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So even take 1% of the assets under management. Hedge funds take a percentage of assets each year. So 30 billion under management means 300 million revenue each
by zck 17y ago
So even take 1% of the assets under management. Hedge funds take a percentage of assets each year. So 30 billion under management means 300 million revenue each year if they do nothing. They get a larger percentage of profits. So yes, it's not the same, but it's still a lot of money.
- deleted 17y ago[deleted]