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Showing 511 - 520 of 2187 results for "Plus"

Class announces $4.2m acquisition

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... increase in FY19 operating revenue. The acquisition compromises an upfront cash payment of $2.73 million upon completion, plus $1.47 in Class shares escrowed for 18 months. Class said the transaction is expected to be complete in August this year and ...

Navigator takes stake in investment portfolio

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... parts. The first being that it is entitled to receive the first $17 million of cash distributions annually and indexed at 3% plus 20% of any cash distributions in excess of this amount. In exchange, Navigator will issue the Dyal funds a 40% economic ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... property and 45% infrastructure. Those currently invested in its Private Equity option will be transferred to the Shares Plus option which is set to be renamed High Growth with the risk profile renamed to 'aggressive' from 'very ambitious'. Elsewhere ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... confident more than that will enrol. "People have been destroyed by this and they are still feeling the effects of it 10 plus years later. Hopefully we can give them their lives back," Ivantsoff said. Great Southern was an agricultural managed investment ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... largest multi-asset fund in New Zealand and has been running since April, 2010. Its current benchmark is the official cash rate plus 2.5% per year. Since the 2010 launch, it has returned 10.55% p.a. Shorter-term returns stand at 3.74% (three months) ...

Sydney Aussie equities manager trims fees

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... management fees from 75 bps to 60bps. Contact manages WHSP's roughly $300 million large cap portfolio and the $1 billion plus LIC BKI Investment Company. The new fund holds 20-40 mid and small caps and is managed by Will Culbert and Tom Millner. ...

Perpetual launches two ESG funds

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... Fund hold 70-150 stocks, excluding fossil fuels and integrating ESG research. Perpetual has set the fees at 89bps per year (plus 15bps buy/sell spread). The equivalent US retail fund has been running since 1999 and has US$579 million in total assets. ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... by two terms of arrangement at up to $2.45 per share. Under Structure A, shareholders will be entitled to $2.20 a share, plus an additional 12 cents if the Movie World and Sea World are open for a period of five days before the proxy cut-off dates. There ...

Super fund for women adds fee

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... for FairVine said: "We are reverting to a fee structure that is in line with industry norms, i.e. an annual admin charge plus a percentage fee based on assets. This helps members to make fee comparisons."

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... month, the platform sent updated contracts to fund managers saying they will now have to pay an administration fee of $2000 plus GST per individual rebate arrangement per year. Netwealth said it "appreciate[d] the current economic and financial impacts ...