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Showing 241 - 250 of 445 results for "Performance fee"

InvestSMART to launch active ETF

ALEX BURKE  |  MONDAY, 7 MAY 2018
InvestSMART will launch an initial public offering for an actively-managed equity income ETF on May 14. The InvestSMART Australian Equity Income Fund (managed fund), trading under the ticker code INIF, will mirror InvestSMART's Australian Equity Income ...

Macquarie platform, wrap businesses soar

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
Macquarie Group's platform, wrap and managed accounts businesses performed strongly in the full-year to 31 March 2018, latest financial results show. Macquarie Wrap and Vision held $82.5 billion in funds under management, jumping 14% from the previous ...

DigitalX launches crypto-heavy fund

KANIKA SOOD  |  WEDNESDAY, 11 APR 2018
... Capital has been appointed to administer the fund, drawing 2% of the fund's net asset value as annual fees and a performance fee. The crypto asset manager reported $10.3 million in net profit from consulting services for the six months ending 31 December ...

Prime Value appoints new portfolio manager

ALEX BURKE  |  TUESDAY, 3 APR 2018
A former portfolio manager at Contango Asset Management is taking on a new role at Prime Value Asset Management. Richard Ivers joins Prime Value's Australian equities team as a portfolio manager. He will also be responsible for managing Prime Value's ...

L1 Capital targets $500m for long short LIC

ALEX BURKE  |  TUESDAY, 6 MAR 2018
L1 Capital has opened the initial public offering for its Long Short Fund listed investment company (ASX:LSF), seeking to raise $500 million. The LIC derives its investment strategy from the unlisted Long Short Fund, which is closed to new investors ...

Hunter Hall veteran launches new business

ALEX BURKE  |  MONDAY, 5 MAR 2018
... also use an unusual fee structure whereby if performance is negative in any given financial year, half of the performance fee earned in the previous year will be refunded to investors. The annual management fee is 0.5%. Andaz will target institutions ...

Performance fees drive Janus Henderson post-merger revenues

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
Janus Henderson's pro-forma adjusted revenue increased by 11% in the 12 months to 31 December 2017, driven by investment performance and higher average assets under management. Janus Henderson said strong markets delivered a 9% average increase in AUM ...

Pacific Current sells stake in insto investment firm

ALEX BURKE  |  THURSDAY, 1 FEB 2018
Boutique multi-manager Pacific Current Group sold its stake in an institutional investment firm for $2.9 million, ending a nine-year partnership. Goodhart Partners, based in London, manages Japanese equity, global equity and emerging markets equity ...

2018 Financial Standard Investment Leadership Awards

JOHN DYALL  |  FRIDAY, 22 DEC 2017
The 2018 Financial Standard Investment Leadership Awards recognise investment strategies that showcase all the qualities investors are looking for in an investment manager in an evidence-based and transparent way. Investment leadership is not only about ...

Grant Samuel wins RE mandate

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
... change of RE, GSFM will offer unitholders a reduction in management and performance fees, and be amending the performance fee hurdle rate. Management fees for unitholders of ordinary units will reduce from 1.39% per annum to 1.35% per annum, GST-inclusive. ...