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%.
If you invest in a well-known hedge fund, you will probably be asked to pay a management fee of about $2,000 for every $100,000 you invest, plus a âperformance feeâ of twenty per cent. This is the industryâs standard âtwo-and-twentyâ formula.