The End of Hedge Funds

The video discusses the challenges faced by the hedge fund industry, including a decrease in assets and underperformance. It highlights the difficulty of generating high returns in a low-rate environment and the impact of fee structures. The discussion also covers the industry's growth, the role of smart players, and the shift towards cutting fees to improve returns. The video concludes with an exploration of the new world of low returns and the challenges of making absolute returns.

What challenges does the hedge fund industry currently face according to the text?

How has the size of the hedge fund industry impacted the returns that can be generated?

What does the term '2 and 20' refer to in the context of hedge funds?

What are the implications of low returns for pension funds investing in hedge funds?

What is the significance of absolute return versus relative return as mentioned in the text?