Many
hedge funds have gone out of business due to a loss of investor
interest. Or so-so performance that failed to attract followers of the
past.
The
main peeve against them are their charges. In addition to their
standard management fee which is usually set at 2% of assets managed,
they still get about 20% of earnings they produce. That is far too much
for funds doing conventional, non-rocket-science investing.(See the Earl
J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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