Re: Would a mutual fund manager to better with $1 billion or $100 mill
cost per dollar managed diminishes greatly for the firm when you are managing 1 billion vs 100 million. i think this is the valid angle from which to make the argument. you will get higher returns off the 100 million but the total cost of management is very similar between the two scenarios, whereas the total profits are nearly 10x larger in the case of a billion dollar fund.
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