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

Search Results

Showing 41 - 50 of 296 results for "Performance fees"

New investment fund to drive gender equality

MATTHEW WAI  |  THURSDAY, 5 DEC 2024
... advance economic equality for women and their children in Australia. The fund will charge zero management or performance fees and requires a minimum investment amount of $250,000. All major service providers to the fund, including Citigroup, Equity Trustees ...

Hostplus ups fees, makes $125m investment

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... managers for the international equities (developed markets) and fixed income asset classes, and an increase in performance fees for the alternatives and credit asset classes. On the flip side, investment fees for the Australian Shares option fell 0.15% ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... charged the same amount in investment fees at 0.05%. These cover investment manager base fees, investment manager performance fees, brokerage, and stamp duty. The super fund does not charge members switching fees and there are no buy-sell spread fees. ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... 57% jump in earnings compared to FY23 to $129 million thanks to recurring management fees, investment gains and performance fees. Over the past 12 months HMC has established three new platforms in private credit, energy transition and digital infrast ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... holders, including administration fees, investment fees, transaction fees, insurance premiums, activity fees and performance fees. However, only 1% of Australians are aware that there are up to six fee types that most funds charge, including a performance ...

Australian Ethical drops investment fees

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... drop from 0.70% to 0.69%, and pension members in the growth option will see fees reduced from 1.06% to 0.98%. Performance fees have also been cut. Super and pension members invested in the conservative option will see performance fees reduced to nil ...

Remara launches real estate strategy

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... 15% in returns annually and requires a minimum $25,000 investment. It charges management fees of 1.25% p.a. and performance fees of 30%. "The challenges around interest rates, planning delays, immigration, international student caps and cost pressures ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... million, impacted by fund outflows, reduced management fees for the Clime International Fund, and a decline in performance fees earned. Clime's funds under management (FUM), however, pertaining to its continuing operations, increased to $1.6 billion ...

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... Retail and insto outflows in FY23 were $1.24 billion and $1.15 billion respectively. The fund manager did not earn performance fees during the period. Most strategies delivered absolute returns above 5% but still lagged broader market returns. The best ...

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... company flagged that profitability was also "subdued" over the course of the year due to an absence of significant performance fees. "While modest by historical standards, the financial year saw a welcome return of performance fee income," Groves said. ...