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Showing 411 - 420 of 461 results for "Performance fee"

Tracking hedge fund fees

RUTH LIEW  |  FRIDAY, 20 FEB 2009
... Ivey, chairman of the Alternative Investment Management Association (AIMA), said there is a "logical reason" why a performance fee is being paid to a fund manager, as this serves to only to further align the firm's performance with the investor's interest. ...

HSBC launches alt fund services

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2008
The lure of the country's superannuation dollars will push more global hedge funds to target Australian investors, prompting HSBC to open a specialist fund services arm locally ahead of the wave of hedge fund activity. Previously, HSBC has provided ...

Perpetual posts $133m profit

MICHAEL HOBBS  |  THURSDAY, 21 AUG 2008
Perpetual's end of the financial year results came at the lower end of estimates, with the firm's operating profit after tax falling eight per cent on the prior year to $133.5 million. Total operating revenues rose six per cent to $496 million thanks ...

REST and First State Super seed St Hilliers No. 4

Property fund manager St Hilliers defied the property doom and gloom when it staged its largest equity raising this week thanks to a $200 million cash injection from super funds REST and First State Super. The Sydney-based company, ranked 95th in the ...

Macquarie posts 23pct profit hike

MICHAEL HOBBS  |  TUESDAY, 20 MAY 2008
Macquarie Group has reported a 23 per cent rise in net profit after tax to $1.8 billion on the previous year, buoyed by strong returns from its investment banking deals and equity-related businesses in Asia-Pacific and Europe. The group's assets under ...

Investment Trends names top SMAs

RUTH LIEW  |  TUESDAY, 20 MAY 2008
BlackRock, MLC and Tricom are among the top separately managed account (SMA) players according to a new Investment Trends report. BlackRock has surged ahead of the separately managed account (SMA) pack to be crowned the provider with best overall functionality ...

BTIM numbers hurt by market crunch

BT Investment Management Limited (BTIM) has fared better than the market in the six months to March but headline numbers are down or at the lower end of prospectus forecasts. The group has reported its first half year results since it was spun off its ...

Investment fees jump 50pc

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
A growing appetite for alternative investments has led to superannuation funds paying 50 per cent more on investment fees than five years ago, according to Watson Wyatt. The report titled, A fairer deal on fees, found investment fees, on average, had ...

Austock High Yield gets three stars

MICHAEL HOBBS  |  THURSDAY, 17 JAN 2008
... found the fund's management fee was not as expensive compared to its peers, although investors pay a 15 per cent performance fee of the return above the UBS Bank Bill Index benchmark plus two per cent. The fund does have a remuneration policy that is ...

St Hilliers posts 5pc more

St Hilliers Funds Management has delivered five per cent more than its 15 per cent target following the sale of its fifth and final asset held in the St Hilliers Enhanced Property Fund No.1. St Hilliers general manager in funds management, Nicholas ...