napf annual pension fund survey suggests that performance-related fees are gaining in popularity though still short of the mainstream
Performance-related fees on pension fund mandates are gaining in popularity but fall well short of being mainstream. According the NAPF's annual pension fund survey, 9% of schemes questioned said their contracts allow for performance-related fees to be paid to their balanced managers and 13% for their specialist managers. Some 6% said they allowed for it in some cases for their balanced managers and 19% of respondents said in some cases it can be paid to specialist managers. The majority of respondents answered a flat no, at 63% for balanced managers and 49% for specialist managers. I...
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