New Fund Firm Cuts Pay If Managers Don’t Beat the Market

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Peter Kraus tried for years at AllianceBernstein to beat fast-growing index funds. Now with a new firm, he thinks he may have the answer

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....Seems like a way to encourage predatory practices...

Oh no! Not a portion!

That's archaic. New stuff exposes AI to markets and existing laws and initiates deep learning.

This is comical Financial collapse found Goldman Sachs had DUPED foreign banks So Generali decides to invest in Peter Kraus, creepy con whose move from Goldman to Merrill drove UP risk toward COLLAPSE? His victims Merrill $AB and now $ARZGF

Free markets...

It's the incentive plan. Beat the market not the investor

Just another way to make a fast buck. Nothing changes except who is making change! How much more?

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Market won't calm down until the Fed's rate path is clearer: Wall Street veteran Peter KrausFed chief Powell is not going to raise rates as much as he planned, says Kraus but adds the dot plot diagram still says three hikes. Looks like another GOP driven recession on its way soon....Thanks senatemajldr Lower. Fed can be clear on higher trajectory also The path is clear. Rates are going to keep moving up unless the deep state assassinates Powell and reinstates Yellen. Anybody in finance who thinks the path for rates is unclear should not be trusted with money or decisions in general.
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