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What is a hedge fund manager?
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2nd Dec 2009 by JonB
A hedge fund manager is typically the ranking investor at a hedge fund. It's their job to decide, in the end, where in vest and exactly how to do it. Recently, hedge fund managers have been subject to scrutiny because of their large income. But it's important to remember that hedge fund managers get paid based of a percentage of profit made. They don't make any money if they don't make their investors money, which is much more than can be said about many mutual fund managers. Typically they take around 20% off the profit that they net.
A hedge fund manager is typically the ranking investor at a hedge fund. It's their job to decide, in the end, where in vest and exactly how to do it. Recently, hedge fund managers have been subject to scrutiny because of their large income. But it's important to remember that hedge fund managers get paid based of a percentage of profit made. They don't make any money if they don't make their investors money, which is much more than can be said about many mutual fund managers. Typically they take around 20% off the profit that they net.
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1st Dec 2009 In Investing
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