22.11.2010 - Fund of funds fee structures lower than for direct funds: INREV
From Propertyeu.info: Overall fund of funds fee structures are simpler and lower than for direct funds, according to the inaugural Fund of Funds Fee Study published last week by INREV, the association of non-listed real estate investors. Nearly half of the fund of funds polled in the survey base their annual management fees on net asset value, with an average of 0.4%. Performance fees are also common across value added and opportunity fund of funds, but less so in the core market, the study found..............................................Full Article: Source
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