Put your money on alpha bet Mar 24, 2007
And it's not just Bolshevik fee warriors like your columnist leading the revolution: investment institutions are fed up with paying extraordinary fees for ordinary performances. In the vanguard of the revolution in Australia is, perhaps surprisingly, the state government-owned Queensland Investment Corporation, led by its investment chief Doug McTaggart. (Sydney Morning Herald -- Business)
Reality check coming for dud fund managers Mar 24, 2007
And its not just Bolshevik fee warriors such as your columnist leading the revolution: investment institutions are fed up with paying extraordinary fees for ordinary performances. In the vanguard of bringing the revolution to Australia is, perhaps surprisingly, the state government-owned Queensland Investment Corporation, led by its investment chief Doug McTaggart. (The Age)
Hunter brought down by big game Sep 20, 2006
For a while now, many have smarted at the extraordinary fees demanded by hedge fund managers typically 20 per cent of profits. When investors find they are shouldering all the losses, but the hedge fund is only sharing with them 80 per cent of the profits, there will be a squeeze on those fees. (TimesOnline)
Storms brew concerns for municipalities affected by water runoff rule Jun 8, 2006
According to Genesee Clerk Barb Whitmore, the town plans to seek a permit exemption status and will send letters to local legislatures "addressing the extraordinary fees" involved with the unfunded mandate. During its regular meeting Monday, Town of Oconomowoc officials also voiced concern about the WPDES (Wisconsin pollutant discharge elimination system) stormwater discharge permit and application process. (Oconomowoc Focus, WI)