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A Rising Tithe Lifts All Funds (Magazine Version)

The tithe is rising for those looking to worship at the altar of the almighty Alpha.

      (Illustration by Joe McLaren) A difficult fundraising environment and the added costs of burgeoning regulations are driving hedge funds to raise their management fees in what has been a decade-long one-way trend upward toward 1.80 percent. That’s a heavenly new average high, according to HedgeFund Intelligence data. At the same time,

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