HFR Asset Management manages separately managed hedge funds on its platform. The firm selects third-party hedge fund managers to trade these accounts and provides portfolio management advisory services. HFR also offers customized strategies and bespoke managed account programs for institutional investors. HFR's clients include banks, institutions, financial intermediaries, family offices, and high net worth individuals.
HFR Asset Management charges a management fee to the Trusts on the HFR Managed Account Platform, generally between 0% and 3.50% per year, depending on the strategy. The fee is accrued each valuation day and payable monthly or quarterly. HFR's management fee for bespoke managed account platforms is generally between 0% and 0.87%. HFR's annual management fee for fund of funds ranges from 0% to 0.85% of the Net Asset Value of the client’s fund interests. HFR may waive or adjust the management fee, incentive fee or fund expenses charged to investors.