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Showing 161 - 170 of 445 results for "Performance fee"

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
Pendal reported $116.4 million or 25% lower net profit after tax in the year ending September, even as inflows started to pick up in the last three months. The figure includes its seed investments' movements which were marked-to-market. If it weren't ...

Industry fund flags fee cuts

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... fee for the balanced-index option is estimated to have risen slightly, from 0.07% pa to 0.08% pa. Similarly, the performance fee in the socially conscious balanced option also saw a slight rise from 0.03% pa to 0.04% pa. The largest change was the indirect ...

GSFM sizes up ETFs with Munro launch

KANIKA SOOD  |  MONDAY, 2 NOV 2020
The Sydney multi-boutique is dipping its toes into active ETFs, with the first being a long/short fund from Munro Global Partners. The Munro Global Growth Fund (Hedge Fund) started trading on the ASX today with the ticker MAET. The active ETF will invest ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
At the budget estimates this morning, the Future Fund was asked to provide its fee spend by each asset class, instead of the total-portfolio figure it usually reports. The $163 billion sovereign wealth fund uses 'total portfolio approach' meaning ...

Future Fund slashes fees

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... for the Future Fund Management Agency staff. Look-through costs on the other hand, are investment management and performance fee costs incurred indirectly through "investment vehicles or where the fund is part of a comingled group of funds". Over the ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... fund's minimum investment is $250,000 for wholesale investors. It has a management fee of 1.25% per annum and a performance fee of 15%. Spatium Capital is an authorized representative of D H Flinders; its trustee is Vasco Trustees.

Sydney boutique sharpens focus on HNWs

KANIKA SOOD  |  FRIDAY, 9 OCT 2020
A Sydney real estate fund manager has established a private wealth division, as it sees opportunities to snap up new assets for syndicates of wealthy investors. EG currently manages about $3.2 billion in property assets, for investors that are mostly ...

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
A boutique Australian investment manager has launched a fund that uses sophisticated quantitative and foreign-exchange trading strategies. The Ferguson Hyams Multi-Strategy Fund was made available in mid-August and managed by Bermuda-registered Incu ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... and would also result in an increase in management fees from 0.95% to 1.40%. The proposal will also introduce a performance fee of 20% and a termination fee of $500,000 payable by CIE if the manager is terminated. He also argued the proposal provided ...

Tom Waterhouse now a fund manager

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
The horse racing scion is touting a managed fund that invests in gambling companies to wholesale investors. Waterhouse VCs gambling takes long-term stakes in listed and unlisted businesses related to gambling, focusing on three themes: dominant scale ...