Fees stoush: Vital manager NorthWest compares apples with oranges

Mon, 03 Dec 2018

By Jenny Ruth Dec. 4 (BusinessDesk) - Vital Healthcare Property Trust’s manager is trying to ward off criticism from three of Vital’s institutional investors by saying that two of the three manage similar investment funds and charge fees that are “broadly analogous” to the fees it charges Vital. But the manager, Canada-based NorthWest Healthcare Properties Management, is making a false comparison because its fees are several orders of magnitude greater than fees charged by managers of similar vehicles and are nowhere close to “broadly ana...

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