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Showing 431 - 440 of 4937 results for "fees"

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... acquisition will immediately contribute to profits, as well as preferred dividends in FY25 and FY26 and potential performance fees. Under the deal, Magellan will distribute Vinva's Australian and global shares products and strategies around the world ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... sub-asset classes play in their clients' portfolios, including product features which can impact performance, liquidity, and fees." He added that the partnership with Preqin is the first step in the platform provider's commitment to supporting advisers ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... its submission, the Financial Services Council (FSC) wrote that while the test has promoted market consolidation, reduced fees, and ultimately delivered better outcomes for members, it can improve in some areas such as clarifying the definition of TDPs ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... issues and program costs for $7 million. In addition, the group paid $137 million in customer refunds for ongoing service fees, $63 million in other remediation matters and utilised $29 million for program costs," the bank said. "The group has made all ...

Monash Investors merges with DMX AM

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... of the fund. The completion of the merger comes as Monash Investors reported that its Small Companies Fund rose 1.2% after fees for the month of July, lagging the S&P/ASX Small Ords return of 3.5%. However, Monash said it was awaiting most of the company ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... assessing the sustainability of their strategies in light of persistency of performance, lack of transparency, and higher fees. "Nonetheless, there are many more active ETFs, which will be simply ASX listings of existing unlisted approaches, due to list ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... August 1. The Woodbridge Private Credit Fund aims to provide a return of the RBA cash rate plus 5% to 7% per annum net of fees and expenses. The fund invests in first mortgage, senior secured Australian and New Zealand real estate loans via direct and ...

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
... make the option cheaper for members. Members will pay $78 per annum plus 0.14% of their account balance in administration fees and costs, plus investment fees of 0.11% and 0.01% of transaction costs. On a $50,000 balance, a member will pay an estimated ...

FEAL names Fund Executive of the Year

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... for Brighter Super's members, as well as implementing technological efficiencies, like its adviser portal, and reducing fees for members. "Her commitment to innovation, high-quality services, and cost reduction has supported a promising future for ...

BlackRock bolsters suite of SMAs

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... portfolios are available at an all-in SMA fee of 0.74%-0.85% p.a. across the risk profiles, excluding platform administration fees. The portfolios are designed to provide advisers with access to BlackRock's global active investment capabilities within ...