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Showing 11 - 20 of 4526 results for "fees"

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... year, and it will be taxed according to an individual's most recent income, as well as payment of any administration fees. President Cyril Ramaphosa said this new system will help spur South Africa's economic growth and will at the same time ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... to ensure the pricing and coverage offered to members is competitive. NGS Super also reviewed and updated its investment fees and costs. The investment fee for its default option will reduce from 0.84% to 0.83% from October 1. Most other investment options ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... added the growth in the advice business was organic as adviser income was supported by the move from commissions to annual fees, increase of clients per adviser, and need for advice increasing in the IFA space. During the period, Sequoia acquired Castle ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... gains. 360 Capital chief executive James Storey said the group is "now a sustainable business that is not reliant on one-off fees and with its track record of investing through the cycles and strong balance sheet" and that "it is ready to take advantage ...

HMC Capital sees earnings soar 57%

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
HMC Capital has reported a 57% jump in earnings compared to FY23 to $129 million thanks to recurring management fees, investment gains and performance fees. Over the past 12 months HMC established three new platforms in private credit, energy transition ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... Consequently, funds from operations grew by $30 million. The acquisition also delivered about $28 million in performance fees, but was partly offset by the impact of divestments, valuation declines and a lower contribution from development milestone ...

MLC Asset Management names director of institutional distribution

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
... co-investments alongside private equity general partners, shooting for a 15% per annum internal rate, pre-tax and post management fees.

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... diversified investments that seek to track established market indices. Indexed Growth is priced at 0.05% per annum, investment fees and costs for the Indexed Conservative Balanced option are estimated to be 0.07%, while Indexed Capital Stable will be ...

GQG's FUM rockets to record US$155.6bn

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
... long-term outperformance," he said. The company's net revenue rose to US$363.1 million, up 53.1%, primarily driven by management fees, which account for 95% of total revenue. It also charges a performance fee for some clients, payable on surpassing certain ...

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... acquisition will immediately contribute to profits, as well as preferred dividends in FY25 and FY26 and potential performance fees. Under the deal, Magellan will distribute Vinva's Australian and global shares products and strategies around the world ...