Strategic Investment Choices
Yen discusses the strategic decision to focus on through-cycle returns and the importance of compounding capital efficiently. He emphasizes the evolving fee structure in the investment industry, highlighting the need for a balanced management fee, a fixed hurdle, and a fair carry split based on demonstrated skill. The conversation reveals the delicate balance between generating value for clients and maintaining a sustainable business model.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Yen Liow - The Quest for the Right Tail at Aravt Global (Capital Allocators, EP.188)
Related Questions
How does Yen Liow explain his sources of edge in investing?
Why do fees matter in investing, as discussed in the episode Money Made By Chance (EP.77) and the clip Active Management Insights?
Why do fees matter in investing, as discussed in the episode Money Made By Chance (EP.77) and the clip Active Management Insights?