It is also not uncommon, unfortunately, to see it based on...

  1. 3,403 Posts.
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    It is also not uncommon, unfortunately,
    to see it based on beating the cash rate.,
    particularly those funds which are long /short or market neutral.
    I too would prefer to see performance hurdles based on an equities index.
    But I would rather be in it than stand aside.
 
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