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%.
Hedge fund managers are compensated in two ways: a fee for assets under management (AUM) and an incentive fee, which is a percentage of any profits. A typical fee structure may be 2 and 20, where the AUM fee is 2% and the incentive fee is 20% of profits.