Hedge Funds
Forbes Magazine is out with its list of the managers of Top Earning Hedge Funds. The list is replete with hedge fund names one might expect to see – Ray Dalio, James Simons, David Tepper, Ken Griffin. But looking at the list from a different angle raises the question: In the era of new fee agreements with the emphasis on beta market overperformance, will the top earning hedge fund managers have the same level of abundance if a new fee system is instituted? As the question of hedge fund fees – and underperformance of fund managers relative to a stock market...