 |
|
Hedge Fund Managers
Hedgehogs? Fat cats?
Simply
traders.
Some are excellent... some are losers...
They are
all
portfolio managers.
Hedge fund managers
live far from the money they manage...
Domicile of the hedge fund managers:
1. At the East
coast of the United States (New York City, Gold Coast area of
Connecticut, particularly Stamford and Greenwich) – the world's
leading location for hedge fund managers
2. London. At the
end of 2007, three-quarters of European hedge fund investments
were managed from London.
Domicile of the money:
The Cayman Islands,
British Virgin Islands, Bermuda.
Most US onshore
funds are registered in Delaware.
Hedge fund managers - fee
Would you like to receive a "2 and 20" fee?
This is
what hedge fund managers charge.
A
management fee
of 2% of the fund's Net Asset Value (NAV) per year, and a
performance fee
of 20% of the fund's profit.
Exact figures are not made publicly available,
meaning that most reported figures are estimations.
Several
publications publish annual lists of top earning hedge fund
managers. Trader Monthly's list of top 10 earners among hedge fund manager in 2007
|
|
|