Why Fee Reduction Is The Purest Form Of Hedge Fund Alpha

By Andrew Beer, Chief Executive Officer of Beachhead Capital In this note, we examine the relationship between the hedge fund fee structure and how it impacts alpha. In the early days of the industry, higher management fees were designed to cover costs of a deep and rigorous research and investment process; performance fees were meant […] Read more »

Why Emerging Hedge Fund Managers Outperform

why emerging Mgrs Outperform illustration 3

Andrew Beer, Chief Executive Officer of Beachhead Capital, wrote an excellent research note recently affirming that the widely known conception that emerging hedge fund managers outperform their more seasoned and larger peers was supported by the available data. This graphic is the nub of the explanation of why this can happen in the case of […] Read more »