Oireachtas Joint and Select Committees
Thursday, 28 September 2023
Public Accounts Committee
NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General
9:30 am
Mr. Brendan McDonagh:
It is high, but one of the measures we have been looking at since day one has been comparing ourselves to other asset management companies set up all over the world. The costs over the whole life of those companies have been around 6% cumulatively of the assets. Our costs are currently running at around 2.8%, but Ms Condon, the chief financial officer can correct me if I am wrong.
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