Saturday, 25 October 2014
Last updated 1 day ago
Jul 8 2010 | 12:06pm ET
Hedge fund fees remain under intense pressure from investors, with one winning a substantial cut from one Connecticut firm.
Fund of hedge funds shop Tradex has slashed the management fee on its Currency Fund by 25 basis points to 0.75%, HFMWeek reports. Tradex made the move following a request from an investor.
The cheaper currency fund will retain its weekly liquidity.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.