Tag:

management fees

Latest Headlines

Latest Headlines

Hedge fund compensation falls

So how bleak is the hedge fund industry right now? Glocap says that compensation for 2011 is running 10 percent lower, mostly reflecting tough markets in the third quarter. Of course, average figures mean little. What really matters is how specific funds are faring. There are plenty of winners thi

Hedge fund management fees still an issue

Most institutions understand that to get the big gains from hedge funds you have to pay the hefty performance fee. That's the game. The management fee is a slightly different bird, one that often rankles investors in hedge funds and private equity funds. The issue cropped up again at a recent

Carried interest tax debates ignites again

The Obama Administration's proposed jobs bill has revived the idea of raising the tax on carried interest, the portion of an alternative investment manager's income that stems from performance. Such income is now taxed at the very low capital gains rate instead of the ordinary income rate. Man

Private equity real estate funds stage recovery

In a sign of the rising fortunes of private equity real estate funds, a Goldman Sachs $2.5 billion mezzanine fund has competed its largest deal to date. According to Deal Journal , the fund has teamed up with GIC, a Singaporean sovereign wealth fund, to loan $481 million to Blackstone Group

How far will John Paulson's hedge fund paycheck tumble?

So how far will John Paulson's paycheck tumble this year? Last year, some have estimated that the hedge fund kingpin personally made $5 billion, a nearly unfathomable amount, reflecting $1 billion in performance and management fees from his funds and the rests from his personal stake in those fund

Hedge funds fare poorly in dollar-weighted returns

The dirty little secret for a lot of investment advisors and brokerages is that it's really hard to deliver an appropriate measure of true investment return to the client. This is especially true of hedge funds, where the reported return figure, in the media especially, often doesn't even factor i

Most hedge funds are below high-water marks

It's been a trying year for hedge funds ( hedge fund news), after a solid--even spectacular--2009. Here's one way to look at the industry's woes: About 54 percent of all hedge funds are below their high-water marks, according to research firm AR. Barring a tremendous last-quarter rebound, w

Younger hedge fund managers outperform older peers

It's no secret that there's been a flight to quality among hedge fund investors ( hedge fund news). The biggest investors have shown a fondness for big-name, proven fund managers, even if those fund managers haven't exactly proven themselves as customer friendly. The share of industry asset

Supreme Court ruling to help or hurt mutual funds?

A 2004 suit filed by investors against Harris Associates, the adviser to the Oakmark Funds, was closely watched all the way to the Supreme Court. The plaintiffs held that Harris charged excessive management fees ( management fees news) and thus breached its fiduciary duty. The eye-popping claim

At Och-Ziff, more signs of rebound

Och-Ziff has been on a fund raising tear as of late. The Financial Times reports the fund firm has taken in more than $500 million in fresh client money over the past six weeks. That surpasses the net amount taken in by the group over the last six months of 2009. This may reflect a better fund