Remove 2022 Remove Fee Structure Remove Performance Fees
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Transcript: Ilana Weinstein

The Big Picture

2022 was certainly a challenging year for a lot of the hedge fund industry and it really separates the winners from the also-ran. She is uniquely situated to see what goes on in the hedge fund industry in terms of not just performance but what makes for a great PM versus an also-ran (ph). At the end of 2022, he asks for a meeting.

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Transcript: Graeme Forster, Orbis Investments

The Big Picture

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. And when they’re not generating alpha, when they’re underperforming, they actually return fees. 00:24:31 [Speaker Changed] We refund the fee.