Finding the right balance

Equalisation has often been a confusing aspect in the fee structure of hedge funds and although understanding has improved, it can still cause problems among investors

Equalisation, the means by which hedge fund incentive fees are calculated and charged equitably to all investors, is an aspect of the fee structure of hedge funds that historically has left managers as well as investors confused.

Ronan Daly, managing director of fund administrator Hemisphere, believes the level of understanding and knowledge has improved over the last few years. He says: 'The volume of investor questions we were being asked two years ago has slowed down. Fund of funds, in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here