{"id":88081,"date":"2024-05-01T00:13:55","date_gmt":"2024-05-01T04:13:55","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88081"},"modified":"2024-04-30T23:57:27","modified_gmt":"2024-05-01T03:57:27","slug":"hedge-funds-are-dead-as-a-doornail-says-chairman-of-ultra-rich-investors-club-tiger-21","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2024\/hedge-funds-are-dead-as-a-doornail-says-chairman-of-ultra-rich-investors-club-tiger-21.html","title":{"rendered":"Hedge funds are \u2018dead as a doornail,\u2019 says chairman of ultra-rich investors\u2019 club Tiger 21"},"content":{"rendered":"\n<p>(CNBC) Hedge funds are \u201cdead\u201d as an investment class for the super rich, said Michael Sonnenfeld, founder and chairman of <strong>Tiger 21<\/strong> \u2014 a network of ultra high net worth investors and entrepreneurs. Tiger 21 members\u2019 allocation to hedge funds dropped to 2% from 12% over the past 16 years, data from the network showed. Sonnenfeldt said, adding that investors could get a similar exposure with less fees by investing in index funds, or going into private equity.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/05\/01\/hedge-funds-are-dead-as-a-doornail-for-the-ultra-rich-says-tiger-21.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Hedge funds are \u201cdead\u201d as an investment class for the super rich, said Michael Sonnenfeld, founder and chairman of Tiger 21 \u2014 a network of ultra high net worth investors and entrepreneurs. Tiger 21 members\u2019 allocation to hedge funds [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88081","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88081","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88081"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88081\/revisions"}],"predecessor-version":[{"id":88082,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88081\/revisions\/88082"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}