Hedge funds have raked in a staggering $3.7 trillion in profits since 1969. But hereโs the kicker: nearly half of that went straight into fees.
According to financial analysts, while hedge funds market themselves as high-performing investment vehicles, their fee structuresโoften following the "2 and 20" model (2% management fee and 20% performance fee)โhave significantly cut into investor returns. Despite their lucrative strategies, the debate over whether hedge funds truly outperform the market after fees remains ongoing.
What do you thinkโare hedge funds worth it, or are the fees just too steep?
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๐๐ ๐๐ ๐๐ซ๐ซ๐๐ข๐ ๐ง๐ฌ ๐ฆ๐๐ง ๐๐จ๐ซ ๐ซ๐๐๐ฎ๐ฌ๐ข๐ง๐ ๐ญ๐จ ๐๐๐๐๐ฉ๐ญ ๐๐๐ข๐ซ๐ ๐๐ฌ ๐ฅ๐๐ ๐๐ฅ ๐ญ๐๐ง๐๐๐ซ
The Economic and Financial Crimes Commission, Lagos Zonal Directorate on Wednesday arraigned one Precious Uzondu, on a two-count charge bordering on his alleged refusal to accept the Naira as a legal tender.
