Mathematical Analysis of Peformance Fees with High-Water Mark
Abstract Purpose – The purpose of this thesis is to give the investors a better understanding on how to interpret the costs of funds with performance fee with high-water mark and give some guidelines when comparing funds with different fee structures, i.e. mutual funds and hedge funds. Mathematica...
| Main Author: | |
|---|---|
| Format: | Others |
| Language: | English |
| Published: |
KTH, Industriell ekonomi och organisation (Inst.)
2013
|
| Subjects: | |
| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-124075 |