Mercer analyses fund of fund fees

Fri Dec 10, 2010

In its latest global survey of fees, Mercer found that although funds of hedge funds pay fees to outperforming managers they do not always get an offset from drag on the portfolio from underperforming managers.
Mercer points out that performance fees are still paid by the fund of funds even if the overall portfolio has underperformed. Under...

ISSN: 2151-1845 / CDC10004H

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