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Showing 261 - 270 of 461 results for "Performance fee"

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. ...

LIC fund reopens to investors

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... months reported positive returns. It pays quarterly distributions targeting a 5% income yield and charges a 12.5% performance fee. The fund manager's fee structure does not charge fees unless it makes a positive return and donates 10% of any performance ...

Contango swaps investment managers following AGM

ALEX BURKE  |  TUESDAY, 28 NOV 2017
... Company and NAOS Absolute Opportunities Company... [The change] will contain lower management fees, but with a performance fee for outperformance over the ASX Small Ordinaries Accumulation Index, with any underperformance needing to be recouped before ...

BTIM delivers record profit despite fee pressure

ALEX BURKE  |  WEDNESDAY, 8 NOV 2017
... BT Investment Management boosted its cash net profit after tax by 11% to $173.1 million, despite a 51% dip in performance fee earnings. The profit was mostly driven by strong net inflows of $4.7 billion; the boost in funds under management - up 14% to ...

Platinum expands North American footprint

KARREN VERGARA  |  FRIDAY, 20 OCT 2017
... under PIXX, and the Platinum Asia Fund (Quoted Managed Fund) trading under PAXX. PIXX invests in an underlying performance fee class of the $10 billion Platinum International Fund. PAXX invests in an underlying performance fee class of the $4 billion ...