Deep Dive into Hedge Funds (Capital Allocators, EP.34)
Capital Allocators – Inside the Institutional Investment Industry
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The Evolution of Hedge Funds
Investors have gotten more sophisticated about what they were buying. As the fees of what's truly excess return come in, I think you'll see more and more of the fees come in. The challenge is today there's two or $3 trillion invested in an embedded fee structure. And it's going to take a long time for that to evolve.
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