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Showing 651 - 660 of 2164 results for "Plus"

Wealth firm backs new Perennial fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
... capital. There is a five-year lockdown period and the minimum investment size is $100,000. Fees are a 1.5% p.a. management fee plus a performance fee above a 6.5% net p.a. hurdle. Perennial is raising a minimum of $50 million to $100 million max for ...

Natixis backs gender diversity

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
... Australia's financial services industry, linking with gender diversity program F3. The partnership will see the $1 trillion-plus manager offer six-week work experience programs to university students, providing young women with the opportunity to solve ...

New Perennial small caps active ETF

KANIKA SOOD  |  FRIDAY, 24 MAY 2019
... make a social impact without compromising on returns." The fee is 0.89% per annum of fund's NAV in investment management fee plus expense recoveries of up to 0.10% plus performance fee of 20% of the fund's net return in excess of the benchmark return ...

Credit fund launches to wholesale investors

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... wholesale investors and will soon launch on the ASX. The Moelis Australia Fixed Income Fund targets the RBA cash rate return plus 4% per annum or 5.5%. The fund invests in diversified credit, including inventory funding (accounts receivable), specialised ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... asks authorised deposit-taking institutions (ADIs) to use the higher of two metrics (7% interest floor or the loan's rate plus 2%) while calculating the borrower's ability to service the loan. It is now considering allowing ADIs to set their own minimum ...

Industry super fund chair steps down

KARREN VERGARA  |  TUESDAY, 14 MAY 2019
The chair of a $2.7 billion industry superannuation fund has left to become a member of Parliament. Club Plus Super chair and long-serving director Tara Moriarty recently became a member of the Legislative Council at the recent New South Wales state ...

Industry fund dips toes in private equity

KANIKA SOOD  |  THURSDAY, 9 MAY 2019
... managed through Ardea, Coolabah and Kapstream. The fund took a decision to hold longer duration bonds, moving away from cash plus and inflation plus products. "We wanted to ensure our bond product was true to label with duration matching the index," ...

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... new index funds Earlier this month, CFS announced three new index option additions to its FirstChoice Wholesale and Wrap Plus. The conservative, diversified and growth options will charge around 0.34%. "We have seen a significant increase in demand for ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... on 17 June 2019. In terms of costs, management fees sit at 1.50% per annum of the fund's NAV. A 20% performance fee (plus GST) is charged based on the portfolio's outperformance, the PDS shows. Regal chief investment officer Phil King said a ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... days my friends, we thought would never end... but they ended. The days when measured inflation would go from minus 3% to plus 14%, give or take, back in the grim old days from the 1950s to the late 1980s are no more. Back then the monetarists ruled ...