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Showing 621 - 630 of 9371 results for "Fee"

Perpetual to build digital wholesale term deposit marketplace

JAMIE WILLIAMSON  |  TUESDAY, 8 APR 2025
... deal was called off in February after the tax implications ensured it was no longer feasible. However, KKR insists the break fee is still owed and has reserved the right to pursue further damages - a claim rejected by Perpetual. KKR was also due to acquire ...

Fitzpatricks names head of product

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... leveraging Russell's research platform. We're getting better diversification, better cost management and access to fee deals we probably wouldn't be able to get by ourselves because we're small. It's just a wonderful example of partnering ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
... the most fees last year. The rankings were derived from an analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total Cost Ratio. Mercer, which runs dozens of managed funds with $73.8 ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
The Australian Financial Complaints Authority (AFCA) will expel United Global Capital's (UGC) membership effective May 31. UGC, which is now in liquidation, began providing financial services, including financial advice, in 2017 to retail and sophisticated ...

Adviser exam pass rate declines

MATTHEW WAI  |  MONDAY, 7 APR 2025
ASIC has released the results of the 28 th Financial Adviser Exam, held on March 6. Of the 241 candidates to sit the exam, 177 passed, representing 73.4% of the cohort. Of those 241 candidates, 175 (72.6%) sat the exam for the first time. The pass rate ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
Members increasingly demand superannuation funds to provide ethical investment options, particularly retirees who want to leave a more sustainable world for the next generation, top super fund leaders say. Attending the Australian Council of Superannuation ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
Following US President Donald Trump's "Liberation Day" tariffs, major stock indexes on Wall Street dropped as much as 6%, losing $4.9 trillion (US$3.1 trillion) in market value, marking the largest decline since March 2020. VanEck Asia Pacific chief ...

Macquarie terminates Aussie equity funds

MATTHEW WAI  |  THURSDAY, 3 APR 2025
... with the aim of outperforming the S&P/ASX 300 Accumulation Index over the medium term. The strategy incurred a management fee of 0.62% p.a. and returned up to 12.64% over the 12 months to February end. The fund had close to $13 million in funds under ...

Pella Global Generations Fund launches in NZ

KARREN VERGARA  |  THURSDAY, 3 APR 2025
Pella Global Generations Fund has launched in New Zealand under a portfolio investment entity (PIE) structure. Expanding across the ditch, Pella Funds Management head of distribution Joy Yacoub said the flagship fund experienced growing demand from ...

EQT closes flagship infra fund at $37bn

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
... (AU$37 billion) in total commitments, exceeding the €20 billion target. The capital raising includes the €21.3 billion in fee-generating assets under management and builds on EQT Value-Add Infrastructure's track record of investing in related fields ...