Oaktree’s Marks: Average Hedge Funds to Cut Fees

Oaktree’s Marks: Average Hedge Funds to Cut Fees Play

Sept. 9 (Bloomberg) -- Howard Marks, chairman of Oaktree Capital Group, said hedge funds will have to stop charging clients 20 percent of investment profits unless they’re at the top of their peer group. Su Keenan reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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