Misalignment of Incentives, Investor-Level Gates — Belts vs. Suspenders?
Abstract
Suspenders have gone the way of the dinosaurs. Indeed, it's not clear to us that millennials have any idea what suspenders are. And rare these days is the traditional man who wears suspenders, yet that appears to be what some hedge funds are doing.
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Citation
Weinberg, Michael. "Misalignment of Incentives, Investor-Level Gates — Belts vs. Suspenders?" Pensions & Investments (February 10, 2016). http://www.pionline.com/article/20160210/ONLINE/160219988/misalignment-o....
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