{"id":3113,"date":"2005-05-13T00:00:00","date_gmt":"2005-05-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sec-chairman-warns-pressures-hedge-fund-manangers-justify-high-fees","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2005\/sec-chairman-warns-pressures-hedge-fund-manangers-justify-high-fees.html","title":{"rendered":"SEC Chairman warns about Pressures on Hedge Fund Managers to Justify High Fees"},"content":{"rendered":"<p>WEST PALM BEACH, FL (www.hedgeco.net) &#8211; The Chairman of the Securities and Exchange Commission, William Donaldson has warned that pressures on hedge fund managers to justify the high hedge fund feesby achieving higher returns could lead to problems in the near future.<\/p>\n<p>  Donaldson said, \u00c3\u00af\u00c2\u00bf\u00c2\u00bdEvery week seems to bring another article in the press about the crowding of hedge funds into similar investment strategies and the difficulty that this implies for hedge fund  managers eager to post market-beating returns.\u00c3\u00af\u00c2\u00bf\u00c2\u00bd Mr. Donaldson made his remarks at the Foundation Financial Officers in Washington.<\/p>\n<p>  Lately hedge fund performance and returns have been the focus of the Chairman\u00c3\u00af\u00c2\u00bf\u00c2\u00bds speeches. He also made similar statements in Philadelphia, amid concerns of the market over the downgrading of  General Motors Corp. and Ford Motor\u00c3\u00af\u00c2\u00bf\u00c2\u00bds bonds, which were recently downgraded to \u00c3\u00af\u00c2\u00bf\u00c2\u00bdjunk bond status.\u00c3\u00af\u00c2\u00bf\u00c2\u00bd<\/p>\n<p>  The SEC Chairman said, &#8220;If history is any guide, it is just this sort of pressure that can lead otherwise well-intentioned professionals to pursue practices that can ultimately result in disaster  for the investors that they serve.&#8221;<\/p>\n<p>  .<\/p>\n<p>  Paul Oranika<br \/>  Editor-in-Chief<br \/>  HedgeCo.Net<br \/>  Email: Editor@hedgeco.net<\/p>\n<p>  <b><font color=\"navy\">HedgeCo.Net is the most popular hedge fund database and community in the world. Membership on <a href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is free and easy. We also offer  free listings for Hedge Funds!<\/font><\/b><\/p>\n<p>  <b><font color=\"navy\"> <strong>Be sure to check out our sister sites. <a href=\"http:\/\/www.hedgefundlounge.com\">www.hedgefundlounge.com<\/a>, <a href=  \"http:\/\/www.hedgefundtools.com\">www.hedgefundtools.com,<\/a><\/strong> and <a href=\"http:\/\/www.hedgefundemployment.com\"><strong>www.hedgefundemployment.com.<\/strong><\/a><\/font><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, FL (www.hedgeco.net) &#8211; The Chairman of the Securities and Exchange Commission, William Donaldson has warned that pressures on hedge fund managers to justify the high hedge fund feesby achieving higher returns could lead to problems in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3113","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3113"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3113\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}