Despite performance gains, hedge funds fail to make high-water mark progress

By Rob Copeland

Wed Oct 30, 2013


About 60% of funds are on track to earn performance fees this year.


A year of broadly positive returns for hedge funds as a whole has failed to help those flailing below their high-water marks, the important inflection point at which managers can earn performance fees on top of management fees, according to an analysis of managers reporting to the HedgeFund Intelligence database. ...

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