Hedge fund investors, fed up with paying billions of dollars in opaque fees, are starting to fight back — with their wallets. Texas’ $200 billion pension fund for teachers, New Mexico’s $17 billion ...
BOSTON (Reuters) - The California Public Employees Retirement System handed fellow U.S. pension funds a hefty club to beat down hedge fund fees and demand better returns this week when it voted to ...
The hedge fund fee structure is based on two components. One is a management fee, and the other is a performance fee. A performance fee is the one that pushes managers an extra mile. Ridiculously high ...
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