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Showing 181 - 190 of 445 results for "Performance fee"

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
Pinnacle Investment Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million. PNI this morning reported ...

Garry Laurence to depart Perpetual

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
Perpetual Investment Management is handing over Garry Laurence-led global shares strategies to the investors at its US acquisition Barrow Hanley. The funds include Perpetual Global Shares Fund and Perpetual International Share Fund. Its internal global ...

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
A subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...

CFS drops fees on external fund

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
A UK systematic manager has dropped the fees on a managed futures fund for Australian investors distributed by Colonial First State. The Aspect Diversified Futures Fund (class A), which had $614 million in total assets at June end, was reduced from ...

Schroders readies private assets offering

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
The global manager's Australian business has launched a private equity fund for sophisticated investors, with a private debt fund launch chalked in for the second half of the year. The Schroders Specialist Private Equity Fund (SSPEF) is an Australian-domiciled ...

New fund launches on ASX

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... risk, with an investment period of at least five years. Investors will pay a 1.25% per annum management fee, and a performance fee of 20% of the outperformance in any performance fee calculation period. The fund is seeking to deliver a target distribution ...

UBS Australia launches new CBRE fund

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... aims to have about 55% in infrastructure and 45% in real estate. The fees are 1.2% per year in base fee and a performance fee of 20% on the performance above a hurdle of RBA cash rate plus 5% after fees. The fund will be priced daily but have monthly ...

Global manager rolls out local access to alternatives fund

HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
... equities among others. It charges investors a management fee of 0.90% p.a., with 0.17% p.a. in indirect costs and a performance fee of 20% of the amount of outperformance of the current day net asset value relative to the prior day NAV above the Bloomberg ...

Collapse of REITs spells opportunity: SG Hiscock

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Despite Australia's real estate investment trusts dropping 49% during the COVID-19 sell-off, boutique fund manager SG Hiscock believes now is an opportune time to increase exposures to real estate. Now trading up 45% since their March 23 lows, SG Hiscock ...

Pendal's product pipeline for 2020

KANIKA SOOD  |  MONDAY, 11 MAY 2020
Pendal Group's seed capital spending for new funds was about 16% lower in the year ending March but the ASX-listed manager has fresh products in the works. At March end, Pendal had $199.7 million in total seed capital investments across 14 funds, down ...