Friday, 9 October 2015
Last updated 2 hours ago
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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…