All of the following prevent alternative investment managers from generating excessive performance fees except a: a. High-water
Question:
All of the following prevent alternative investment managers from generating excessive performance fees except a:
a. High-water mark provision.
b. Clawback provision.
c. Contango provision.
d. Hurdle rate.
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The correct answer is c Contango provision Explanation a Highwater mark provision A highwater mark p...View the full answer
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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