Are you offering zero management fee hedge funds?
Yes, we have introduced an incentive fee only structure in some products to better align with investors
We've looked at it, but believe the ‘1 or 30’ fee arrangement is a more sustainable alternative that we could pursue
We've actually introduced a ‘1 or 30’ product alongside our traditional hedge fund fee structures
No, it would introduce too much of a business risk for us to jettison management fees
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