Incentive Fees: erfolgsabhängige Vergütungsmodelle deutscher Publikumsfonds

This paper analyzes the current use of incentive-fee-concepts for mutual funds in Germany. Following an empirical analysis about the relevance of these methods, the different methods of calculation and the influence of different parameters are described. Further on it explains the impacts of possible basis of assessment, the clearing period and the opportunities of carrying back the obtained performance from the investor's point of view.

MoreLess

Year of publication:	2003
Authors:	Kluß, Norbert ; König, Markus ; Cremers, Heinz
Publisher:	Frankfurt a. M. : Hochschule für Bankwirtschaft (HfB)
Subject:	Incentive Fee \| Performance Fee

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Series:	Arbeitsberichte der Hochschule für Bankwirtschaft ; 45
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	German
Other identifiers:	378769715 [GVK] hdl:10419/27808 [Handle] RePEc:zbw:fsfmwp:45 [RePEc]
Classification:	G11 - Portfolio Choice ; G19 - General Financial Markets. Other ; G21 - Banks; Other Depository Institutions; Mortgages ; G29 - Financial Institutions and Services. Other
Source:	EconStor

Persistent link: https://www.econbiz.de/10010298884