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Caxton Not Alone in Cutting Fees
The firm’s move to reduce management and performance fees reflects a poor year. But other hedge funds, like Tudor, are doing the same.
Paul Tudor JonesPhoto credit: (Bloomberg)The report this week that Caxton Global Investors has trimmed its fees is surprising only because it didn’t happen much earlier. Although the hedge fund’s loss through the first nine months of this year is a little embarrassing to Andrew Law in his first year heading up
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