Investors and asset owners are feeling the pinch of cost management challenges as fund servicing and ad hoc charges rise in an inflationary environment, according to a ne...
Fund manager Pengana Capital Group paid zero performance fees in the first half of the financial year despite positive performance, a “highly unusual” position for the fi...
Pinnacle Investment Management has announced the size of its performance fees for the six months to 31 December, having previously warned they could be less than $1 milli...
Performance fees at Magellan were “not meaningful” in the six months to 31 December, compared to $11 million a year ago while total funds have dropped below $50 billion....
Pinnacle Investment Management has advised its net share of performance fees after tax will be less than $1 million, down from $6.4 million in the previous year. ...
Funds under management at Pendal have risen to almost $140 billion although sub-advised channels contributed to outflows as clients took profits....
After a shock 350% performance fees spike in the second quarter, Janus Henderson has reported fees in the third quarter were less than $1 billion....
Janus Henderson has seen a 350% rise in performance fees, rising from $17.2 million in the previous quarter to US$77.4 million. ...
Pendal has seen record performance fees on its Australian funds, rising 29% to $16.4 million in the most recent quarter. ...
Performance fees at Magellan Financial Group have more than halved in the 2020/21 financial year after the firm experienced fund underperformance....
Underperformance of the firm’s global funds has led to performance fees at Magellan declining by 70% in the first half of 2021....
JD de Lange writes that high performance fees in themselves aren’t a problem, but that paying high fees for poor performance is....
Macquarie Asset Management has reported lower performance fees in the first quarter....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...