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Showing 251 - 260 of 461 results for "Performance fee"

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 ...

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 ...