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Private banks need to adapt hedge fund fee structures, says boutique asset manager

As investors in Asia and globally are questioning the level of fees and the alignment of interest of hedge fund managers, one boutique asset manager with US$15.5 billion of assets under management (AUM), Unigestion, proposes a solution for private banks. “Now that the 2.20 fee structure is outdated, fund managers and private banks need to work with the hedge funds…

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