Hedge funds take extra risk to reach fee targets
28 April 2008Professor Chris Brooks (Business School) is part of a research team that found hedge fund managers in danger of missing out on lucrative performance fees routinely raise their exposure to risk, in a gamble to meet their performance targets. Professor Chris Brooks (Business School) is part of a research team that found hedge fund managers in danger of missing out on lucrative performance fees routinely raise their exposure to risk, in a gamble to meet their performance targets.