(Valuewalk) Hedge fund fees with paltry performance is causing consternation on college campuses. For every $1 an Ohio university pension fund or endowment receives in investment earnings, 0.65 cents goes to pay hedge fund fees, a new study claims. Students protesting at Wright State University think the money spent on hedge fund manager fees could have better gone to supporting education or paying for student scholarships. Twelve Ohio colleges and universities paid $425 million in fees to hedge fund fees since the 2008 global financial crisis – enough to pay for 8,000 scholarships…..
Hedge Fund Fees Under Pressure from Students
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