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Three Singapore Based Hedge Funds Give Up Old Fee Model

Three Singapore based hedge funds are moving away from from the old fee model known as the 2-and-20 model.

“Three Singapore based hedge funds are moving away from from the old fee model known as the 2-and-20 model.”

Kit Trading Fund, Noviscient and Gordian Capital Singapore Pte Ltd, all based in Singapore are the firms that are starting to do away with the 2% management fee and 20% of all profits.

News Source: Bloomberg



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