2.8 ...