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: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2003
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| Subjects: | |
| Online Access: | 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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| Institution: | Singapore Management University |
| Language: | English |