Pressure Alexander fund giant brevan Howard will stop some management fees easeljs

Alexander fund giant Brevan Howard will stop closing of the management fee of U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes warrants to view the latest market Sina stocks 27 am Beijing time – one of the world’s largest hedge fund Brevan Howard announced that will stop charging management fees for new funds existing investors into the flagship fund, 2%-20% fund industry will become popular charging mode for 0%-20% mode. 2%-20% charging mode refers to the fund’s annual fee of 2% of the management fee, plus the excess profits above the principal part of the charge of $20%. The 0%-20% model means that the management fee becomes zero, while the excess profit portion is still charged 20%. Brevan Howard headquarters building (Figure) this new 0% management fee policy highlights the pressure faced by hedge funds. According to people familiar with the matter, Brevan Howard also told customers that they do not have to pay for the fund’s revenue management fees, which means that as long as the fund’s profit, the overall cost of the customer will decline. Informed sources said, Bravan is still investing in the fund’s funds charge 20% performance fee. According to one person familiar with the matter, the hedge fund company, which manages $18 billion, is expected to reach about $3 billion by the end of the year. A spokesman for Brevan did not respond to requests for comment on the redemption. According to research firm HFR data, investors have withdrawn funds from the $2 trillion and 900 billion hedge fund industry for the first time in a row in for the first time in 2009. Since 2009, the rebound in financial markets, hedge fund performance has been weaker than the market, as of July this year, only an average of 3%, less than half of the S & P 500 index return. Editor: Li Li SF053相关的主题文章: