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Showing 271 - 280 of 461 results for "Performance fee"

Fees dominate super choice, RG97 falling short: ISA

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2017
Consumers prioritise fees and net returns when selecting a superannuation fund, an Industry Super Australia survey reveals. The poll, conducted in conjunction with UMR Research and based on 1000 respondents, found fees to be an "extremely important" ...

A hedge fund by any other name

ALEX BURKE  |  FRIDAY, 1 SEP 2017
... defining it as a complex strategy or structure that uses leverage, derivatives, potentially shorting, charges a performance fee and so on," he said. Based on ASIC's RG 240, a hedge fund is defined by the regulator as being either a product promoted as ...

Wealth arm projects Perpetual profit

EMMA RAPAPORT  |  FRIDAY, 25 AUG 2017
Perpetual announced net profits of $137 million, up 4% on FY16, driven in part by its wealth management arm. New client growth in target segments, as well as higher non-market related revenue and higher equity markets led to a before tax profit of $40.5 ...

Retail managed accounts option gains traction

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
... minimum amount of $20,000 receive no-fee Statements of Advice (SOAs) and will be charged based on a management and performance fee only. Depending on an investor's risk profile, options available include two model ETF portfolios, and three alternative ...

Annuity sales boost Challenger results

KARREN VERGARA  |  TUESDAY, 15 AUG 2017
Challenger's life segment continued to deliver in the 12 months to June as a result of the annuity provider diversifying its product range and expanding in to partnerships outside of Australia. The life business reported sales of $5 billion underpinned ...

Aussie hedge fund seeking $300m for retail IPO

ALEX BURKE  |  THURSDAY, 20 JUL 2017
A $1.1 billion Australian hedge fund manager with offices in Sydney and New York is looking to diversify its investor base with the launch of a listed investment company. VGI Partners is looking to raise $300 million, with a possible further $100 million ...

Fund manager sells all shares ahead of crash

ALEX BURKE  |  TUESDAY, 30 MAY 2017
A veteran fund manager is liquidating all unit trust assets and handing back mandates due to a "clear and present danger" in property and equity markets. Altair Asset Management chair and chief investment officer Philip Parker explained he had sold ...

Cuffe partners with EGP Capital

KARREN VERGARA  |  TUESDAY, 30 MAY 2017
... not be leveraged. Sydney-based EGP Capital charges zero management fees for any of its funds, but will charge a performance fee once a fund hits a certain benchmark. Since launching in 2011, it has delivered a 16.7% return per annum net of fees and outperformed ...

Fees at the innovation frontline

ALEX BURKE  |  MONDAY, 29 MAY 2017
... three years which is then reduced to 0.4% over the next two years, followed by an ongoing reduction to 0.35%. The performance fee is 10% of the net excess return above the MSCI Emerging Markets (Net) Index, with what Remerga chief investment officer ...

BTIM boosts FUM

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
... the benchmark over a three year period, while 95% delivered an outperformance over five years. Interestingly, performance fee revenue was slashed by 62.6% to $28 million on the prior corresponding period. The firm didn't provide further details but attributed ...