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Showing 231 - 240 of 445 results for "Performance fee"

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... wholesale expertise. ARCO's funds have a capacity of $650 million. They charge 1% in management fee and 20% in performance fee. Since the September, 2008 inception, ARCO Absolute Trust has returned 8% to the market's 7.1%. The fund's volatility ...

ASIC unveils RG97 review

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
ASIC has welcomed an independent report proposing 34 changes to fee transparency for superannuation funds and managed investments under Regulatory Guide 97. The report, prepared by managed investments and super regulation veteran Darren McShane, engaged ...

Pendal Group appoints director

KANIKA SOOD  |  MONDAY, 2 JUL 2018
... May, Pendal Group reported a 30% increase in its net profit the previous year, totalling $114 million. It said performance fee revenues jumped 70% in the six months to March 31. With today's appointment, Pendal Group's six-person board includes: Andrew ...

Aussie fund manager drops fees

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
... Cap Fund dropped from 2.05% to 1.31%. Performance fees for the three funds went from 20.5% to 15.38%, and the performance fee hurdle rate for the international and small cap funds increased to 6% per annum. K2 told the ASX at the time: "Our approach ...

Blue Sky denies private equity selloff

ALEX BURKE  |  THURSDAY, 7 JUN 2018
Shortly after announcing its domestic retail hedge fund would be wound up, Blue Sky assured investors it has no intention of selling its private equity business. KPMG is currently conducting an independent review of all Blue Sky-managed assets, although ...

Former Macquarie equities team launches boutique

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
... trust structure fund is benchmarked against the S&P/ASX 200 Accumulation Index. Management fees are 0.95% and performance fee are 15% of the fund's excess return, net of the management fees. Hodgens, Henricks and Miller are acting as the portfolio ...

Perennial cuts fees for defensive LIC, revises investment strategy

ALEX BURKE  |  TUESDAY, 22 MAY 2018
... shareholder expectations and that WDE will be exposed to market timing calls. Perennial is currently entitled to a performance fee of 15% of WDE's relative net return (benchmarked to the ASX 300 Accumulation Index). This will be amended such that ...

Thematic SMAs on the rise

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
A thematic international investment house partnered with a $110 billion platform to provide access to several separately managed accounts. Praemium has added three themed global share portfolios from Macrovue; the Macroevue Car of the Future Concentrated ...

Blue Sky revaluation sees asset prices drop

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
Blue Sky Alternative Investments has completed an independent revaluation for 25% of its fee-earning assets under management, and it is expected to reduce FY18 net profit after tax by $7 million. The first phase of Blue Sky's total portfolio revaluation ...

Pendal sees 70% boost in performance fees

ALEX BURKE  |  THURSDAY, 10 MAY 2018
Pendal Group, formerly BT Investment Management, 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 ...