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
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.