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Showing 171 - 180 of 296 results for "Performance fees"

Pendal sees 70% boost in performance fees

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... heralded a 70% boost in performance fee revenue in the six months to March 31. This represents $47.6 million in performance fees, along with an 18% boost in base management fee revenue to $247.9 million - largely driven by a 14% increase in average funds ...

InvestSMART to launch active ETF

ALEX BURKE  |  MONDAY, 7 MAY 2018
... environment, risks in the sector are also on the increase." The fund will have fees of 0.97%, with no additional performance fees. "While the priority of the fund is delivering income, the portfolio is constructed in such a way as to allow investor to ...

Macquarie platform, wrap businesses soar

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
... the group's performance. Macquarie Asset Management delivered a net profit $1.7 billion, up 10% year-on-year. Performance fees earned more than doubled to $595 million thanks to the Macquarie European Infrastructure Fund III (MEIF3), Macquarie Atlas ...

Prime Value appoints new portfolio manager

ALEX BURKE  |  TUESDAY, 3 APR 2018
... capitalisation of less than $500 million. It has returned 14.6% since inception in October 2015, net of fees (except performance fees). Ivers spent two years at Contango, prior to which he worked in consulting roles. He was also a portfolio manager at ...

L1 Capital targets $500m for long short LIC

ALEX BURKE  |  TUESDAY, 6 MAR 2018
... of the IPO are that costs will be reimbursed by L1; L1 will cover most ongoing operating costs; all after-tax performance fees will be reinvested in the LIC with a voluntary 10-year escrow from the IPO date; and L1's investment team will invest more ...

Performance fees drive Janus Henderson post-merger revenues

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
... a US$107.5 million improvement in pro-forma management fees year-on-year and a US$66.5 million improvement in performance fees. As at December 31, 67% of the group's equities, 98% of its fixed income, 87% of its quantitative equities assets, and 89% ...

Pacific Current sells stake in insto investment firm

ALEX BURKE  |  THURSDAY, 1 FEB 2018
... of the transaction, Pacific Current will receive £1.68 million ($2.9 million) and will be entitled to certain performance fees until 31 March 2019. The stake has been sold to Goodhart founders Alan Bartlett and Peter Taylor, along with other members ...

2018 Financial Standard Investment Leadership Awards

JOHN DYALL  |  FRIDAY, 22 DEC 2017
... higher fee revenue. If their thesis is incorrect, client portfolios will underperform but clients won't be paying performance fees. Concentrated portfolios are meanwhile prominent in performance tables because of the extra active risk they are taking ...

Grant Samuel wins RE mandate

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
... McIntyre added that as a result of the change of RE, GSFM will offer unitholders a reduction in management and performance fees, and be amending the performance fee hurdle rate. Management fees for unitholders of ordinary units will reduce from 1.39% ...

LIC fund reopens to investors

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... The fund manager's fee structure does not charge fees unless it makes a positive return and donates 10% of any performance fees it receives to charity. Wilson said while the fund is still quite small, it opens infrequently to new investors. "Contrary ...