What is a normal investment management fee?
I'm curious about the standard fee charged by investment managers. I want to know what constitutes a normal investment management fee.
What is a fair AUM fee?
I'm trying to understand what constitutes a fair AUM fee. I want to know the standard or acceptable range for such a fee, and how it is typically calculated based on the assets under management.
What is a 2 and 20 fee charge?
I've heard about this '2 and 20' fee structure in the investment world. Could someone explain what it means? Is it a common practice in the industry? Are there any hidden costs or considerations I should be aware of?