Performance-based fee compensation relies on performance fee models that require that specific parameters be clearly stipulated in the investment management agreeement. This case study is one example of the misinterpretation that can occur when the fee model’s parameters are not specifically defined.
To access the article click below
Avoiding misintrepretation in calculating performance-based fees
fees, investment management, investment management agreement
In the future to avoid this kind of misrepresentation, Government authority should consider standardizing how fee to be calculated such that Mandatory provident fund investors are protected.
mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
The Sovereign Wealth Fund Institute has developed an eBay-like service for sovereign wealth funds that will enable them to access and search for assets and investment funds via a buyer centric marketplace. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Cleantech investments is one area in the private equity and venture capital space which is continuing to show strong growth, according to a report by London-based alternatives research house Prequin. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
The $122.4 billion California State Teachers’ Retirement System (CalSTRS) has withdrawn five of the seven climate-related shareholder resolutions filed during the 2009 proxy season after the companies pledged to improve their greenhouse gas disclosure. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
ReGroup is one of four firms providing resources to CalPERS as it embarks on its governance/risk management initiative. President and chief executive of the firm, Ann Oglanian, speaks with Amanda White about risk management best practice and how pension funds can initiate organisational risk management change. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Tony Rocker, partner global head of infrastructure funds at KPMG in the UK, reviews infrastructure funds in light of the current market downturn and concludes that, with a little realism and improved transparency, the sector can look forward to a sound future. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
The NT$700 billion ($21 billion) Taiwanese Labor Pension Fund is tendering for Asia ex-Japan and global equities mandates, with a combined asset value of $1.2 billion, for its new and old pension funds in what is the first overseas discretionary search for this year. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.
The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.
Top1000funds.com is read by investment professionals in more than 40 countries.
Leave a Comment
You must be logged in to post a comment.
Login