SINGAPORE: The fees that hedge funds charge are unlikely to get any cheaper as portfolio running costs rise, according to a PwC and Alternative Investment Management Association study.
More than three-quarters of respondents in the survey of 140 asset managers across Europe, North America and Asia say they’re not planning on lowering their money-management charges. In the current buyers’ market, investors have been able to exert considerable pressure on fees, PwC and AIMA said.
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