GSA May Launch Low-Fee Quant. Fund

Jun 18 2013 | 10:59am ET

Another hedge fund firm is mulling a low-fee approach for its next offering.

GSA Capital Partners may launch a quantitative trend-following hedge fund that charges no performance fee, Financial News reports. It is unclear how high a management fee GSA would seek for the fund.

Word of GSA's plans follows news that Algebris Investments will launch a long-only financials fund that charges just a 0.9% management fee. Earlier this year, Cantab Capital Partners rolled out a managed futures fund that charges only 0.5% for management and 10% for performance, far below standard industry rates.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

Securities and Exchange Commission Chair Mary Jo White will step down as chair of the nation’s Wall Street overseer in January, setting the stage for a potential conservative shift in the regulator’s leadership under the incoming Donald Trump administration.