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USE EXCEL PLS, Show formular PLSSSSS!!!!!!!! THANKS!!! A fund of funds invests across many hedge funds with an expected return of 7% before fees in
USE EXCEL PLS, Show formular PLSSSSS!!!!!!!! THANKS!!!
- A fund of funds invests across many hedge funds with an expected return of 7% before fees in a particular year. Hedge funds charge 2% 20% for management and incentives fee, respectively. Fund of fund investors require an expected return of 3%. What type of fee structure (incentive fees and management fees) for the fund of fund delivers an expected return of 3%? Plot a graph (incentive fees as a function of management fees) that displays the plausible combinations.
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