Larger hedge funds increase fees in 2010
By Suzy Kenly Waite
Tue Mar 22, 2011
The big get bigger and pricier. The largest hedge funds, those with $1 billion or more, increased their management and performance fees last year. It hasn't hurt their fundraising.
The largest hedge funds continue to increase fees, and it hasn’t hurt their ability to raise assets, providing further evidence of what every retailer knows: When dealing with luxury goods, customers often think pricier means better.
An analysis of the AR database shows that funds managing $1 billion or more increased their management and performance fees in 2010, in some cases substantially. Nevertheless,...
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