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Money Mavericks, 2nd Edition
book

Money Mavericks, 2nd Edition

by Lars Kroijer
September 2012
Intermediate to advanced content levelIntermediate to advanced
248 pages
11h 17m
English
FT Publishing International
Content preview from Money Mavericks, 2nd Edition
Making your commissions
count
Are you being serviced?
Once Holte Capital had grown to a couple of hundred million dollars
in assets under management, the world of service providers and financial
counterparties started to take note of us. The implication was clear: the
more money you had invested, the more fees and attention you got.
As we approached our peak of around $1 billion in invested capital,
we were receiving a lot of love from brokers. This was sadly not because
of our good looks and charming personalities but because of the fees we
generated for them. Assuming that we turned over (the hedge-fund
term is ‘churned’) our portfolio ...
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Publisher Resources

ISBN: 9780273772507