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Showing 211 - 220 of 461 results for "Performance fee"

YouTube fundie name erased from flagship

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... rate of 1.0% per annum on market capitalisation up to £600 million and 0.8% per annum thereafter. There is no performance fee payable until 31 December 2022, at which point Schroders will be eligible to a fee of 15% of any excess returns above a NAV ...

Pinnacle buys stake in Coolabah

KANIKA SOOD  |  THURSDAY, 12 DEC 2019
Pinnacle Investment Management has bought a 25% stake in Christopher Joye's credit boutique in a transaction that values it north of $116 million. Pinnacle is paying $29.1 million for the interest. An extra $5 million is subject to the Coolabah ...

Retail fund swaps out K2

KANIKA SOOD  |  MONDAY, 25 NOV 2019
A $47 billion retail superannuation fund has dropped a K2 Asset Management Aussie equities fund for another manager's offering. The K2 Australian Absolute Return Fund managed $46.8 million on behalf of AMP Superannuation Trust and other AMP clients ...

Macquarie wealth fees income down 14%

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... the net profit for the half, swelling 32% from $850 million in the same period last year. This was led by higher performance fee from MIRA-managed funds and co-investors, and increased base fees primarily driven by foreign exchange movements and investments ...

Colonial First State launches new fund

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
Colonial First State has expanded its partnership with Scottish manager Baillie Gifford, launching a stewardship-focused fund for Australian investors. Baillie Gifford Global Stewardship Fund will invest in 70 to 100 global stocks, picked with stewardship ...

How much Future Fund spends in fees

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Australia's sovereign wealth fund returned a stellar 11.5% in the year to June, but how much did it spend on fees? In its annual report published this week, the Future Fund reported it had a "direct ratio cost" of 0.203% and "look-through costs" ...

Regal teams up for new fund

KANIKA SOOD  |  MONDAY, 30 SEP 2019
Phil King's Regal Funds Management has teamed up with Gresham, and the two are raising for a new fund that will invest in royalties from Australian resources assets. The Gresham Resources Royalties Fund (GRRF) has raised $85 million so far and has ...

Global manager pushes Australian expansion

ELIZA BAVIN  |  MONDAY, 30 SEP 2019
A US-listed investment manager has launched an Unlisted Private Assets Fund in Australia, with a goal of raising $500 million. The fund is targeting credit, equity, secondary and opportunistic investment types. The company said Australia is a typical ...

Vanguard appoints operation risk lead

KANIKA SOOD  |  THURSDAY, 12 SEP 2019
... managed by Wellington Management. It will hold over 100 emerging markets shares with a 0.88% p.a. fee and similar performance fee structure to the above fund. It also hired a PM Capital sales director to lead its distribution efforts in Queensland

Vanguard launches three new active funds

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
... managed by Wellington Management. It will hold over 100 emerging markets shares with a 0.88% p.a. fee and similar performance fee structure to the above fund. Both funds are available as wholesale, unlisted unit trusts. They opened to investors today. ...