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Hedge Funds

Future Fund puts high-fees to work

The Future Fund is favouring labour intensive, and therefore higher fee, strategies in areas where too much capital has been flowing to generic low-fee strategies resulting in high prices and low returns. David Neal, managing director of Future Fund, clarified to delegates at ASFA Investment Interchange that fees across the asset management industry are “too […]
CIO profiles

Hartley calls for fee clarity

David Hartley, chief investment officer of Sunsuper, has challenged the industry to publish for members the costs of running their fund alongside the cost of direct fund management fees and an estimate of trading fees. He believes not only do trustees have a fiduciary responsibility to disclose fund costs as a proportion of fees to […]