Private equity and hedge fund firms are battling to offer more flexible fee structures as they come under pressure from clients after many funds lost money in the credit crisis. Institutional investors making big ticket investments have pushed for lower management fees, paid as a percentage of assets managed, and many are already getting them. … Read more
Institutional investors are increasingly demanding more transparency around the controls and procedures of hedge funds, fund of funds, private equity funds and managed account manager. There are four key operational risk areas that fund managers should focus. Here we take a quick look at “The Experience of Operational Personnel”. Investing in bank debt requires dedicated … Read more
Of course you don’t want to make any late payments on your credit cards or loans and affect your credit report and score unless you absolutely have to, but what happens if you’re unable to avoid it? It all depends on whether you’re 30, 60 or 90 days past due. If it’s only one late … Read more