Fee Pressure Looms for Underperforming Hedge Funds, Nomura SaysBy
Investors forcing changes in hedge fund fees amid weak returns
Nomura sees fewer new Asian hedge funds in cyclical slowdown
Investors are starting to withdraw money from mediocre Asian hedge funds that charge high fees, a trend that’s forcing changes in the economics of the business, according to the global head of prime brokerage at Nomura Holdings Inc.
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