But it is those skills for which they should be afforded performance fees, Mr Morris argues, and those alone.

默里斯认为，他们配得起这些绩效费是因为他们具有这些技能，但也仅仅因为这些技能。

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Managers earn their big money in the form of performance fees, which means bonuses rise and fall with investor returns.

经理人赚的最多的是他们的绩效费，这意味着他们的收入的多少与投资者的回报有关。

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These demand that big losses be recovered before performance fees can be charged again.

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They paid tens of billions of dollars in management fees, consulting fees, performance fees and trading costs.

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Typically, in addition to management and performance fees, investors also will pay for legal and accounting charges.

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