Some hedgies may choose to dodge high-water marks

Mar 2, 2009

GFIAÆs hedge fund study predicts that employees of underperforming hedge funds are likely to set up their own funds rather than wait years for their current employers to be in a position to pay bonuses.

If its money that floats your boat, then the fact that over one-third of Asia's hedge funds are more than 30% below their high-water marks is likely to encourage non-partner professionals in Asian funds to launch their own firms rather than wait until their current employer is in a position to pay bonuses.

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