Indexes Trounce Hedge Funds — Again

From Focus on Funds
December 24, 2012 - 11:21am

There are reasons why people invest their money in a hedge fund — it’s glamorous and exclusive and, yes, sometimes you get ridiculously outsized returns. But you also pay ridiculously high fees which, once they’re factored in, mean that the typical hedge fund does worse than the market: The S&P 500 has now outperformed its [...]

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