Sloppy Decisions At Greenlight Capital & Pershing Square?

Sloppy Decisions At Greenlight Capital & Pershing Square by GlobalSlant

Headline:

Massive Flaws at SUNE [SunEdison] + VRX [Valeant] Were Somehow Missed By Both of These High Profile/Well Resourced Hedge Funds

Much has been written about the very poor Q1 ’16 industry wide hedge fund performance. Hedge funds are clearly under attack primarily because of their fee structures. But it ought to be noted that the performance fees [20%] tied to their high water marks, in many cases, have not been triggered for some time. The management fees, though [in most cases], are still being applied. It seems the legacy hedge fund compensation structure of 2&20 will soon enough be replaced by 2or20. For further insight into this issue...