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.
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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.
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Institutional asset owners who have signed the UN Principles of Responsible Investing were told they must make the effort to help pioneer a sustainable economy, in an address from David Blood, co-founder with Al Gore of Generation Investment Management. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Bill Richardson has directed the State Investment Office to ban the use of third-party placement agents on investments of the state's Permanent Funds.
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The majority of US corporate plan sponsors want to terminate their frozen pension plans quickly but don’t have the sufficient assets to do so, according to Cecil Hemingway, US Retirement Practice Leader with Aon Consulting. A new survey by Aon, of more than 70 US organisations with a cumulative total of frozen pension plan asset
The World Bank has set up a new asset management division, IFC Asset Management Company, and a new private equity fund, specifically designed to facilitate co-investment by sovereign wealth funds in developing countries. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
UK pension funds are being encouraged to support the residential property market via an initiative which would see them invest in the private rented housing sector for the first time. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
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