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Showing 161 - 170 of 296 results for "Performance fees"

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... which will be know be called the 'fees and costs summary.' ASIC is targeting stronger transparency around performance fees in which super funds and managed investment schemes should provide how it is calculated. As for periodic statements issued ...

Pinnacle drops fees in Blue Sky fund bid

KANIKA SOOD  |  MONDAY, 5 NOV 2018
Pinnacle has knocked off performance fees from its bid to manage the Blue Sky Alternatives Access Fund, bringing it in line with Wilson Asset Management's bid, according to LIC's directors. The two managers have put in proposals to gain the ...

Analysts await next Magellan move

KANIKA SOOD  |  TUESDAY, 9 OCT 2018
... note dated October 4 that did not speak directly to the management changes. "With solid flow momentum and 1H19 performance fees tracking ahead of UBS, MFG remains our top wealth management pick," UBS said. UBS has retained MFG's target price at $ ...

Perpetual reports $140m profit, investments business dips

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
... million, as the business' operating expenses increased. However, the increased costs were partially offset by higher performance fees, and the company maintained its market share in Australian equities during the year, the company said. "Market conditions ...

Magellan funds record $331m profit

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... topped last year's profits by 33% as Hamish Douglass' stable of well-performing funds continued to collect performance fees and new investor money. Magellan's funds management business now has $59 billion funds under management - up 29% over ...

ASIC unveils RG97 review

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... property operating costs; borrowing costs; transactional and implicit costs, and that performance-related and performance fees should be disclosed and calculated. With respect to performance fees, the report recommended whether these, as a component ...

Aussie fund manager drops fees

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
... the past year. From 2 July 2018, the K2 Asian Fund will charge a management fee of 1.36% as opposed to 1.54%. Performance fees will also drop from 20.5% to 15.38%. K2 flagged its 2019 financial year profits may be affected as a result of this change ...

Blue Sky denies private equity selloff

ALEX BURKE  |  THURSDAY, 7 JUN 2018
... Corinda, Brisbane. The asset manager said the revaluations included 12 of 28 assets in which Blue Sky had accrued performance fees at 31 December 2017. "As a result of the above reviews, certain SAC assets and private equity assets have reduced in value. ...

Thematic SMAs on the rise

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
... three SMAs are available via Praemium and incur an investment management of 80 basis points. They are free from performance fees. "Thematic portfolios are becoming more and more important for advisers to consider when thinking about a client's overall ...

Blue Sky revaluation sees asset prices drop

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
... Corinda, Brisbane. The asset manager said the revaluations included 12 of 28 assets in which Blue Sky had accrued performance fees at 31 December 2017. "As a result of the above reviews, certain SAC assets and private equity assets have reduced in value. ...