Albourne Takes Aim at Hedge Fund Fees

Bloomberg Video
Albourne Takes Aim at Hedge Fund Fees
Oct. 18 -- The global hedge fund industry is facing an investor backlash over poor performances and hefty fees. Investors are pulling out, as volatile markets markets lead to unspectacular returns. Albourne Partners is one of the biggest hedge fund advisers, and chairman Simon Ruddick says investors have had a raw deal recently.
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