Average performance and management fees of hedge funds worldwide 2024

As of 2024, the weighted average of performance fees was considerably higher than that of management fees. This is typical for traditional hedge funds, as it is very common to employ a two- and 20-fee structure. Management fees are traditionally more than one percent of the fund's net asset value, while the performance fee was around 20 percent of the fund's profits. While some hedge funds, such as the long-biased hedge fund, have divested from this rule, the performance fee of roughly 12.62 percent was still higher than the management fee of 0.88 percent.