Post by
lscfa on Feb 06, 2017 2:04pm
Sale impact
Sale of the money losing division is a positive but what is the overhead of QIC? How recurring are these advisory fees and mgmt fees? I see maybe $4 million per year in overhead costs. Why not restructure QIC to be a pure operating entity and lose the portfolio mgmt focus. This would get rid of lots of mgmt fees, etc.
Comment by
JamJam123 on Feb 06, 2017 2:46pm
there are quite bit of lawter fee and advisory fee regarding acquisition ont hose fee also selling division used to have big advisory fee too regarding medical stuff cost... over all i think out of 3.2 mil expense 1.5 million will left for full q