What would be the annual fees paid to the hedge fund sector, assuming a 1.5% management fee
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Question:
What would be the annual fees paid to the hedge fund sector, assuming a 1.5% management fee and 15% performance fee and average industry assets under management of $3 trillion, if the industry gross are 5% in a given year?
Expert Answer:
To calculate the annual fees paid to the hedge fund sector we need to consider both the management f... View the full answer
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