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Showing 211 - 220 of 296 results for "Performance fees"

Perpetual forecasts $18m benefit from Trust acquisition

LAURA MILLAN  |  FRIDAY, 27 FEB 2015
... from the prior period. "The solid result was driven by positive net flows of $1.6 billion in the half and higher performance fees," Perpetual said. The company reported that profit for its Corporate Trust was $14.3 million, up $3.3 million or 30% from ...

Centuria reports 6.6% growth in net assets

ALEX BURKE  |  FRIDAY, 20 FEB 2015
... million Centuria Metropolitan REIT, $37 million sale of Over Fifty Insurance Pty Ltd, and growth in sale and performance fees in the unlisted property funds division. "We have been working very hard to assemble a terrific team of executives with a very ...

Magellan doubles profit, consolidates global presence

LAURA MILLAN  |  FRIDAY, 20 FEB 2015
... chief executive and chief investment officer Hamish Douglass said that 55% of funds management revenue excluding performance fees was generated from Magellan's core retail business and 45% from its institutional business. Funds under management grew ...

Macquarie Funds Group rebrands, increases FUM by $30 billion

ALEX BURKE  |  WEDNESDAY, 18 FEB 2015
... contribution was down on both a strong December 2013 quarter and September 2014 quarter which benefited from significant performance fees in Macquarie Asset Management and the sale of OzForex," Macquarie Group chief executive and managing director Nicholas ...

Macquarie Group upgrades profit forecast for FY15

ALEX BURKE  |  TUESDAY, 20 JAN 2015
... this include the 6.5% Australian dollar depreciation since October, sales and trading volatility and increased performance fees from the group's managed funds, which went from $75 million to $373 million in the six months to September 2014. Chief executive ...

BTIM posts record profit

MARK SMITH  |  THURSDAY, 30 OCT 2014
... strong result to exceptional fund performance, strong growth in margins and excellent fund flows. "While standout performance fees were earned this year, I am particularly pleased with the continued growth in our funds under management and underlying ...

Prime Value Opportunities Fund added to BT Wrap

MARK SMITH  |  THURSDAY, 24 JUL 2014
... annum for the year to 30 June 2014 and a total return of 38.5% since inception (net of fees but not including performance fees). "The Opportunities Fund holds between 10 and 30 stocks on the ASX and aims to provide absolute returns over the medium term" ...

Star managers launch fund-of-funds in support of children's charities

MARK SMITH  |  FRIDAY, 11 JUL 2014
... investment vehicle while also helping to improve the lives of children at risk. Because there are no management and no performance fees, the Future Generation Investment Fund model delivers exceptional value to shareholders," the investment company's ...

ASIC warns fund managers to fix fee disclosure

MARK SMITH  |  TUESDAY, 8 JUL 2014
... being disclosed. It also found instances of incorrectly disclosing fees net of tax and inconsistent disclosure of performance fees. The report identified a need to provide further guidance from the regulator and raised the possibility for modifying the ...

Investors Mutual gets in on LIC act

MARK SMITH  |  MONDAY, 7 JUL 2014
... million. The fee may continue to fall as the fund achieves scale benefits, he added. QVE will not charge any performance fees to its investors. The strategy also has a 'Highly Recommended' rating from Lonsec and a 'Recommended' rating from Zenith. "We ...