INVESTMENTS(LL)W/CONNECT
11th Edition
ISBN: 9781260433920
Author: Bodie
Publisher: McGraw-Hill Publishing Co.
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Question
Chapter 26, Problem 3PS
Summary Introduction
To select:
The reasons for difficulty in assessing the performance of a hedge fund manager than a typical mutual fund manager.
Introduction:
There are two types of fund managers, one is traditional and other is non-traditional. In this case, a mutual fund is a traditional fund manager and the hedge fund is a non-traditional fund manager. Management of assets, investor's fees and mutual fund strategy are the reasons for differences.
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