Only a few years ago, the idea of a hedge fund manager breaking the mould and charging less than a 2% management fee and a 20% performance fee was met with a great degree of scepticism. However, today, rather than this being the exception, charging less than the traditional 2 and 20 has become the norm.
70% Of Active Mutual Funds Outperform In January 2018
Hedge fund fees have always been a contentious issue, but only in the past few years have managers really started to bow to investor pressure to cut costs....