Tuesday, December 31, 2013
Hedge fund rankings
The largest AUM are at a Connecticut firm at about 3 times Oz. J.P Morgan’s AUM are about double Oz. Clearly Ozm is not being hampered by its size, and has plenty of room to grow.
When it doubles its amounts under management (Aum) you would think it could double its income. All things being equal (caters paribus). Double income, double payout, less important double payout, double market value. Which just makes compounding more expensive.