Consolidation is an important and current theme within the investment industry. Many firms are considering M&A deals and with the arrival of COVID-19, that's taken on a fresh urgency. This…
The authors study the long-run outcomes associated with hedge funds' compensation structure. Over a 22-year period, the aggregate effective incentive fee rate is 2.5 times the average contractual…
The survey captures investment management undertaken by members of the Investment Association (IA) on behalf of domestic and overseas clients.
