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Showing 1671 - 1680 of 4947 results for "fees"

Pendal awards registry mandate

KANIKA SOOD  |  MONDAY, 18 MAY 2020
... one years'notice of termination and will be renewed automatically after five years. For Mainstream, the annual contracted fees from Pendal will be roughly 6% of its Australian revenue and 3% of group revenue. Mainstream's services to Pendal will include ...

Fidante adds to London office

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... 2019 said its income margin slipped marginally from 16 bps in 1H19 to 15 bps in 1H20, impacted by lower Europe transaction fees.

AMP Capital cuts fees on equities fund

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
AMP Capital has dropped the management fees on its ESG-focused equities fund by 15bps, while also updating its screening thresholds. The AMP Capital Sustainable Share Fund will shift from charging 70 bps per year to 55 bps per year. It has tightened ...

Practice valuations avoid COVID-19 hit

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... busy, with five businesses available in the area. He said buyers are chasing practices with middle-aged clients paying good fees, with professionals piquing buyers' interests, and tend to be larger boutique planning firms with all-employed financial ...

New fund listing cancelled

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... maturity, industry and loan term," the company said. The fund is targeting a return of 4% pa above the RBA cash rate, net of fees and costs, and will be paid monthly. The company said it is targeting a portfolio composition of 85% senior secured, 10% ...

Morningstar downgrades two Vanguard funds to neutral

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
... their retail share classes downgraded at Morningstar, with the ratings house bringing attention to the vehicles' higher fees compared to their listed or wholesale versions. The lower-investment-minimum share classes of the $16.7 billion Vanguard ...

Compliance crackdown, consultations on horizon: ASX

ALLY SELBY  |  TUESDAY, 12 MAY 2020
The chief compliance officer of the ASX has revealed the stock exchange is continuing to focus on advisers gouging fees during the COVID-19 crisis, and revealed the several consultations it has on the horizon. Speaking over the phone for the Governance ...

Advisers split on COVID-19 opportunity

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... designed to help advisers focus on clients, and includes health and wellbeing support, as well as measures to waive license fees until June 30. "All Australians are feeling the effects of the coronavirus, and financial advisers are no different. One ...

Pendal's product pipeline for 2020

KANIKA SOOD  |  MONDAY, 11 MAY 2020
... distribution). Statutory NPAT for first half of FY20 was down 21% over first 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 ...

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... payout was for customers. He did not answer the question but said AMP had made a decision to repay all clients with low value fees. Another shareholder asked about AMP's strategic "re-invent advice" program, asking why it didn't re-invent itself ...