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Showing 311 - 320 of 461 results for "Performance fee"

ETF revenue doubling every 18 months

JOHN DYALL  |  WEDNESDAY, 17 FEB 2016
... Magellan unit trusts, so it already has a high level of brand awareness. It charges an active fee of 1.35%pa plus a performance fee. Since its launch the fund has had net inflows of $419 million and earned around $3.2 million in management fees for Magellan ...

Macquarie reports annuity business profit dips

ALEX BURKE  |  THURSDAY, 4 FEB 2016
Macquarie has announced its results for the December 2015 quarter, revealing a net decrease in profit for its annuity-style businesses and an increase in its capital markets-facing businesses. Specifically, Macquarie Asset Management, Corporate and ...

Hunter Hall chief executive stands down

MARK SMITH  |  WEDNESDAY, 20 JAN 2016
Hunter Hall International chief executive and managing director David Deverall has resigned from his role. In an announcement on the Australian Securities Exchange, the funds management firm said Deverall will stand down from the Hunter Hall board of ...

Magellan top earning ETP

JOHN DYALL  |  WEDNESDAY, 16 DEC 2015
... billion in the unit trust world, however. It also has one of the highest fees around at 1.35% per annum with a performance fee on top of that. The fund is one of a new class of exchange traded managed funds which are currently being pursued by fund managers ...

Pinebridge absolute return fund rated by Zenith

MARK SMITH  |  TUESDAY, 1 DEC 2015
The PineBridge Global Dynamic Absolute Return Fund has been awarded a 'recommended' rating by Zenith Investment Partners in the research house's '2015 Multi-Asset, Real Return' sector review. This follows an 'Investment Grade' rating from Lonsec Research ...

Westpac profit boosted by BTIM sale

ALEX BURKE  |  MONDAY, 2 NOV 2015
Westpac increased net profit by 6% to $8 billion over FY2015, driven largely by its partial sale of BT Investment Management. In its full-year results, the bank reported "a number of significant infrequent items that in aggregate increased net profit" ...

Global strategy drives BTIM results

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
BT Investment Management reported a record result for the year to 30 September 2015, with the manager's US equity funds attracting strong inflows. BTIM confirmed a cash net profit after tax (NPAT) of $132.5 million for the year, and a statutory NPAT ...

QSuper investment philosophy revealed

DARREN SNYDER  |  THURSDAY, 24 SEP 2015
The investment philosophy at QSuper is being continually debated but the fund's strategy has performed "as hoped for", producing stable returns despite random outcomes of markets. QSuper repositioned its investment strategy over the past six years post ...

Below benchmark performance hurts Platinum

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
... 2015, the MLC Platinum Global Fund saw outflows of $187 million over the year. Management fee mandates, 'relative' performance fee mandates and 'absolute' performance fee mandates also suffered from performance. In a letter included in the results, managing ...

Macquarie awarded $2bn in mandates

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
Macquarie Investment Management (MIM) was awarded over $2 billion in new institutional mandates during the three months to 30 June 2015. The mandates were awarded across ten strategies in six different countries, Macquarie said during the annual general ...