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Showing 291 - 300 of 461 results for "Performance fee"

BKI makes $4.2m acquisition

ALEX BURKE  |  TUESDAY, 11 OCT 2016
... 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 ...

BKI appoints external investment manager

ALEX BURKE  |  MONDAY, 26 SEP 2016
... 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 ...

Well-known stockbroker launches own SMAs

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2016
... which could gradually erode their capital." Both SMAs attract a 10% fee on outperformance, with Padley saying "The performance fee means we only make money if we make money for our investors, which is how it should be." The SMAs mark the first opportunity ...

New fund tapping into Indian equities

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2016
... benchmarked against the MSCI India Index in Australian dollars, with any outperformance of this attracting a 10% performance fee. India Avenue managing director Mugunthan Siva said that India's growth should appeal to Australian investors, with India's ...

Future Generation marks first year with strong performance

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
Future Generation Investment Company (FGX) and Future Generation Global Investment Company (FGG) have delivered their first full year results. FGX has reported a 28.6% lift in after-tax profit, jumping to $14.62 million from $11.37 million last year. ...

OneVue boss pleased with market position

MARK SMITH  |  MONDAY, 29 AUG 2016
... 2015. Though services revenue rose to $26.4 million from $22.2 million last year, this was offset by a fall in performance fee revenue from $3.2 million in 2015 to $282,000 this year. The fund services division saw revenue growth of 56% off the back ...

Hunter Hall delivers profit boost

ALEX BURKE  |  FRIDAY, 12 AUG 2016
Hunter Hall delivered an 86.8% boost in statutory after-tax profit to $7.8 million in the year to 30 June 2016. This was driven by major gains in investment income and performance fees - even if funds under management only increased slightly by 1.9% ...

K2 hurt by Brexit call

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
K2 Asset Management says investor confidence was "the only true fatality" coming out of the Brexit referendum and it is encouraging investors to ride out the ebbs and flows of equity markets. In releasing the firm's FY16 results, chairman Campbell Neal ...

Contango appoints new director

ALEX BURKE  |  TUESDAY, 2 AUG 2016
... five-year term with a management fee of 1.25% for the first $200 million and 1% beyond that. There will be no performance fee.

AMP Capital hits back at second LIM wind-up letter

ALEX BURKE  |  TUESDAY, 26 JUL 2016
... despite underperformance. The LIM letter explained: "Over its lifetime, AGF has underperformed its benchmark, and no performance fee has been paid. In 2015, there was a spectacular bull market followed by a crash in the Chinese A share market. AMP simply ...