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S'pore-based hedge fund startups break the norm to reel in investors

They do away with the 2% management fee and 20% of all profits.

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Mr Buffett last month estimated that investors wasted more than US$100 billion on high-fee money managers over the past decade.

Singapore

THREE Asian hedge fund startups are eschewing the industry's traditional fee model, as they vie for capital from investors that have got increasingly reluctant to put money with unproven managers.

Kit Trading Fund, Noviscient and Gordian Capital Singapore Pte, all based

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