Eric Peters: Hedge Funds Suffering As Golden Age Of Information Passes

Eric Peters, chief investment officer at One River Capital Management, thinks he understands hedge fund under-performance in an “Alice and Wonderland” world. In his recent weekly letter he points to central bankers mind-altering influence on free market supply and demand, but the real issue is about access to information. During the golden age of information, Wall Street had an edge that no longer exists, he asserts. Eric Peters: It is the general lack of market information that benefited the elite There was a golden information age for hedge fund managers, the outspoken Eric Peters noted in his much-watched weekly newsletter….