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Showing 81 - 90 of 296 results for "Performance fees"

GQG Partners net revenue jumps 21.3%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... first half of 2021." "Furthermore, less than 3% of our revenues for the first half of this year were derived from performance fees, as opposed to asset-based fees, which we believe will be more stable in periods of market volatility. In addition, although ...

ORAH Funds reaches milestone

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
... Management, L1 Capital, Macquarie Gorup, Wentworth Williamson Management and Yarra Capital. All management and performance fees made by the fund are donated to Jewish charities. Community Health Services, Maccabi NSW, Courage to Care NSW, and Jewish ...

Magellan FUM drops again

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
... Magellan said its funds will pay about $0.4 billion in July. Meanwhile, the group said it is entitled to estimated performance fees of $11 million for the financial year just gone. This latest drop in FUM follows long serving distribution lead Frank ...

SCA buys Centuria shopping centre portfolio

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... convenience-based retail specialist in Australia. For Centuria, the divestments will generate about $5.7 million in performance fees. The sale price represented a 24% premium to book value. "These daily needs retail neighbourhood shopping centres have ...

LGIAsuper reduces fees, adds indexed option

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
... options have increased. "The increases are a result of changes in asset allocation on some options as well as performance fees paid to investment managers, primarily in the real assets portfolio which includes assets such as Property and Infrastructure ...

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... digital infrastructure firm. The buyer will pay $462 million upfront, $57 million of retained future carry and performance fees, and an additional amount up to $180 million contingent on future fund raisings. It includes international infrastructure ...

Alphinity lowers global equities fund fees

JAMIE WILLIAMSON  |  THURSDAY, 7 APR 2022
... net of RITC. The decision to reduce the fees follows a review by Alphinity and Fidante, the responsible entity. Performance fees will remain the same, Alphinity said. "Both Alphinity and Fidante Partners are focused on ensuring costs to investors remain ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... permanent capital losses." The group earned management fee revenue of $352.3 million, up 13% year on year, while performance fees of $11.4 million were 8% lower. Magellan's share price traded at $20.66 at the time of writing, a shadow of its $73.67 ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... however, was up 53% to $356 million, boosted by AMP Bank earnings and the release of provisions, together with performance fees earned by AMP Capital. AMP's Australian wealth management business, which comprises platforms, master trusts, and SuperConcepts ...

Pinnacle hires retail distribution lead

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... half-year to December 2021. Total NPAT for the period jumped 32% year on year, with some $6.4 million emanating from performance fees. Pinnacle now has 16 affiliates with a combined funds under management of $93.6 billion, growing 33% year on year. Its ...