Hedge Funds Cost New York Pensioners $3.5 Billion

Hedge fund fees have been a hot topic this year. Hedge funds have always attracted plenty of criticism for their high fee structure, but recently, as performance has deteriorated and the cost of beta has pushed to new lows, the clamour surrounding hedge fund fees has intensified. Q3 hedge fund letters US Hedge Funds Hold $2.2 Trillion In AUM; 3,170 HFs managers and 3,209 active institutional investors located in US Hedge Funds Profit Off Donald Trump’s Blunders The biggest question hedge fund investors are asking is whether or not funds performance justifies the high fee structure. In most cases, it…