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Hedge Funds in August

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So the Barclay Group, which monitors hedge funds states that hedge fund investments gained 1.01 percent in August while the stock market fell 1.5 percent. While the 1.5 percent drop is before fees, there is no information regarding the net return of the hedge funds. Considering the high fees involved, the real returns may be comparable.

While we’re on the topic of Hedge Funds, the New York Times has a nice story about the former C.E.O. of UBS’s investment bank who quietly stepped down to manage a huge new hedge fund.

Updated July 16, 2010 and originally published September 9, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 1 comment }

avatar neslonal

The hedge fund return after fees would be roughly 0.63%. Most hedges take 20% of
the profits with an upfront fee (2%/year is common). 1% less 20% (performance) less
0.17% (maintenance). The trick to a hedge fund is that they are not supposed to
have very many bad months or they do not survive long.

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