It's A Tough World For Small Hedge Funds: Citi (But Not Really)VW Staff
If it was for management fees only, hedge funds would barely make ends meet, according to the latest survey from Citi Prime Finance. Unsurprisingly, the bigger the asset base of the hedge fund, the easier it is for it to get by. It appears that hedge funds with $300 million under management, or emerging managers, just break even on their expenses, meaning that it would be the minimum AuM needed to survive. To breathe comfortably, they would at least need $1 billion, says the report, meaning . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible