Thank you. That was helpful information. I like to stay abreast of these things, if for no other reason than to know what my primary financial institution is up to with my mutual funds and CDs. It irritates me to think that money managers at major hedge funds are getting paid commissions when algo trading and index funds can perform as well or better.
Given the size of the fund, wouldn’t HMC be able to attract proven managers and developers?
I guess my question would be, from a simple standpoint of competitiveness, shouldn’t they take every advantage regulators permit? It seems like interpreting regulatory law should be up to the SEC, while traders and funds job should be to follow that interpretation.
