Alpha fees for beta performance

Bridgeford, Lydell C.
May 2008
Employee Benefit News;May2008, Vol. 22 Issue 6, p56
The article reports on the increase in 401(k) performance fees paid by pension funds worldwide, according to a research by Watson Wyatt. Craig Baker, global head of manager research at Watson Wyatt, points out the percentage of annual base fee charged by hedge funds on the value of committed capital. He recommends several measures in order to get the performance fee system back into line.


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