A number of high profile investors have opted out of hedge investment in the first half of 2016. Examples include AIG, MetLife and NYCERS, citing poor performance as the foremost factor, but also expressing concerns with regard to management and performance fees....
It is no secret that institutional investors are the bread and butter of the hedge fund industry. Those doubting that statement should take a moment to review the media coverage surrounding the CalPERS redemptions announced in the fall of 2014. While wealthy...
Hedge funds and Republicans have at least one thing in common—media pundits rarely pass-up an opportunity to take a swipe at them when they falter. And hedge funds have faltered. Hedge fund assets under management (AUM) fell below last year’s hard won $3 trillion...
Since the California Public Employees’ Retirement System (CalPERS) made the decision to redeem $4 billion of its assets from hedge fund investments in Q4 of 2014, no major hedge fund investor has made a similar public statement of similar intentions…until now. During...
In the fall of 1992, George Soros rose to prominence by winning his gamble against the British Pound, earning not only a place in history but, $1.5 billion in profits. Today, many prominent names in the hedge fund industry are seeking similar results at the expense of...
Hedge funds, in the aggregate, turned in an abysmal performance in 2015. Moreover, this appalling performance hangs like an albatross around the necks of funds both small and large, making the prospect of growing assets under management (AUM) that much more...
