Hedge Fund Fees have been widely criticized over the past few years by investors, for allegedly overcharging and under-delivering. But now the fight over hedge fund fees may include unexpected foe, college students.
Hedge fund fees with paltry performance is causing consternation on college campuses. For every $1 an Ohio university pension fund or endowment receives in investment earnings, 0.65 cents goes to pay hedge fund fees, a new study claims. Students protesting at Wright State University think the money spent on hedge fund manager fees could have better gone to supporting education or paying for student scholarships....
Hedge Fund Fees Under Pressure From Students
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.