Register now for this webinar on global best practices for fees and expense metrics.
NCREIF, ANREV and PREA members can register by sending an email to email@example.com
This session, led by Renaud Breyer, EY, and Barbara Flusk, Citco Fund Services, will examine the current market practices in fees and expense metrics and their related disclosures as well as presenting the new Total Global Expense Ratio (TGER) – the first globally consistent measure for real estate investment vehicle fees and costs which INREV, ANREV, NCREIF and PREA jointly developed.
In Europe and Asia, the INREV Fee and Expense Metrics module clarifies the calculation and disclosure of key fee and expense metrics: the Total Expense Ratio (TER) and the Real Estate Expense Ratio (REER). The module is accompanied by an online assessment to allow users to quantify their level of compliance with the INREV Guidelines.
In the US, the NCREIF PREA Reporting Standards Real Estate Fees and Expenses Ratio (REFER) measures the total fee load of a fund.
The webinar will cover:
- INREV Guidelines for calculation and disclosure of fees and expense metrics
- NCREIF PREA Reporting Standards measure of fund fee load
- Global initiative on Total Global Expense Ratio
- Benefits of implementing these guidelines
Who should attend the webinar?
The webinar will be of interest for investors, fund managers as well as advisors. It will be of particular interest for investment managers who work in fund reporting and those on the product development side who are interested in trends in fee terms and structures.