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Showing 231 - 240 of 296 results for "Performance fees"

Challenger results prove annuity winner

ELISE BURGESS  |  MONDAY, 22 AUG 2011
... performance/transaction fees during the period. FUM growth and performance of boutiques partnerships increases the opportunity for performance fees," noted a web cast presentation accompanying the news. Retail annuity sales were a highlight, with new ...

Lonsec casts eye over fund fee structures

ALISON BEVEGE  |  FRIDAY, 29 JUL 2011
... outperformance, which was reasonable. Lonsec was pleased to see most managers using a high watermark to calculate performance fees, meaning they must earn claw back losses before being able to earn the fee. The ratings agency said it is supportive of ...

Consultant warns super funds on alternative rush

MATT WOODINGTON  |  FRIDAY, 15 JUL 2011
... quality listed managers in a form that is inefficient, unlisted, illiquid and opaque and with some very high performance fees." Condon acknowledged that this was an extreme example and sees alternatives as a sound investment as long as they are "genuinely ...

Advisers shape new unlisted property market

ELISE BURGESS  |  WEDNESDAY, 15 JUN 2011
... voting level required to remove Centuria Property Funds to 35 per cent of all units (down from 50 per cent), performance fees are only charged after investment costs are recovered and there is a minimum 10 per cent Internal Rate of Return (IRR) per annum ...

Macquarie Funds remove performance fee

MICHELLE BALTAZAR  |  TUESDAY, 1 MAR 2011
... changes to the fees charged by its International Infrastructure Securities fund, including the removal of the performance fees charged by the manager. "We have moved to simplify the fund by removing the performance fee, while leaving the management fee ...

Performance fees more popular: Morningstar

ALISON BEVEGE  |  THURSDAY, 24 FEB 2011
The lure of performance fees harks back to ancient Phoenician sea captains who kept a fifth of the profits from successful voyages, a piece of history invoked by Alfred Winslow Jones, inventor of hedge funds, when he took 20 per cent of the profits. ...

Pay performance fees only, says $220b fund

JOHN MCDULING  |  TUESDAY, 14 DEC 2010
While local funds and asset consultants continue to debate investment fee structures, one of the world's most influential pension funds is insisting that nearly all fees be incentive based - and other remuneration structures discarded. The board of ...

Frontier and JANA join forces to address fees

RUTH LIEW  |  FRIDAY, 26 NOV 2010
... addressing fee structures relating to investment mandates. These principles include the use and structure of performance fees, quantum of fees, the need for a better-aligned approach for illiquid assets and the treatment of costs and the process of fee ...

Aviva offers direct SMAs, model portfolios

MEDIA RELEASE  |  TUESDAY, 23 NOV 2010
... Dividend Builder portfolio and a 51.25 basis point management fee for the Core Opportunities portfolio. There are no performance fees. Andrew Peterson, head of retail, said the Aviva Investors Direct SMA is different in that it feeds directly into an ...

Fees on SG super should be cost-recovery: IPA

ALEX DUNNIN  |  WEDNESDAY, 17 NOV 2010
... RMIT said, "[fees should only apply] on out-performance of the market, not funds invested". Allowing only out-performance fees would cause a revolution in how the industry operated and fundamentally transform the industry's business model. But would ...