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Gerald Sheff, Co-Founder & Chairman - Gluskin Sheff + Associates Inc. photographed at the company's offices on Bay St., Toronto October 19, 2010.
Gerald Sheff, Co-Founder & Chairman - Gluskin Sheff + Associates Inc. photographed at the company's offices on Bay St., Toronto October 19, 2010.
(Fernando Morales/The Globe and Mail)

Betting on double the dividend from Gluskin Sheff

Investors will be looking for asset manager Gluskin Sheff + Associates Inc. to pay a bigger-than-forecast special dividend after announcing performance fees that blew past expectations.

Gluskin shares were halted late Thursday afternoon as the firm announced that its performance fees in the most recent quarter were $98-million, more than double what some analysts were expecting.