1. Powerful Hedge Funds with Mediocre Performance are Charging Investors Even Higher Fees Than we Thought

    Powerful Hedge Funds with Mediocre Performance are Charging Investors Even Higher Fees Than we Thought

    NEW YORK (Reuters) - Investors are starting to sour on the idea of reimbursing hedge funds for multi-million dollar trader bonuses, lavish marketing dinners and trophy office space...

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    1. It's stunning to me to think you would pay more than 2 percent.
    2. High fees and expenses are hard to stomach, particularly in a low-return environment, but it's all about the net.
    3. It's really against the spirit of a partnership.
    4. Even with the right legal disclosures, it rarely passes a basic fairness test.
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