请输入您要查询的单词:

 

单词 Two And Twenty
释义

Two And Twenty
A type of compensation structure that hedge fund managers typically employ in which part of compensation is performance based. More specifically, this phrase refers to how hedge fund managers charge a flat 2% of total asset value as a management fee and an additional 20% of any profits earned.

Investopedia Says:
Considering that some of the top performing hedge funds earn upwards of 50% returns per year and that a given manager can manage billions of dollars worth of assets, this type of fee structure can be very lucrative for managers who consistently earn high returns.

For example, the top earning hedge fund manager in 2006, James Simons, earned around $1.7 billion in earnings. This is quite a bit higher than the highest paid manager on Wall Street, who was paid a relatively "low" $54 million during the same time period.

Related Terms:
Fund Manager
Hedge Fund
Layered Fees
Management Fee
Performance-Based Compensation

随便看

 

英汉经管词典收录了7848条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。

 

Copyright © 2000-2023 Newdu.com.com All Rights Reserved
更新时间:2025/3/10 8:17:58