{"id":4609,"date":"2006-06-20T00:00:00","date_gmt":"2006-06-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-managers-dont-deserve-fees","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/06\/2006\/hedge-fund-managers-dont-deserve-fees.html","title":{"rendered":"Hedge fund managers don&#8217;t deserve fees"},"content":{"rendered":"<p><span class=\"ArticleBodyText\">IPE.com &#8211; Hedge fund managers do not always deserve their high fees, according to a recent research report by Barclays Global Investors.<\/p>\n<p>While hedge funds do have some structural advantages, traditional investment firms also attract talented managers and provide their own set of advantages to institutional clients, according to BGI\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s\u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153Five Myths About Fees: The truth behind analysing fees in the context of investment goals\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2.<\/p>\n<p>\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cAlso, keep in mind that the current hedge fund boom has not increased the overall supply of alpha; it was always zero and still is,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said the report.<\/p>\n<p>According to BGI, \u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153hedge funds are where the alpha is \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 they deserve their high fees\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2 is one of five fee myths. The others include \u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153fees should be as low as possible\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2, \u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153incentive fees are better thanfixed fees\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2, \u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153high-water marks always help investors\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2 and \u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153you can always separate alpha from beta and pay appropriate fees for each\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2.<\/p>\n<p>Pension funds today \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 particularly those, which are \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201csignificantly\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d underfunded \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 are \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cin desperate need of alpha\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d, said BGI. \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cThe demand for alpha has never been higher.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<br \/><\/span><br \/><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/3-0&amp;fd=R&amp;url=http:\/\/www.ipe.com\/article_default.asp%3Farticle%3D21005&amp;cid=1107374496&amp;ei=Z76XRL3DI4KuoQLm_s2VDw\">Read CompleteArticle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPE.com &#8211; Hedge fund managers do not always deserve their high fees, according to a recent research report by Barclays Global Investors. While hedge funds do have some structural advantages, traditional investment firms also attract talented managers and provide their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4609","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4609"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4609\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}