Pressures to Adapt in Ernst & Young Hedge Fund Survey


From Ernst & Young This is the Executive Summary of the 2016 Global Hedge Fund and Investor Survey Shrinking returns and escalating investor demands. Downward pressure on fees and unrelenting requirements to have robust operating models. This year, competing forces came together to culminate in the perfect storm. In a year marked by lackluster performance and rising investor expectations, one inevitably […] Read more »

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 »

Decline in Fee Rates at Ashmore Concerns Sell-Side Analyst

By Jonathan Goslin, analyst at Edison Investment Research Although Ashmore Group recorded 22% growth in net AUM inflows during the year, net management fee revenues increased only 4% due to continued declines in management fees. However, continued investment outperformance across the majority of funds at the specialist Emerging Markets investment manager helped drive a 31% […] Read more »