Article tagged with 'Performance fees'
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Milford records big increase in fee income
28 Jul 2019 - Fund manager Milford has seen its fee income increase nearly 20% the 12 months ending March 31, however profit is down.
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Mint axes performance fees
22 Mar 2019 - Mint Asset Management is removing its performance fees on retail funds and founder Rebecca Thomas says the Financial Markets Authority should monitor what other managers are charging.
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McLachlan: Pie move 'mildly interesting'
14 Jun 2018 - Fisher Funds chief executive Bruce McLachlan says his firm won't be rushing to match Pie Funds' move to drop performance fees.
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Performance fee questioned
27 Apr 2018 - More fund managers are likely to claim performance fees this year for returns that did not outperform the market, a researcher is warning.
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Performance fees boost managers' earnings
02 Aug 2017 - Performance fees have helped to lift the fee revenue claimed by fund managers Milford and Fisher Funds.
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Performance fees still need work: Morningstar
19 Jul 2017 - [UPDATED, ADDS FMA COMMENT] Some New Zealand fund managers are still charging inappropriately structured performance fees, despite FMA attempts to offer guidance, Morningstar director of manager research ratings, Asia-Pacific, Chris Douglas said.
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Performance fees' days may be numbered
17 Aug 2016 - More fund managers may follow Forsyth Barr’s lead and drop performance fees, as the Financial Markets Conduct Act regulations kick in, it has been claimed.
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Forsyth Barr drops performance fees
16 Aug 2016 - Forsyth Barr is hoping to simplify things for investors by dropping its performance fees on two funds.
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FMA tackles performance fees
01 Mar 2016 - [UPDATED] Fund managers are being told they must make it clear to investors that they may be paying a performance fee twice for the same return if they do not use a high-water mark.
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Fund managers told how FMA wants performance fees disclosed
02 Dec 2015 - The Financial Markets Authority wants more clarity for investors about fund managers’ performance fees but some in the industry are questioning whether it has overstepped the mark.