Question
A hedge fund has management fees of 1.5% and incentive fees of 20%. At the beginning of the year the NAV is $1,050, while at
A hedge fund has management fees of 1.5% and incentive fees of 20%. At the beginning of the year the NAV is $1,050, while at the end of the year the NAV is $1,250. What is the incentive fee in dollar terms? What is the incentive fee in dollar terms if the hurdle rate is 5%?
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Managing Currency Options In Financial Institutions
Authors: Yat-Fai Lam, Kin-Keung Lai
1st Edition
1138778052, 978-1138778054
