haku: @indexterm investment analysis / yhteensä: 389
viite: 166 / 389
| Tekijä: | Bailey, J.V. |
| Otsikko: | Some thoughts on performance-based fees |
| Lehti: | Financial Analysts' Journal
1990 : JUL/AUG, VOL. 46:4, p. 31-40 |
| Asiasana: | PERFORMANCE APPRAISAL INVESTMENT ANALYSIS PORTFOLIO MANAGEMENT |
| Kieli: | eng |
| Tiivistelmä: | An assessment of the specifics of performance-based fee (PBF) construction related to performance-based fee calculations. How PBFs influence the investment behaviour of managers. The one-year symmetrical fulcrum fee. Typical terms. Performance benchmarks. Minimum/maximum fees. A too low minimum fee. PBF evaluation period. Option effects. Performance-based fee computations. Dollar-metric PBF. Paradox of performance fees. Two Tables and three Figures illustrate the study. |
SCIMA