Hedge Funds

Two not-for-profit funds cut fees

Kinetic Super and Equip have both announced fee reductions as an early Christmas present to their members. At Equip, a combination of the end of a 0.08 per cent levy to build fund reserves and investment cost efficiencies of 0.07 bps led to a MySuper member with a $50,000 balance seeing their annual fees drop […]
Hedge Funds

UniSuper: the ivory power

Chris Cuffe is known for many successes, not the least of which was his contribution to the establishment of Colonial First State. His subsequent philanthropic pursuits include his $55-million Thirdlink investment fund of funds, which donates all management fees to charity, approximately $60,000 a month. In addition, he’s an advocate of Primary Ethics, which delivers […]