(Investopedia) In September of 2016, Brevan Howard Asset Management made plans to modify its fee structure, removing management fees for existing clients for new investments in two of its major funds. At roughly the same time, Perry Capital announced the impending closure of its primary fund due to significant withdrawal of assets. These two news items represent a major shift taking place in the hedge fund world. But why would these two funds, among the most important players in the industry, take such drastic measures as these? A great deal of the explanation comes down to investor interest and what seems to be a shift in the way that clients are investing their money.
Hedge Fund Fallout Results in Fee Restructures, Closures
This entry was posted in Syndicated. Bookmark the permalink.
