The Trouble with Hedge Funds

January 13, 2015 6:30am by

Over the past few years, I have spilled quite a few pixels about issues with Hedge Funds from an investor’s perspective (See e.g., this, this, this, this and this).

My 4 primary complaints are 1) Poor performance; 2) High Fees; 3) Inflated — phoney really — expected returns; and 4) Mis-classification of HF as an asset class.

FT Alphaville has done yeoman’s work covering the finance industry’s coverage of the hedge fund industry. Here is a quick list of some of their commentary:

  1. Return of the living dead, hedge fund edition
  2. The great diversification bait and switch
  3. Step one in zombie prevention: pants on
  4. A managed futures smackback to the Bloomberg takedown
  5. Another walking dead update
  6. Zombies are the wrong kind of mean
  7. Two and twenty is long dead and buried
  8. Three things long/short hedge funds cannot do (well)
  9. Smart enough to avoid a zombie bite?
  10. Sour sixteen, a pre-Zombie update
  11. The zombies have representation, and would like to respond
  12. The world’s most successful hedge fund is not a hedge fund
  13. Can we finally lay to rest the idea that zombies justified their existence in 2008?
  14. Pre-Zombie update
  15. Zombie hordes thrive, await further hedge fund corpses
  16. Pre-zombie update
  17. Pre-zombie update: slow, steady and hungry they march
  18. One in four lose some more
  19. Most hedge funds fail
  20. The hare gets rich while you don’t. Back the passive tortoise
  21. Hedge Funds and the problem of structure
  22. Calpers ditches hedge funds [Update]
  23. The (obscene) cost of hedge funds [Update]
  24. The sun also sets
  25. Dear hedge funds, it’s not you, it’s the fees

Subscription required; YMMV.

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:
  1. BigBlueCrab commented on Jan 13

    I’ve yet to read any meaningful explanations on what is, and will will be happening, / or not, due to oil going from 100 to 47 in as many weeks!!?? Believe me, I know not the first thing to even begin to comment, but wow, I expected to be watching speculators jumping from windows this week. Nary a mention anywhere I look…..hmmmm?

  2. Vitus Capital commented on Jan 14

    Great compendium; much appreciated!

    Now, one for private equity…

    • Vitus Capital commented on Jan 15

      Tweeted this to friend. He could not open due to the login rqmt.

Posted Under