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Showing 181 - 190 of 296 results for "Performance fees"

Contango swaps investment managers following AGM

ALEX BURKE  |  TUESDAY, 28 NOV 2017
... over the ASX Small Ordinaries Accumulation Index, with any underperformance needing to be recouped before future performance fees are paid." Carroll said the new arrangement "will also reflect an investment strategy that the board considers to be more ...

Fees dominate super choice, RG97 falling short: ISA

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2017
... be sure," he added. Under RG97, a superfund must disclose all fees borne by the consumer, including annual and performance fees, and indirect costs in a simplified PDS no more than eight pages. A separate study commissioned by ISA found the new rules ...

Wealth arm projects Perpetual profit

EMMA RAPAPORT  |  FRIDAY, 25 AUG 2017
... "challenging 12 months" for active value investors, profits from Perpetual Investments were reduced, driven by lower performance fees and partially offset by higher average funds under management due to higher equity markets. In FY17, profit before tax ...

Annuity sales boost Challenger results

KARREN VERGARA  |  TUESDAY, 15 AUG 2017
... prior year. Net income rose 5% to $134 million thanks to higher average FUM-based fees, but was offset by lower performance fees. Excluding the impact of lower performance fees, net income was up 9%. Overall, the company's total assets under management ...

Aussie hedge fund seeking $300m for retail IPO

ALEX BURKE  |  THURSDAY, 20 JUL 2017
... that his firm will absorb most of VG1's ongoing operating costs; and all partners will commit to reinvesting performance fees into VG1 shares. VGI Partners executive chair David Jones said: "In structuring the relationship between the company and VGI ...

Fund manager sells all shares ahead of crash

ALEX BURKE  |  TUESDAY, 30 MAY 2017
... beaten the relevant benchmarks since inception, and I did not take this decision to give up our management and performance fees lightly of course. Lack of upside in our models of course leaves an active manager little alternatives but to hand back cash ...

K2 slashes fees for three funds

ALEX BURKE  |  THURSDAY, 11 MAY 2017
... round of fee reductions from Vanguard and Platinum Asset Management, K2 Asset Management will cut management and performance fees for three of its managed funds. For the K2 Australian Fund, the management fee will fall from 1.54% to 1.31%. The K2 Select ...

BetaShares launches small-cap fund

KARREN VERGARA  |  MONDAY, 1 MAY 2017
... outperform the S&P/ASX Small Ordinaries benchmark. The fund "breaks new ground" by charging 0.39% per annum (excluding performance fees) in management fees compared to the average small-cap management fee of 1.8% per annum, according to BetaShares. BetaShares ...

Future Generation to donate $6.8m

KARREN VERGARA  |  TUESDAY, 28 FEB 2017
... to the skill and generosity of the companies' fund managers. "Our 19 fund managers forgo both management and performance fees, allowing the Future Generation companies to donate 1% of assets each year," Wilson said. According to its half-year results ...

Hunter Hall profit sinks as third investor enters the fray

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
... million reported in the prior corresponding period. Hunter Hall attributed this to the company not earning any performance fees or realising any gains on its investment portfolio over the period. Hunter Hall chair Kevin Eley said that despite the fall ...