Re:The Hedgie in Winter
by jmagaro88 on Monday June 04, 2018 @06:17PM
(#17233134)
Hedge funds are not pro bono. People are still doing their jobs, and most funds are not run solely on a percentage of profit basis.
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true, but the implication is that if fees were lower then returns for investors would be better than treading water. i.e. an actual service is performed rather than a straight wealth transfer