Business Week hedge fund story is so “2005″
| Apr 26th, 2007 | Filed under: Investment Management Fees, Media Coverage of Hedge Funds | By: Alpha Male |
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Warning to those colleagues sitting around my desk: my head will likely explode if I read another media story about high hedge fund fees. But thankfully for our cleaning staff, Business Week’s story this week “Suddenly Hedge Fund Fees Seem High” isn’t really about hedge funds and it’s certainly not about anything ”sudden”. In fact, this story is so 2005.
As the article itself points out, BW itself published a piece nearly two years ago called “A Fee Frenzy at Hedge Funds”. So we’re not sure what the “sudden” realization is. But more importantly, the article seems to take greater issue with private equity than it does with hedge funds anyway.
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