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Showing 21 - 30 of 240 results for "Performance fees"

Regal reports FUM loss

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
... accelerate the FUM and growth profile of the strategy. The initial drawdown is expected to occur in 1Q 2023. As for performance fees, Regal said it will recognise about $14 million in pre-tax revenue for the six months to December 31, 2022. It previously ...

Magellan reports $2.6bn net outflows

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
... figure will be reflected in the funds' FUM and performance fee update for next month. Magellan also said that performance fees for the six months ended 31 December 2022 are not meaningful. "Performance fees (if any) may fluctuate significantly form period ...

Pinnacle's performance fee revenue could plummet

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
Pinnacle Investment Management Group (Pinnacle) expects its net share of performance fees to be potentially less than $1 million, down from $6.4 million in the corresponding period ending 31 December 2021. In an ASX announcement, Pinnacle said several ...

Bahamian firm joins Future Gen portfolio

CHLOE WALKER  |  MONDAY, 28 NOV 2022
... investors for several years. As part of the new deal, Holowesko has also committed to rebate its usual management and performance fees in support of Future Generation's commitment to invest 1% of net assets in its social investment partners who are focused ...

GQG Partners net revenue jumps 21.3%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... first half of 2021." "Furthermore, less than 3% of our revenues for the first half of this year were derived from performance fees, as opposed to asset-based fees, which we believe will be more stable in periods of market volatility. In addition, although ...

ORAH Funds reaches milestone

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
... Management, L1 Capital, Macquarie Gorup, Wentworth Williamson Management and Yarra Capital. All management and performance fees made by the fund are donated to Jewish charities. Community Health Services, Maccabi NSW, Courage to Care NSW, and Jewish ...

Magellan FUM drops again

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
... Magellan said its funds will pay about $0.4 billion in July. Meanwhile, the group said it is entitled to estimated performance fees of $11 million for the financial year just gone. This latest drop in FUM follows long serving distribution lead Frank ...

SCA buys Centuria shopping centre portfolio

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... convenience-based retail specialist in Australia. For Centuria, the divestments will generate about $5.7 million in performance fees. The sale price represented a 24% premium to book value. "These daily needs retail neighbourhood shopping centres have ...

LGIAsuper reduces fees, adds indexed option

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
... options have increased. "The increases are a result of changes in asset allocation on some options as well as performance fees paid to investment managers, primarily in the real assets portfolio which includes assets such as Property and Infrastructure ...

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... digital infrastructure firm. The buyer will pay $462 million upfront, $57 million of retained future carry and performance fees, and an additional amount up to $180 million contingent on future fund raisings. It includes international infrastructure ...