On 3 April 2020, ESMA published its final report on guidelines regarding performance fees in UCITS and certain types of AIFs, including the guidelines, as appendix IV (the Report). On 5 November 2020 ...

For fund managers, general partners, and sponsors operating private investment vehicles, understanding the regulatory framework governing performance-based compensation is essential. Performance-based ...

Movingto reports that Portugal Golden Visa fund fees can exceed quoted rates, highlighting hidden costs like entry and exit fees that investors often overlook.

Performance fee structures can feel like a puzzle with many pieces. As an investor, understanding how these fees work is crucial because they directly affect your returns. What’s behind terms like ...

Accessor Capital Management of Seattle is now the second firm the Securities and Exchange Commission has targeted for miscalculating its mutual fund performance-based management fees. In addition, ...

A report released by LCH Research got widespread coverage with the Wall Street Journal making its headline, “Hedge-Fund Fees Eat Up Half of Clients’ Profits,” and Bloomberg chimed in with, “Hedge ...

New research from Towers Watson suggests a better model for aligned fee structures should come from a more equitable split between investors and hedge fund managers of skilled outperformance. The ...

Vanguard founder John Bogle repeatedly warned, “The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.” He wasn’t talking about semiliquid funds, but he could have been ...