Q&A: Partners Capital’s Miranda on –
“Why Few Hedge Funds Are Earning Their Fees”
Bloomberg HF Briefing
Q& A with Stan Miranda highlights that fewer than 20 percent of hedge funds earn their fees, but Partners Capital continue to see high levels of persistent alpha from their core managers. These include sector specialist long short equity managers along with some relatively low fee style premia strategies where alpha is generated from exposure to a dynamic blend of momentum, quality, value, carry and size factors.