Matt DeLongJan 7, 20221 min readWhy and how do hedge fund managers make so much money?THEY DELIVER VALUE MANY TIMES THEIR FEES. Assume a $1b (USD) hedge fund delivers a 15% return in 2017 — that means they made $150 million for their investors — in 1 year.
THEY DELIVER VALUE MANY TIMES THEIR FEES. Assume a $1b (USD) hedge fund delivers a 15% return in 2017 — that means they made $150 million for their investors — in 1 year.