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Showing 881 - 890 of 9372 results for "Fee"

Schroders expands stable of global equity funds

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
Schroders launched a new global equity fund this week, aiming to exploit 'growth gaps.' The Schroder Global Equity Alpha Fund was introduced to wholesale and institutional investors this week, a concentrated portfolio of global equities managed by co-head ...

Mercer Super reorganises leadership, chief executive changes roles

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
Mercer Super chief executive Tim Barber will take on a new leadership position at Marsh McLennan; Claire Ross will step up as his successor. In his new role, Barber will "develop and implement growth strategies" for small and medium enterprises (SMEs) ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... will remain at $67.60 per year, with an additional 0.10% of the account balance charged annually. The cap on this percentage fee will increase from $450 to $750 per year. CareSuper and Spirit Super began finalising their merger a few months ago. The ...

End of the road for three Franklin Templeton funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... Income Fund had $13.8 million in assets at the end of July, according to Rainmaker Information. It aimed to earn an after-fee return in excess of its benchmarks that included the S&P/ASX 200 Accumulation Index and Bloomberg AusBond Composite 0+ Yr Index ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Colonial First State (CFS) is reviewing its mandate with Ironbark Asset Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
Clime Investment Management has reported a statutory loss of $3.8 million for FY24, marking another "challenging period." The loss comprised an operating shortfall of $1.6 million, alongside $1.36 million in non-cash amortisation and depreciation, and ...

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
Persistent outflows cost Platinum Asset Management dearly in the last financial year as it hopes its new business unit, the Platinum Partner Series, will improve returns and stabilise flows. The 30% decrease in funds under management (FUM) to $13 billion ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
All MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... significant performance fees. "While modest by historical standards, the financial year saw a welcome return of performance fee income," Groves said. Shareholders will receive a two cents per share fully franked final dividend. "The decision to declare ...

ASIC launches new AFSL portal

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
The Australian Securities and Investment Commission (ASIC) is piloting a new digital portal for licensing which includes the ability to apply for, maintain and vary Australian financial services licences (AFSL). The new AFSL portal was launched on August ...