Equitable Performance Fees for Hedge Funds

Hedge funds are collective investment vehicles fast becoming popular with high net worth individuals as well as institutional investors. Given an incentive structure that involves fees based on performance, this paper proposes a structure and "equalization" process that is both equitable a...

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Main Authors: LEE, David K. C., LWI, Steven, PHOON, Kok Fai
格式: text
語言:English
出版: Institutional Knowledge at Singapore Management University 2003
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在線閱讀:https://ink.library.smu.edu.sg/lkcsb_research/3401
https://books.google.com.sg/books?id=GmhvazZJCxYC&pg=PA347&source=gbs_toc_r&cad=4#v=onepage&q&f=false
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機構: Singapore Management University
語言: English