绝大多数客户都期望对冲基金和组合基金的费用能够降低。
An overwhelming majority expect fees to fall, for hedge funds and funds of funds.
其它领先的对冲基金指数也报告,在扣除费用后,平均回报率达到12%至18%。
Other leading hedge fund indices report average returns of between 12 and 18 per cent, after fees.
如果筹集资金费用增加,他们对如对冲基金那样的重要投资人的抉择只有必须削减资金供给,或是增加费用。
If the cost of their finance goes up, they will have either to cut the supply, or raise the cost, of finance to important investors such as hedge funds.
As a matter of fact, it costs an increasing amount to play the game when you look at the fees that are paid to investment managers and hedge funds.
事实上,当把付给投资经理,和对冲基金的费用都算进去的话,这个博弈的成本越来越高
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