Hedge funds, private equity face profit squeeze
Tuesday, March 2, 2010 : PermalinkReuters – Hedge fund and private equity firms face a tough future of higher costs and lower profits as they struggle to cope with investor demands for better supervision of their assets and lower asset bases.
Small firms in particular face cost pressure to meet increasing demand for managed accounts — individual portfolios that give clients closer control of assets — and pressure to cut lucrative fees.
