{"id":33757,"date":"2013-02-04T16:09:03","date_gmt":"2013-02-04T21:09:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33757"},"modified":"2013-02-04T16:09:03","modified_gmt":"2013-02-04T21:09:03","slug":"cliff-asness-slams-hedge-fund-fees","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2013\/cliff-asness-slams-hedge-fund-fees.html","title":{"rendered":"Cliff Asness Slams Hedge Fund Fees"},"content":{"rendered":"<p>Business Insider &#8211; First it was billionaire hedge fund manager George Soros saying hedge fund managers were over charging for their services, now it&#8217;s Cliff Asness.<br \/>\nHere what Asness, who founded quant fund AQR Capital told Financial News:<\/p>\n<p>\u201cHedge funds generally offer a nice portfolio (gross of fees!) of passive beta, alpha, and a middle ground we call hedge fund beta or style premia. But, unfortunately, managers like to charge fees as if it\u2019s all alpha.\u201dHe said: \u201cMost hedge fund strategies are more about very competent implementation and fair fees and terms, than they are about \u2018genius\u2019.\u201d<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/cliff-asness-slams-hedge-fund-fees-2013-2#ixzz2Jy0XZ3bf\">Read Complete Story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Insider &#8211; First it was billionaire hedge fund manager George Soros saying hedge fund managers were over charging for their services, now it&#8217;s Cliff Asness. Here what Asness, who founded quant fund AQR Capital told Financial News: \u201cHedge funds [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-33757","post","type-post","status-publish","format-standard","hentry","category-success-stories"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33757","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=33757"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33757\/revisions"}],"predecessor-version":[{"id":33758,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33757\/revisions\/33758"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}