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D.E Shaw Hikes Fees To 40% Amid Dismissal Lawsuit

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Rupert Hargreaves
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Hedge fund giant D.E. Shaw is on a roll. Its Composite Fund, the firm's flagship fund, generated an estimated net return of around 18.5% in 2021, only slightly lagging behind the 19.4% return recorded in 2020. According to Bloomberg, the fund is up a further 20.5% for the year to the end of August.

The firm,...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha