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 ...
They’ll charge it to the clients anyway, and the compliance person will grumble. They won’t charge it to the clients — the management company (which is in most cases mostly owned by the guy who ...
While BlackRock hopes to take on industry giants such as DE Shaw, Citadel and Millennium, STA uses a variation on a ...
A report from Goldman Sachs says there are trillions of private wealth assets interested in hedge funds. They could give ...
Ackman is one of the world’s best-known hedge fund managers with large stakes in corporate giants including Uber, Alphabet, ...
HONG KONG (Reuters) - After years of earning huge fees from hedge fund clients, investment banks are eying yet another way to extract revenue from these treasured customers. Banks such as Morgan ...
Preparing to launch a hedge fund in 2017, Arnaud de Lasteyrie faced a tough choice: limit himself to running money ...
More business demands a larger workforce. Millennium, the largest fund, has doubled its head count since the pandemic, to ...