Asian hedge funds levy lower fees than global peers

Asia-based hedge funds are charging the industry’s lowest management and performance fees in a bid to attract institutional investors, according to US research firm Preqin. The once-standard fee structure of 2% for management and 20% for performance is now being charged by only 29% of single-manager hedge funds globally, with fees having taken a downward trend since 2008. Asian hedge funds, on average, levy 1.56% for management and 18.79% for performance, below the respective gl…