By Simon Kerr, Publisher of Hedge Fund Insight Eurekahedge has just published its annual review of funds of hedge funds. It is difficult to find any good news in it. The divergence of the paths since the Credit Crunch of the single manager and multi-manager hedge fund businesses is well known, and is reflected in […] 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 »
