Aurora Investment Trust PLC (GB:ARR) has released an update.
Aurora Investment Trust PLC has announced an update to their investment objective, now aiming for ‘long-term total returns,’ aligning with their policy of distributing net revenue from investments. Additionally, the company has revised its performance fee methodology to better incentivize their Investment Manager for long-term outperformance by adjusting the high water mark post-clawback, facilitating the earning of performance fees on previously clawed-back outperformance.
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