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kirill [66]
3 years ago
5

The previous value of a portfolio that must be regained before a hedge fund can charge their investors performance fees is known

as a
Business
1 answer:
Margarita [4]3 years ago
4 0

Answer:

high watermark

Explanation:

A high watermark refers to the mark at which the investment could be reached at a high peak. It to be calculated on that date when the performance fees are charged and it could be charged only on that case when there is a rise in the value of the portfolio

Moreover,  in the high watermarks there is no need to pay the performance based fee when there is a poor performance

Therefore the given situation represent the high watermark

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See Explanation

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Given

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Required

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The question is poorly formatted, as the histogram cannot be read. So, I will answer your question with the attached histogram

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Read 2 more answers
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