Hedge Crunch FinancialSimon Lack
Hedge Fund Fees Going Down
Ever since Alfred Winslow Jones created the first hedge fund in history, hedge funds have charged their customers according to the famed 2 and 20 fee structure. Anecdotally, it is said that AW Jones and Company charged 20% of profits and a 2% management fee based on the exploits of the Phoenician sea captains who […]
Hedge Fund Portfolios: Anthony Scaramucci
Anthony Scaramucci of SkyBridge Capital recently penned a response to Simon Lack’s recent onslaught of books and blog campaigns regarding the ‘stupid’ concept of diversified hedge fund portfolios. Scaramucci, an investor in hedge fund portfolios, claims that Lack’s perspective is severely mistaken. “To claim that investing in a diversified basket of hedge funds is no […]