Why are hedge fund managers raising their management fees?

(Last Updated On: April 7, 2012)

Why are they doing this with the dismal long term outlook? It seems many liar off managers from banks are starting their own firms. As they do, their returns are pretty low compared to their former employers. As a result, maybe they raise fees to make up for their lackluster performance. Does this makes sense? No but welcome to wall st. This is all according to my daily fix of Bloomberg.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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