In the week ending 18 August, 2016, it was reported that hedge funds are increasingly agreeing to hurdle rates which would be becoming the norm and more creative. While many investors are unhappy with underformance, hedge funds have also broadly avoided big losses despite the Brexit shock
This is one of the few emails I get and read at home. Given that most emails I get, I don't even read (at home, or the office) this is a high hurdle you have achieved. Kudos. Keep up the good work."
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