| 07.11.2013 Other Voices: Why fee reduction is the purest form of alpha |
| This article as authored by Andrew Beer, CEO of U.S.-based Beachhead Capital Management. You can access the full version by clicking on the link at the bottom. In this note, we examine the relationship between the hedge fund fee structure and how it impacts alpha. In the early days of the industry, higher management fees were designed to cover costs of a deep and rigorous research and |
| Article source: http://www.opalesque.com/files/FeeReductionandAlphaGenerationv1.6.pdf - Opalesque is not responsible for the content of external internet sites |