Tuesday 24 November
Total Global Expense Ratio
This webinar session is successfully held on 24 November 2020.
At this session, Mr Andrew Read of Langham Hall and Mr Paul Walters of PwC told us all about the Total Global Expense Ratio (TGER). In the beginning of 2020, we launched the Total Global Expense Ratio (TGER) to globally harmonise the approach for measuring the total fees and costs of real estate investment vehicles.
TGER was developed to facilitate comparison of fees and costs between real estate investment vehicles that operate across different regions of the globe. TGER aims to improve consistency in the presentation and categorisation of fees and costs regardless of the vehicle domicile, structure and management activities.
11:30 - 12:30 (HK Time UTC+8)
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Amélie Delaunay is the Director of Research and Professional Standards for ANREV. She is responsible for the development and implementation of ANREV’s Research, Performance Measurement and Professional Standards programmes in Asia Pacific, including market information and performance indices, global surveys and promotion of best practices for the industry.
Amélie has more than 18 years of experience in the real estate industry and a strong real estate consulting background initially with Ernst & Young. She has been based in Asia for more than 14 years.
Educated at the Sorbonne in Paris, where she was awarded a post graduate degree in Urban Geography, Town Planning and Real Estate, Amélie also has an Advanced Master's Degree in Urban and Real Estate Management from ESSEC Business School in Paris. Amélie is a member of the Royal Institution of Chartered Surveyors.
Andrew Read is a partner of Langham Hall and leads the business in Asia. He has 30 years experience in financial services and fund management and 20 years of business experience in Asia. Prior to Langham Hall he was with Mckinsey & Co. as an Associate Principal in the Tokyo office. Andrew graduated from Cambridge University and qualified as a Chartered Accountant with Arthur Anderson in London and Jersey.
Paul has been with PwC in Hong Kong for over 20 years, and serves as a regional representative on the PwC Global Real Estate Leadership team, bringing a strong link into the global network of experience. Paul’s principle clients include public and private real estate funds and real estate entities. Paul also looks after other alternative asset class private funds.
Paul has extensive experience on audit and advisory services, and also on advising clients on fund start-ups, fund listings, regulatory and compliance matters and internal controls around the investing, monitoring and operational functions. Paul chairs the Professional Standards Committee of the Asian Association for Investors in Non-Listed Real Estate (“ANREV”), and authors the PwC & ANREV Review of Investor Reporting Trends report, and co-authors the PwC & ULI Emerging Trends in Real Estate Survey.