What is the difference between hedge fund, private equity fund, mutual fund and REIT (Real Estate Investment Trust)? [10 marks]
Explain fee structure of hedge funds and how it impacts on hedge funds performance. [5 marks]
Explain effects of 40 Act and how hedge funds can bypass it.
[10 marks]
As stated in the above article, bankruptcies of such activist hedge funds as Marcato Capital Management are especially problematic. Why is that the case? Can you give an example of another activist hedge fund bankruptcy?