ANALYSIS: Investors want good performance but do they want performance fees?

Jenny Ruth
Thu, 28 Mar 2019

Analysis by Jenny Ruth March 29 (BusinessDesk) - The extent of the performance fees Vital Healthcare Property Trust’s manager collects highlights the lack of hurdles that correlate with investor returns in the calculation of such fees. Too often, such fees don’t actually relate to how well the manager has actually performed. In Vital’s case, its manager, Canada-based NorthWest, is entitled to 10 percent of the rise in value of Vital’s gross assets over that year and the previous two years. That means that when property values are risin...

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