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Showing 281 - 290 of 461 results for "Performance fee"

K2 slashes fees for three funds

ALEX BURKE  |  THURSDAY, 11 MAY 2017
... Fund will drop from 2.05% to 1.31%. Performance fees for the three funds will go from 20.5% to 15.38%, and the performance fee hurdle rate for the international and small cap funds will increase to 6% per annum. The above changes will all come into effect ...

BetaShares launches small-cap fund

KARREN VERGARA  |  MONDAY, 1 MAY 2017
BetaShares has launched a small-cap fund that charges a management fee well below the industry average. The ASX-listed Australian Small Companies Select Fund (SMLL) aims to provide investors with capital growth and income by investing in small listed ...

Platinum slashes fees ahead of ETMF launch

ALEX BURKE  |  FRIDAY, 28 APR 2017
... "feeder funds" into the unlisted Platinum International Fund and Platinum Asia Fund. They will both use the updated performance fee structure. "Backed by their strong long-term absolute returns, Platinum's international and Asian equity strategies have ...

PM Capital LIC director resigns

ALEX BURKE  |  TUESDAY, 21 MAR 2017
... decision came about as a means of preserving the company's low management expense ratio; Contact will not charge a performance fee to BKI. BKI explained further: "Millner and Culbert have surrendered all outstanding BKI incentive plan rights, both long-term ...

Folkestone winds up fund

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
... $43.5 million, making a 25.6% premium on its acquisition price from April 2014. Folkestone expects to receive a performance fee of about $800,000 in June 2017 when the limited retention period associated with the asset sale expires and the fund is wound ...

Emerging markets investment grows with new fund

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2017
... structure reflects the firm's desire to offer value for money, with fees starting at 45 basis points (plus a 10% performance fee for returns in excess of the benchmark) in the first year and declining in following years.

Future Generation to donate $6.8m

KARREN VERGARA  |  TUESDAY, 28 FEB 2017
Future Generation Investment Company is on track donate $6.82 million to charities despite reporting a large drop in revenue and profit. Future Generation will deliver a significant donation in October to charities with a focus on children at risk and ...

Magellan COO departs for family office job

ALEX BURKE  |  FRIDAY, 17 FEB 2017
... 15% to $150.2 million as a result of an 11% increase in management fees offset by a $39.2 million decrease in performance fee revenues. Expenses also increased by 7% to $39.7 million over the half-year, largely because of new hires - corresponding with ...

Hunter Hall profit sinks as third investor enters the fray

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
Hunter Hall reported a 68% drop in statutory profit at the same time Pinnacle leapfrogged Washington H. Soul Pattinson's takeover bid and a third investor declared its intention to buy 20% of the company. John Bridgeman Limited (JBL), acting as investment ...

Hedge fund goes retail with performance-only fee structure

ALEX BURKE  |  THURSDAY, 17 NOV 2016
... great job of rewarding themselves but largely at the expense of their investors. If we're content to charge a performance fee for good performance then we should be prepared to forego one altogether if our performance is sub-par. "To do otherwise is ...