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Showing 251 - 260 of 296 results for "Performance fees"

130/30 strategies slammed for high fees

MICHAEL HOBBS  |  WEDNESDAY, 27 JAN 2010
... found some managers are charging excessively high fees for minimal performance. "Some sector offerings applied performance fees for simply outperforming the benchmark and some did not apply perpetual high water marks," said Chris Bigg, from van Eyk. ...

Frontier takes tough stance against asset-based fees

MICHELLE BALTAZAR  |  MONDAY, 26 OCT 2009
... reviewed annually). Ultimately, the industry needs a fee model that abolishes short-termism, driven by ill-designed performance fees or three-month, one-year and five-year performance benchmarks, when pension funds manage money over decades, said the ...

High fees barrier to infrastructure mandates

RUTH LIEW  |  WEDNESDAY, 21 OCT 2009
... managed vehicles versus "pure" listed infrastructure funds, for example. "You've got additional fees and the performance fees are higher... there's a big difference in fees between those and say infrastructure funds like ours, Lazard or Magellan," said ...

Europe fails at fee disclosure

RUTH LIEW  |  FRIDAY, 2 OCT 2009
... context, [it's about] trying to include all those costs, the difficulties that that could have - but also linking performance fees based on objectives, rather than outperformance of say the market benchmark," said Claire Keating, partner, financial services ...

Fortitude to launch Aus equity income fund

MICHELLE BALTAZAR  |  WEDNESDAY, 30 SEP 2009
... listed stocks. The fund is a hybrid of sorts, with portfolio income to be distributed twice a year with bi-annual performance fees subject to a performance hurdle.

Protection without commission: JB Global

RUTH LIEW  |  FRIDAY, 4 SEP 2009
... "no commission" stance to heart and axed trail and built-in commission in all its products - relying instead on performance fees to remunerate advisers. Justin Beeton, managing director of the Sydney headquartered investment firm, cut trail and built-in ...

Trust in escrow

MICHELLE BALTAZAR  |  MONDAY, 31 AUG 2009
... receivables are accurate." In the US, J.P. Morgan has provided escrow solutions for pension funds that have set aside performance fees in escrow subject to the fund manager meeting targets and in another case, a capital call escrow on behalf of ERISA ...

AMP FP to move to fee-for-service by June 2010

MICHAEL HOBBS  |  THURSDAY, 20 AUG 2009
... and internal management fees were $74 million. Total management fees fell by 12 per cent to $170 million while performance fees were $13 million, less than a third of the $47 million achieved in the first half of 2008.

Macq Airport buys management rights

COMPANY RELEASE  |  FRIDAY, 24 JUL 2009
... base management fees have averaged $44 million per annum in the six and a half years to June 2009. In addition, performance fees of around $250 million have been paid during that time frame. If this process is approved, Macquarie Airports will earn $1.6 ...

BlueMountain to post record returns

MICHELLE BALTAZAR  |  WEDNESDAY, 24 JUN 2009
... crucial not just to show investors that they can deliver but also because it means the fund will start earning performance fees again. "A lot of people in the credit space may take years to get back to their high watermarks to begin accruing those performance ...