Fees fly for new funds

By Rob Copeland

Wed Mar 14, 2012


HedgeFund Intelligence data show average management fee at new high.


table.tableizer-table {border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; font-size: 12px;} .tableizer-table td {padding: 4px; margin: 3px; border: 1px solid #ccc;} .tableizer-table th {background-color: #104E8B; color: #FFF; font-weight: bold;} It has been a one-way trip skyward for hedge fund management fees, as a difficult fundraising environment and the added costs of burgeoning regulation have driven the price up to a new average high of 1.80%, HedgeFund Intelligence data show. At the same time, performance fees for new funds are dribbling slightly lower, on average, than for funds launched in previous years. Fewer funds are charging more than the historical benchmark of 20%, leaving the average incentive at 18.96% last year, compared with a tight range of 20.10% to 20.21% for funds born in the decades before 1999. ...

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