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Hedge Funds Cost New York Pensioners $3.5 Billion

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Rupert Hargreaves
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Updated on
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Hedge fund fees have been a hot topic this year. Hedge funds have always attracted plenty of criticism for their high fee structure, but recently, as performance has deteriorated and the cost of beta has pushed to new lows, the clamour surrounding hedge fund fees has intensified.

The biggest question hedge fund investors are asking is whether or not funds performance justifies the high fee structure. In most cases, it appears the industry is split on how to answer this question. Some funds such as Bridgwater appear to...

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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