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Showing 281 - 290 of 332 results for "Underperformance"

AXA departs AllianceBernstein JV

MATT WOODINGTON  |  MONDAY, 28 MAR 2011
... 2010. Investment growth inflows were down 26 per cent to $2.82 billion with part of the blame apportioned to the underperformance of AllianceBernstein. Last week AMP agreed to pay AXA Asia Pacific Holdings shareholders $6.43 per share to take over the ...

Alphinity grows new business

ALISON BEVEGE  |  MONDAY, 28 FEB 2011
... companies." Alphinity Concentrated's solid returns come as a relief for unit holders who suffered a period of underperformance under Challenger Select. When the new team took over the performance fee high watermark was reset. According to Rainmaker research ...

Performance fees more popular: Morningstar

ALISON BEVEGE  |  THURSDAY, 24 FEB 2011
... points. High water marks were also an important safeguard. Funds with high watermarks must recover from previous underperformance against the benchmark before being able to charge extra. Some funds reset their high watermarks periodically, which Morningstar ...

Lift the bar on default funds: ISN

RUTH LIEW  |  WEDNESDAY, 15 DEC 2010
... due to on-going consumer disengagement and low levels of switching. "The most efficient way to address systemic underperformance is to strengthen arrangements for setting workplace defaults, and have adequate protections to ensure workers' accounts are ...

ASX200 to hit 5,600: forecast

JOHN MCDULING  |  THURSDAY, 2 DEC 2010
... early 2009" he said. Cassidy said the rising Aussie dollar was a significant factor behind the local market's underperformance relative to other locations this year, as it dragged down corporate earnings. But he believes the RBA will remain on hold until ...

Fund manager challenges 'avoid' rating

RUTH LIEW  |  THURSDAY, 18 NOV 2010
... disappointing for existing unitholders, who are far from recovering from the substantial losses and appalling underperformance of 2008." A Challenger spokesperson however pointed out that Alphinity was not fully owned by Challenger. "Alphinity is not ...

The hidden costs hurting returns

JOHN MCDULING  |  FRIDAY, 29 OCT 2010
... attack, while performance fees have also been criticised because sometimes they don't prevent negative returns and underperformance over longer timeframes being rewarded. Another standard complaint, particularly relevant for an Australian equities portfolio ...

Former planner pushes for cruelty free super

ELISE BURGESS  |  WEDNESDAY, 13 OCT 2010
... who has been running one of the best performing UK equity funds for the past 15 years and it is vegan." "The underperformance will be bound to bad management, not ethical values." The fund has an annual management fee of 2 per cent on total assets, which ...

Fixed income prone to emotion-led choices

ELISE BURGESS  |  MONDAY, 6 SEP 2010
... focused on highly-rated securities and government bonds rather than credit. "While they may have experienced some underperformance in the short-term as credit continued to run, in the long-term, the strategy paid off," he said. As of July 30, Tyndall/Suncorp ...

Time to lift operational reserves: Mercer

ALEX DUNNIN  |  WEDNESDAY, 11 AUG 2010
... preferred figure already averages about 0.6 per cent. This amount does not include any reserving for investment underperformance or smoothing. In another thorn in the side of boutique super funds, Mercer said smaller funds should put even more aside. ...