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Posted on: Dec. 15, 2016, 12:27 p.m.
Hedge funds have historically marketed themselves as a prestige investment, promising an exclusive group of investors higher returns in exchange for higher fees. The higher returns haven't been there of late, though. Now the high fees are starting to budge, too. Full investment news articleRelevent to this post: Och-Ziff Capital Management Group LLC Caxton Associates LP,