The latest
Uncategorised posts

Hedge funds charge more than private equity

Fee comparison between hedge funds and private equity is riddled with complexity, but a research paper by specialist alternative consulting firm, Cliffwater – that weighs outcomes by their likelihood of occurrence – finds a fee cost for the typical hedge fund equals 32 per cent of gross profits, while for private equity it is 25 […]
Uncategorised posts

Ohio uncertain on alternatives consultant

The $72 billion Ohio Public Employees Retirement System is looking for an investment consultant to advise on its $10 billion alternatives program, and is considering whether to hire separate consultants for each asset class or one consultant to advise on the entire program.
Uncategorised posts

Investor behaviour erodes performance

Performance is eroded by institutional investors’ decisions around hiring and firing managers according to the preliminary results of a behavioural study by Boston University that links qualitative factors such as committee characteristics with earlier empirical research on performance.
Uncategorised posts

Investors win with new hedge fund fee model

Hermes BPK, the hedge fund-of-funds (HFoF)  provider majority-owned by Hermes Fund Managers (which itself is fully-owned by the UK’s largest pension fund, the BT Pension Scheme), has completed work on an innovative performance fee model which will allow investors to clawback any unearned performance fees.
<182of254>