{"id":54375,"date":"2016-09-15T09:27:04","date_gmt":"2016-09-15T13:27:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54375"},"modified":"2016-09-15T09:27:04","modified_gmt":"2016-09-15T13:27:04","slug":"multi-manager-hedge-fund-caxton-to-follow-rivals-in-cutting-fees","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2016\/multi-manager-hedge-fund-caxton-to-follow-rivals-in-cutting-fees.html","title":{"rendered":"Multi-Manager Hedge Fund Caxton to Follow Rivals in Cutting Fees"},"content":{"rendered":"

(Reuters) Hedge fund firm Caxton Associates said it plans to cut the fees it charges investors following a period of lower returns for the industry, a letter to investors seen by Reuters showed. The New York-based firm, which employs around 190 staff and manages $8 billion in assets – said the new fee structure on its Caxton Global fund would take effect from Jan. 1, 2017 and would be based on the amount of money a client invested.<\/p>\n

Caxton, founded by Bruce Kovner in 1983, joins other high-profile hedge funds including Och-Ziff Capital Management and Tudor Investment Corp in cutting fees as investors demand better value for money.<\/p>\n

To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Reuters) Hedge fund firm Caxton Associates said it plans to cut the fees it charges investors following a period of lower returns for the industry, a letter to investors seen by Reuters showed. The New York-based firm, which employs around […]<\/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-54375","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54375","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=54375"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54375\/revisions"}],"predecessor-version":[{"id":54376,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54375\/revisions\/54376"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}