In 2023, the main hedge fund at billionaire Dmitry Balyasny’s eponymous firm notched a gross return of 15.2%. Investors walked away with a gain of just 2.8%. The rest they paid in fees — more than ...
The hedge fund fee structure is based on two components. One is a management fee, and the other is a performance fee. A performance fee is the one that pushes managers an extra mile. Ridiculously high ...
HONG KONG (Reuters) - After years of earning huge fees from hedge fund clients, investment banks are eying yet another way to extract revenue from these treasured customers. Banks such as Morgan ...