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Monday, 30 May 2016

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Draft obit for 2020: 2-and-20 fee structures


The fundamental issue divides along the lines of the users. Individuals may want to use hedge fund practices similar to their doctors, lawyers or accountants. Long-term endowments and some other institutional investors may prefer hedge funds to be organized as businesses. The latter need a regular source of revenues and the former can live for a while on incentives. The market will decide which will gain in ascendence.

Posted date

29 December 2012

Posted time