Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact

News Archive

Read More Industry News >

London HF Cuts Fees

Feb 10, 2013
Jing Chen

London-based hedge fund firm Clive Capital is planning to cut its performance and management fees.

Bloomberg Businessweek reported that Clive Capital’s decision to reduce fees was prompted by clients' redemptions and two consecutive years of losses. Clive will start charging investors in its class B shares a 2% management fee and a 20% performance fee beginning April, down from 2.5% and 25% respectively.

The reduced fees will align Clive with the rest of hedge fund industry, which typically charges investors the standard 2% management and 20% performances fees.

eVestment recently reported that hedge fund guru George Soros and Cliff Asness, the co-founder of quant fund AQR Capital, slammed the industry for its towering fees.

One of Europe’s largest commodity hedge funds, Clive’s assets under management have dropped 46% to $1.95 billion.

Read More Industry News >

eVestment’s 2016 Hedge Fund Industry Outlook

Request Your Copy