The conversation around hedge-fund fees is reaching a fever pitch. Blame the talent.
Hedge funds are increasing fees as operational costs rise, causing friction with investors due to underperformance in the current financial climate.
$11 billion ExodusPoint just made a concession on fees. It could be the start of a massive change for hedge funds' biggest names.
ExodusPoint's new share class requires beating T-bills for performance fees, signaling a reaction to market dynamics and a shift in hedging strategies.
The conversation around hedge-fund fees is reaching a fever pitch. Blame the talent.
Hedge funds are increasing fees as operational costs rise, causing friction with investors due to underperformance in the current financial climate.
$11 billion ExodusPoint just made a concession on fees. It could be the start of a massive change for hedge funds' biggest names.
ExodusPoint's new share class requires beating T-bills for performance fees, signaling a reaction to market dynamics and a shift in hedging strategies.