{"id":53310,"date":"2016-07-05T07:23:39","date_gmt":"2016-07-05T11:23:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53310"},"modified":"2016-07-05T07:23:39","modified_gmt":"2016-07-05T11:23:39","slug":"as-2-and-20-fees-under-fire-asia-hedge-funds-seek-cost-cuts","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2016\/as-2-and-20-fees-under-fire-asia-hedge-funds-seek-cost-cuts.html","title":{"rendered":"As 2-and-20 Fees Under Fire, Asia Hedge Funds Seek Cost Cuts"},"content":{"rendered":"<p>\n(Bloomberg) When Ruhong Huang\u2019s Hong Kong-based hedge fund crossed a key milestone after gathering $100 million in assets, he made an unusual choice. Rather than continuing to go it alone, he decided to join a \u201cplatform\u201d to help his firm with everything from hiring administrative staff to handling compliance.<\/p>\n<p>While Huang\u2019s move is uncommon, he isn\u2019t alone. Hedge fund platforms in Asia, which traditionally have helped fledgling firms with a few million dollars set up shop, are now seeing bigger managers turn to them to help save as much as 90 percent of their annual operating costs. That\u2019s signaling a fundamental change in the economics of the hedge fund business, as investors are balking at the hefty &#8220;2-and-20&#8221; fees that were once a fixture in the industry and compliance costs are spiraling higher.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-07-04\/as-2-and-20-fees-under-fire-asia-hedge-funds-seek-to-cut-costs\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) When Ruhong Huang\u2019s Hong Kong-based hedge fund crossed a key milestone after gathering $100 million in assets, he made an unusual choice. Rather than continuing to go it alone, he decided to join a \u201cplatform\u201d to help his firm [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53310","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53310"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53310\/revisions"}],"predecessor-version":[{"id":53311,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53310\/revisions\/53311"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}