Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 391 - 400 of 461 results for "Performance fee"

Man Group buys $27bn alternatives manager

PRESS RELEASE  |  MONDAY, 24 MAY 2010
... Man's quantitative investment styles have a low correlation, which provides greater stability in the combined performance fee prospects. Private investors account for 60 per cent of Man's business with the remaining 40 per cent attributed to institutional ...

Westscheme drops GMO and BlackRock

MICHAEL HOBBS  |  FRIDAY, 9 APR 2010
... WA-based super fund negotiated with Schroders a fee structure comprised of a moderate base fee and a significant performance fee component. This mandate shake-up follows a review of the emerging market sector and a complete listed asset review that found ...

Boutique small cap backer fills bank funding gap

MICHAEL HOBBS  |  WEDNESDAY, 7 APR 2010
The credit crisis has proved a boon in business for one local investment house that is taking significant minority shareholdings in micro-cap stocks to gain double-digit returns for investors. Peter Hynd, investment director at Co-Investor Capital Partners ...

130/30 strategies slammed for high fees

MICHAEL HOBBS  |  WEDNESDAY, 27 JAN 2010
... managers the firm had researched do not have high water marks. "If they lose $20 from $100 then they don't get there performance fee but if in the next year they gain $20 it looks like a strong return [and they may get a performance fee]. This process ...

Solaris performance fee option wins $1bn from instos

MICHAEL HOBBS  |  FRIDAY, 6 NOV 2009
... that Frontier's proposed flat dollar fee model has massive insto appeal. The Solaris Core Australian Equity fund (Performance Fee Option) has a fee structure where investors pay an administration fee of 0.1 per cent of FUM and a 30 per cent performance ...

Frontier takes tough stance against asset-based fees

MICHELLE BALTAZAR  |  MONDAY, 26 OCT 2009
Asset consultant Frontier, which has $91 billion in funds under advice, has sent a letter last week to all the external fund managers of its super fund clients to consider charging flat dollar fees, instead of asset-based fees, on their investment mandates. ...

High fees barrier to infrastructure mandates

RUTH LIEW  |  WEDNESDAY, 21 OCT 2009
... cent. The hurdle rate should rather reflect the particular investment strategy and ensure the manager only earns a performance fee if they genuinely add value, argues the consultant. Matthew Dell, head of retail distribution at global listed infrastructure ...

Europe fails at fee disclosure

RUTH LIEW  |  FRIDAY, 2 OCT 2009
The European fund industry is failing the fees transparency test - while Australian fund managers are facing their own woes when it comes to unbundling fund costs, according to PricewaterhouseCoopers. According to the "Ideal Fund - Reengineering the ...

Fortitude to launch Aus equity income fund

MICHELLE BALTAZAR  |  WEDNESDAY, 30 SEP 2009
Fresh from winning an award based on its performance strategy, hedge fund manager Fortitude Capital is launching a new Australian Equity Income fund with a twist. This month Fortitude won 2009 Hedge Fund of the Year and Best Market Neutral Fund for ...

Russell OpenWorld targets insto investors

COMPANY RELEASE  |  WEDNESDAY, 9 SEP 2009
... including frontier emerging markets, commodities, infrastructure and micro cap, with managers usually appointed on a performance fee basis. In Australia, access to Russell OpenWorld will initially be available to large institutional investors such as ...