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Showing 21 - 30 of 445 results for "Performance fee"

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
Challenger's Fidante Partners lost $11.4 billion in institutional client money in the last financial year with the majority of it exiting fixed income investments. The lion's share of $7 billion in net outflows left fixed income strategies while ...

WAM eyes Platinum LIC

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... of the company to have a focus on mid- large- and mega-cap companies in global markets. "The management fee and performance fee of the company under the new management agreement would be the same as the existing agreement with Platinum. Wilson Asset ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
... consistent benchmarks, funds are flying blind. It becomes difficult to assess whether a 2% management fee and a 20% performance fee are justified. Current benchmarks are woeful. They're often based on limited datasets from specialist vendors and ...

Regal assets hit $18bn

KARREN VERGARA  |  MONDAY, 28 JUL 2025
... included in the June AUM figures. Ahead of releasing its first half 2025 results, Regal revised its estimated performance fee revenue to at least $40 million on a pre-tax and on a normalised basis from $35 million. Regals expects that normalised net ...

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
Macquarie Group suffered its first strike against its remuneration report at the annual general meeting yesterday, with 25.4% of shareholders expressing their dissatisfaction. Macquarie Group chair Glenn Stevens told the meeting that senior leaders ...

Alternatives stable pushes Navigator assets higher

KARREN VERGARA  |  FRIDAY, 18 JUL 2025
Ongoing volatility continues to bolster Navigator Global Investments' (NGI) performance as its stable of active, alternative strategies saw assets under management (AUM) jump to US$86 billion at the end of June. While the global fundraising landscape ...

BlackRock sets new AUM record

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
BlackRock's assets under management have ballooned to a record US$12.5 trillion in June, jumping 18% over the last 12 months. BlackRock chief executive Larry Fink said the fund manager's sustained growth has been powered by its whole portfolio ...

Platinum, L1 merger to help fight 'organic business decline'

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Platinum's potential merger with L1 Capital - which saw the two parties enter a merger implementation deed earlier this week - may help save the business against ongoing decline but other hurdles remain, according to Morningstar equity analyst Shaun ...

GQG assets hit record high despite underperformance

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
GQG Partners' assets jumped $4 billion to reach a record high of US$172.4 billion for the 2025 financial year despite experiencing "short-term relative underperformance". "We have continued to position our portfolios defensively, and as a result ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... fees as a fixed proportion of assets under management will likely continue to be replaced by a low base fee and a performance fee based on the preset hurdle rate (59%)," the report read. Client centricity will likely lead to providing personalised portfolios ...