Hanky Panky By Hedge Funds Is No Secret, Study Says
Institutional Investor's Alpha
April 3, 2013
Jordan A. Thomas comments on hedge fund industry survey; is surprised by some of the responses
"The question about compensation pressures shows a fundamental disconnect because what people say they stand for and how the internal policies actually work," says Jordan Thomas, a partner at the law firm Labaton Sucharow in New York, which sponsored the survey, along with the HFA and Reuters Hedgeworld. Respondents came from member and subscriber databases supplied by the HFA, Hedgeworld and market research firm ResearchNow.
Thomas says he was surprised at the responses in that he expected a more positive bias toward the industry from those who work for hedge funds.