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by mamonster
809 days ago
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Point72 has 30b of AUM, management fee of 3% or so -> They get around 900 million per year to run their fund. 25 million is about 3-2.5% of that. Decent savings. At the end of the day, dropping costs has an infinite Sharpe so you always go for it, but I honestly thought it would be a bit more. |
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