Kingfish underperforms market, pays $4.4m performance fee
Unclear whether fund management staff to receive bonus.
Tim Hunter Mon, 29 Apr 2019
Listed investment fund Kingfish has paid its manager a performance fee of $4.4 million for the year to March, despite underperforming the NZX50 index by five percentage points.
Kingfish chairman Alistair Ryan refused to say what Kingfish returns were for the year, saying they would be reported
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