With a Performance-Based Management Contract, an Asset Manager's Fees Are

question 1

Multiple Choice

With a performance-based management contract, an asset manager's fees are tied directly to the rate of return earned by investors on the portfolio of managed properties relative to a benchmark. In private commercial real estate, the choice of benchmarks for performance is limited in large part to return indices provided by which of the following organizations?

• A) Standard and Poor's
• B) National Association of Real Estate Investment Trusts
• C) National Council of Real Estate Investment Fiduciaries
• D) Wilshire Associates

---

Definitions:

Literature Search

The comprehensive process of locating relevant academic and scholarly materials on a specific topic for research purposes.

Hand Dominance

Hand dominance refers to an individual's preference for using one hand over the other to perform activities and tasks, typically classified as right-handedness, left-handedness, ambidexterity, or mixed-handedness.

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Psychological Abstracts

Summaries of psychological research findings and literature.