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When Is 2 Percent More Than 20 Percent

Daily Brief

by Liz Gunnison, Jeffrey Cane, Mark Stein, Laura Rich and Megan Barnett
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Sep 10 2007 12:00am EDT

When Is 2 Percent More Than 20 Percent?

Hedge fund managers face a year when their relatively puny 2 percent management fees may exceed their big, swinging 20 percent performance fees for the first time in a long time.

Some hedge funds may even—gulp—have to give back some fees to their clients.

Megan Barnett's full article on this subject can be found here.

Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.

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