Thematic: Hedge funds do add value

Hedge fund managers genuinely add value and are worth their fees, according to the latest Barclays G...

Hedge fund managers genuinely add value and are worth their fees, according to the latest Barclays Gilt and Equity study. This year's study, which examines a different asset class in depth each year, looked at hedge funds, trying to determine whether or not managers truly earn their fees and if similar performance could be achieved passively. Report authors, including Tim Bond of Barclays, said they were surprised to find hedge funds truly do what they are supposed to and the returns they produce are not easily, or cheaply, replicated. That said, Bond was not without criticism of the hedg...