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

Search Results

Showing 31 - 40 of 445 results for "Performance fee"

L1 Capital, Platinum merger inches closer to reality

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUN 2025
L1 Capital and Platinum Asset Management are looking to finalise the terms of their potential merger. Following due diligence, L1 Capital and Platinum have slightly adjusted the terms of their agreement. In May, when the merger was first announced ...

Schroders expands active ETF suite

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
Schroders Australia has launched a new active ETF, bringing a listed version of its Global Core active strategy to market. Schroders listed the Schroder Global Core Fund - Active ETF (ASX: CORE) today, marking its fifth active ETF. The launch is a celebration ...

Managed funds should be 'prepared to take less'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
Two experts have said managed funds would be a more popular investment if they "took a little less for themselves". Speaking at the Stockbrokers and Investment Advisers Association's (SIAA) 2025 conference, experts working across listed investment ...

Third Link adds three underlying Aussie equity managers

MATTHEW WAI  |  MONDAY, 12 MAY 2025
The investment manager of the Third Link Growth Fund has added three new Australian equity managers to its underlying portfolio to enhance the fund's active manager lineup, while broadening diversification and bolstering long-term returns. Australian ...

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
Platinum Investment Management is set to lose a sizeable institutional mandate at the end of the week. The ASX-listed manager disclosed it received notice overnight that an institutional mandate worth about $958 million is to be terminated. The termination ...

Platinum mulls L1 Capital merger

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
Platinum Asset Management is currently in discussions with L1 Capital to combine forces, a move that would create an $18 billion investment manager. Platinum Asset Management is considering merging with L1 Capital, confirming via the ASX it is discussing ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
... real estate private credit strategies, its fees are a closed circuit, comprising a fixed management fee with no performance fee. "The reason I make that particular point is that if you look at a fixed income fund, or most other funds really, if it's ...

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
... unlisted assets to arbitrage the public and private markets. Subsequently, the proposed changes will increase the performance fee hurdle from 7% to 9% and turn the open-ended structure into a closed-end structure. Meanwhile, HMC has also declared an ...

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
Perpetual's net profit after tax (NPAT) crumbled because of its simplification program, strategic review, and the fallout from its dead KKR deal. Notably, Perpetual's board scrapped the KKR deal earlier this week. However, KKR insists that a ...

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...