When evaluating investment funds, what is meant by performance at the fund level and at the property level? What would generally cause a difference between the two? What is this difference called?  

When thinking about the extent of discretion that fund managers have when making property acquisitions, under which fund structures would a manager tend to have the greatest discretion? Under which structures would they tend to have the least discretion? Why? 

 

 

Answer rating: 100% (QA)

When evaluating investment funds performance at the fund level refers to the overall financial performance of the fund itself taking into account fact... View the full answer