Soros Says Hedge Funds Can’t Beat Market Because of Fees – Bloomberg 01-25-13

Salient to Investors:

George Soros said institutions that invest in hedge funds should expect poor performance because of high fees – typically 2 percent of assets and 20 percent of returns – and because hedge funds are such a dominant force in the market, so can’t, as a group, outperform it.

Soros said hedge-fund performance will be impeded because managers and investors are reluctant to take risks, and outperforming with low volatility on a consistent basis is impossible.

Read the full article at http://www.bloomberg.com/news/2013-01-25/soros-says-hedge-funds-can-t-beat-market-because-of-fees.html

 

Free email alerts of articles as soon as they are posted.