Jackson: Multi-strategy pod shop investors keep only ~45% of gross returns
John Jackson · Raelan Lambert, John Jackson, and Erik Sebusch – Inside Mercer Consulting (EP.345) · Oct 23, 2023 · at 31:00
John Jackson, Partner at Mercer Alternatives, discusses the economics and aggressive pass-through fee structures of multi-manager hedge fund platforms.
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“We've seen the pass-through cost structure eat away at investor returns, so now I think on average the end investor is keeping around maybe 45% of the gross return”
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