I call this legalized robbery# Stock
W*n
1 楼
Some of the statistics amassed by Sinon Lack’s The Hedge Fund Mirage (2012)
are astounding:
From 1998 to 2010, hedge fund managers earned $379 billion in fees. The
investors of their funds earned only $70 billion in investing gains.
Managers kept 84 percent of investment profits, while investors netted
only 16 percent.
One-third of hedge funds are funded through feeder funds and/or fund of
funds, which tack on yet another layer of fees. This brings the industry fee
total to $440 billion. That’s 98 percent of all the investing gains,
leaving the people whose capital is at risk with only 2 percent, or $9
billion.
are astounding:
From 1998 to 2010, hedge fund managers earned $379 billion in fees. The
investors of their funds earned only $70 billion in investing gains.
Managers kept 84 percent of investment profits, while investors netted
only 16 percent.
One-third of hedge funds are funded through feeder funds and/or fund of
funds, which tack on yet another layer of fees. This brings the industry fee
total to $440 billion. That’s 98 percent of all the investing gains,
leaving the people whose capital is at risk with only 2 percent, or $9
billion.
