(Reuters) Hedge funds across the globe are cutting their management fees as they struggle to attract investors in the face of weak returns, industry data shows. U.S.-based Caxton Associates this week became the latest firm to tell investors it would reduce its fees, joining the likes of Och-Ziff Capital Management (OZM.N) and Tudor Investment Corp which have also cut charges this year.
Hedge Funds Across Globe Cut Fees in Battle For Investors
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