PEOPLE OVERVIEW. The 2016 Redwood City, California, population is 85,288. There are 4,385 people per square mile (population density).
In addition to paying the portfolio manager's salary, the management fee covers the cost of the investment manager's staff, research, technical equipment, computers, and travel expenses to send analysts to meet corporate management. While fees vary, the average equity mutual fund management fee is about 1.40%.
Our analysis shows average fees for managers with less than $1.0 billion AUM ranging from 1.58% to 1.63%.Â§ Â§ Based on this analysis and our survey responses, we estimate that hedge fund managers need at least $300 million AUM to break even.hereas the average amount spent on real estate by firms with $5.0 billion AUM was $2.1 million, that figure jumped to an average $8.6 million for firms with $10.0 billion AUM. Geographic expansion is a key characteristic of firms at the $10.0 billion AUM level.