Discontinued — last reported Q1 '16
A decrease in the magnitude of this elimination suggests reduced internal fee-sharing activity, while an increase indicates higher internal service volume between segments.
This metric represents the adjustment made during financial consolidation to remove management and administrative fees c...
Most large asset managers report similar eliminations to reconcile internal fee structures, though the magnitude varies based on the complexity of inter-segment service agreements.
ares_segment_intersegment_elimination_investment_advisory_management_and_administrative_fees