Fee typically charged by investment advisors, or managers, for their services regarding the management of the vehicle’s assets. Asset management fees generally cover services such as:
• strategic input and production of asset level business plans;
• management of assets including refurbishment;
• appointment of third party service providers at asset level;
• reporting activities at asset level.
Occasionally, asset management fee and fund management fee are combined.
Global Definitions Database
Asset management fee
Source: Global | Date: 25 February 2020 | ID: D0376 | Version: 6
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