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HAPFS’s Ho questions merits of performance-only fees

Indira Vergis
Performance-only fees do not necessarily better align investor and manager interests, says Doris Ho, executive director of Hong Kong's Hospital Authority Provident Fund Scheme.
HAPFS’s Ho questions merits of performance-only fees

Paying investment managers just performance-related fees is an enticing idea, but its implementation does not always result in the intended alignment of interests between investors and fund managers.

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