Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 296 results for "Performance fees"

Platinum shareholders greenlight L1 Capital merger

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... Platinum founder Kerr Neilson will get 3%. The deal entitles Platinum shareholders to 100% of the management and any performance fees earned by L1 Capital, with the exception of certain performance fees generated by L1 Capital's Long Short funds ...

Platinum pushes for L1 Capital merger ahead of EGM

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
... proposal. In the latest announcement, L1 Capital has also confirmed that the total management fees and total performance fees across all its strategies exceeded $75 million and $90 million respectively in FY25. L1 Capital runs five strategies, the flagship ...

Platinum banks on merger positives amid dismal FY25 result

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... statutory net profit before tax was down more than 60% to $27.5 million. Platinum said it earned "negligible" performance fees for the year. In the year, Platinum saw retail net outflows of $3.16 billion and net institutional outflows of $2.38 billion. ...

Revolution private credit trust to launch on ASX

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... is BB+. REV targets a return of RBA cash rate + 4% p.a. net of fees. It charges a 0.95% management fee and no performance fees. Equity Trustees acts as the responsible entity. "The trust represents the natural evolution of our strategy and a significant ...

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... management revenue declined by 12% at $245.7 million due to a reduction in average management fee to 61bps and lower performance fees. The group's total AUM, however, grew 8.2% year on year to $39.6 billion, largely driven by investment market performance ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... inflows in Europe with $1.4 billion coming into the business. Net income for Fidante rose to $133.7 million, with performance fees up 57%, driven by strong performance across equity and fixed income managers. Fidante ended FY25 with $95.5 billion in ...

Regal assets hit $18bn

KARREN VERGARA  |  MONDAY, 28 JUL 2025
... basis from $35 million. Regals expects that normalised net profit after tax is to be at least $40 million. The performance fees earned were largely driven by Regal's global long-short equity strategies, including PM Capital's global equities strategy ...

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
... down due to the timing of investment-related income from asset realisations, partially offset by an increase in performance fees. MAM had $945.8 billion in assets under management (AUM) as at June 30. The private markets business had $389 billion in ...

Alternatives stable pushes Navigator assets higher

KARREN VERGARA  |  FRIDAY, 18 JUL 2025
... other," he explained. "That's very important, because that increases the resiliency and consistency of our performance fees and our investment performance, and generally the overall portfolio and how it holds up in moments of stress. "At the moment ...

BlackRock sets new AUM record

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
... (GIP) acquisition, as well as higher technology services and subscription revenue, partially offset by lower performance fees. "We surpassed the fundraising target for GIP's fifth flagship, raising US$25.2 billion and delivering the largest-ever ...