[ad_1]
Several hedge funds in Asia are starting to mimic global giants like Citadel and Millennium Management by charging clients additional fees to cover costs ranging from employee compensation to life insurance in a bid to lure top talent.
Nine Masts Capital Ltd. recently introduced the so-called expense pass-through model, while Southern Ridges Capital Pte embraced it last year. Pinpoint Asset Management Ltd. has created three new share classes using this structure, according to people familiar with the matter, and newsletters seen by Bloomberg News.
[ad_2]
Source link