Will 1+30 become the new standard? Relating the higher performance fee to some kind of hurdle rate is the problem. Which rate is suitable? And if is is some money market rate this is particularly problematic. At present rates are so low that beating them would not be that onerous. And if rates are high, 6, 7 or 8 pct, then the hurdle is difficult to overcome.
Academics and Bitcoin - a curious mix
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On a day when there is a report out about the confused approach of
regulators regarding the $200 billion 'cryptocurrency' market another
report caught my e...
6 years ago
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