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Showing 141 - 150 of 296 results for "Performance fees"

Pendal's product pipeline for 2020

KANIKA SOOD  |  MONDAY, 11 MAY 2020
... half of FY19 to $54.8 million. Base management fees were largely unchanged at $240.9 million (1% growth) but performance fees fell 86% from $4.4 million to $0.6 million. Operating profit margin fell from 42% to 41%. ?

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... for the six months ending December (1H20), slightly lower than 1H19's $46.3 million. Of this $45.5 million, performance fees accounted for $3.5 million. Its income margin slipped marginally from 16 bps in 1H19 to 15 bps in 1H20, impacted by lower ...

Challenger boutique winds up

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
... for the six months ending December (1H20), slightly lower than 1H19's $46.3 million. Of this $45.5 million, performance fees accounted for $3.5 million. Fidante Partners' income margin slipped marginally from 16 bps in 1H19 to 15 bps in 1H20 ...

Pinnacle buys stake in Coolabah

KANIKA SOOD  |  THURSDAY, 12 DEC 2019
... high-grade credit," Pinnacle managing director Ian Macoun said. "Furthermore, more than 90% of the FUM is subject to performance fees providing strong alignment with clients," he said. In July, Coolabah took full ownership of Smarter Money Investments ...

Retail fund swaps out K2

KANIKA SOOD  |  MONDAY, 25 NOV 2019
... net assets, according to the FY19 annual report. The year was marked with redemptions ($94.6 million) and low performance fees (just $5000 compared to $4.5 million for FY18).

Colonial First State launches new fund

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... and a recommended investment period of at least five years. The management costs are 1.03% (class A) with no performance fees. Distributions are half yearly. Performance of the Baillie Gifford's Global Stewardship UK composite was 5.7% p.a. over the ...

How much Future Fund spends in fees

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... years ago to 0.2% in the year ending June. "Look-through costs" refers to spending on investment management and performance fees. This has gone up from 1.31% three years ago to 1.42% in the most recent period. Rainmaker executive director of research ...

Regal teams up for new fund

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... GRRF has bought the royalty to a Queensland gas field. GRRF's fees are 1.25% in management fees and 20% in performance fees for returns above an 8% hurdle. The fund eventually aims to list on the ASX as a listed investment vehicle.

Global manager pushes Australian expansion

ELIZA BAVIN  |  MONDAY, 30 SEP 2019
... million. The new funds management fee is capped at 1.7% per annum and the vehicle's net asset value, plus performance fees will be taken into account across the equity and credit investments. It is believed Crestone Wealth Management was one of the ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... well-performing equities funds are now managing an average of $75.8 billion (up 28%) and raked in about $84 million in performance fees, which is more than double the performance fees they collected last year. Overall, the group reported NPAT of $377 ...