they earnt what a billion dollars come on they can afford an extra 2% don't be so tight GD
Profit in $$$ is a useless stat. If QF use $6 billion in assets to achieve $1 billion in returns - what's the return on that. Then factor in the risk they take to achieve that above the risk free rate.... that's what determines a good return or not.
To make a silly example, $1 billion in profit using $100 billion in assets is horrible.
If you chew into that $1 billion (and with an agreement over the long term) you devalue the company.