The Securities and Exchange Commission late Wednesday formally raised the net worth requirement for investors who are charged performance-based advisory fees. Under a final rule issued by the ...

Over the last five years ICG plc (“ICG” or “the Company”) has grown equity-like fee-earning AUM 1, which has the potential to generate higher levels of performance fees, by 3.0x. In order to make ...

Plain-Vanilla Tuesday's column touched on an unusual topic: whether a fund's reported results match what its shareholders received. (This issue should not be confused with Morningstar's statistic of ...

Apart from varying investor entry and exit points, mutual funds are concerned about revenue uncertainty and operational ...

LONDON - ICG plc (LSE:ICG) announced Thursday it will implement changes to its performance fee recognition method, resulting in a one-off gain of £65-75 million in its upcoming half-year results. The ...

Vanguard founder John Bogle repeatedly warned, “The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.” He wasn’t talking about semiliquid funds, but he could have been ...