Hope more hedge funds go the ETF route. It's stupid to have funds the size of large cap companies. Let more people have access to managers. 2/20 closed fund is annoying.
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Once the hedge fund reaches certain size the managers should break off and form new funds.
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I guess that's why we manage our own money because the best managers are inaccessible.
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Replying to @amnesiabourne
The very best managers manage their own money because they don't want the headache.
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Replying to @DanielleFong
We need someone to set them up and run all the compliance, etc.
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