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by unknown_apostle
3599 days ago
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2% being big or small has nothing to do with the size of AUM. In this age of NIRP, 2% is yuuuge especially compared to costs associated with passive funds. Personally, I can see the 2 and 20 model dying within the next few years. The plebes will no longer associate hedge fund managers with the shadowy pinnacle of intellect (Limitless anyone?) |
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