‘Not quite 6%’ fees: How this structure protects investors

from Special reports · host Moneyweb Radio

A proportion of Allan Gray Orbis performance fees go into a fee reserve – and back to clients in the event of underperformance, meaning the fund manager ‘truly shares’ in any pain as well as the gains. Radhesen Naidoo of Allan Gray tells us more. www.moneyweb.co.za

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