Abandoning the familiar hedge-fund structure has not liberated GLG from the familiar pitfalls of volatile profits and personalities.
Their products are designed to track specific variables in the market while adhering to a broadly diversified and low-cost fund structure.
The mutual fund regulatory structure is generally recognized today as a model of poor corporate governance.
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Over the years there has been extensive critical commentary regarding whether the existing mutual fund regulatory structure that permits uniquely incestuous relationships and conflicts of interest adequately protects investors.
If you're a pension fund and your liability structure is 15 years, it should probably be 50%.
The news comes after Mr Rato was commissioned in April to formulate changes to the fund's voting structure.
At first blush, as stated above, why would a large plan use a mutual fund with a pricing structure that is no different than the pricing structure for a small plan?
To determine the highest-earning hedge fund managers and traders of 2012, we examined hedge fund returns and worked to understand the fee and ownership structure of a wide array of hedge fund firms.
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The multi-share class structure gives Vanguard fund managers flexibility in how they manage their funds.
Because of that structure, the fund is setting total award amounts now and plans to make payments over the years to reach those amounts.
And anyway, any change in the structure of the fund that did have the effect of raising the fund's potential lending capacity would have to be ratified by parliaments.
Hardly a single mutual fund company with a sales load structure could justify offering only its own mutual funds to its employee 401(k), based upon fees and performance.
One of the approach is to structure an upcoming credit fund as a business development company to take advantage of the exception granted to such companies in the Volcker Rule.
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Ward Ferry's fund charges a management fee of 1.5% and takes 15% of profits as a performance fee-a typical fee structure for a hedge-fund.
Most tobacco bonds have a so-called turbo structure (rather like a sinking fund).
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By taking on additional leverage in an LBO, a PE fund could unleash value and make the capital structure of the company they take private more efficient.
Professor VICTOR FLEISCHER (University of Illinois): 2 and 20 is the lingo for the compensation structure that determines the pay of the fund manager.
The fund collaborated with the Russian government and Fannie Mae to structure a law establishing private-property underpinnings for asset-backed mortgages.
But Camdessus's main message is that the new architecture can be accommodated in the existing IMF structure and it will require strengthening of the Fund.
And if that were not bad enough, they copied it incompetently, failing to charge the full price of power, or to set up an orderly regulatory structure, or to develop capital markets to fund new investment.
However, this has not been evident in the IMF's power structure and the US and Europe still dominate the fund.
Steven Wallman aims to do to the mutual fund industry what Charles Schwab did to the old fixed commission structure--rip it up.
Given that what Cisco really needs is more new products in growth markets, products in places where demand is growing, it was a good move in 2009 for Chambers to implement a market-focused organization structure in an effort to seek out growth opportunities and fund them.
The shift from private to public would be a giant step for Glencore, but its current partnership structure makes it hard to raise money in the markets to fund future growth.
The initial equity structure after June 2009 bankruptcy left the United Auto Workers medical fund with two-thirds of the equity, Fiat with 20%, the U.S. government just shy of 10%, and the Canadian government with 2.5%.
The SuperTrust structure had share creation and redemption characteristics of an open-end fund and the trading flexibility of a stock.
For example, instead of focusing solely on single-family homes, the fund also looks at parcels of land that have utilities laid but have no structure.
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Providing performance picks up it could yet become an example of a hedge fund that is capable of making profits year in, year out, with a long-term ownership structure: a formula as elusive as that behind any black-box trade.
The investors, which will include the Pensions Protection Fund (PPF) the backstop for private-sector schemes will own the entire capital structure and can divide cashflows as they like.
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