Hermes Calls for Greater Hedge Fund Transparency

Summary


Pension fund manager Hermes has called for a shake-up of the hedge fund industry, demanding greater transparency and fee structures more closely aligned to performance.

The asset manager, which runs BT's pension fund, said it wanted to set up a committee to help drive through reforms on disclosure.

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Hermes Calls for Greater Hedge Fund Transparency

"I believe that hedg...

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