Originally Posted by
kiora
Yes ,a good lurk for Morrison & Co
Why would ACC complain?. IFT investment returns far outperform ACC investment returns.
Maybe they should contract it out to Morrison & Co?
What would the direct cost to IFT if the management was brought in house?
Direct costs & incentives?
I imagine very difficult to procure the right staff and they would require quite an incentive?
Would IFT perform just as well?
Why change the structure if its not broken?
My understanding is incentive fee paid over 3 years?