| 05.05.2010 Opalesque Exclusive: Brazilian hedge fund managers take part in global debate over ‘2 and 20’ fee structure |
| From Sagar Chakraverty, Opalesque Asia: “In Brazil, funds still have the same fees from those days when interest rates were 20% a year (2005-06), and now they are half of that (Selic rate 9.5% from 28-April), and the fees are still ‘2 and 20’, which seems high. Do you see fees changing in Brazil? ” This question was raised by George Wachsmann, founding partner of Brazil’s BAWM Invest |
| Article source: http://www.opalesque.com/RT/RoundtableBrazil2010.html - Opalesque is not responsible for the content of external internet sites |