Remove Bidding Remove Legal Remove Performance Fees
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Markel Group (MKL) Q3 2024 Earnings Call Transcript

The Motley Fool

We recently announced the exit of our public entity product line which has been a significant drag on results the past few years due to ongoing legal system abuse trends prevalent within the casualty market. So the management fee portion would be real-time, but the performance fee would be on a lag. Please go ahead.

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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.