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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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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