Hedge fund investor appetite wanes for high fees private credit

LONDON: Global investor appetite for the most expensive multi-strategy hedge funds has fallen, Goldman Sachs says in a report to clients seen by Reuters, though more investors plan to add hedge funds to their portfolios.

Goldman Sachs’ data from a survey of more than 300 investors like family offices, sovereign wealth funds and pension schemes showed that just 15% expressed an interest in increasing their exposure to multi-manager strategies with so-called pass-through fees, where the hedge fund passes on its costs.