GREY:GLUSF - Post by User
Comment by
rodbharon Nov 29, 2018 2:20pm
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Post# 29040954
RE:RE:Fund Performance
RE:RE:Fund PerformanceThis info should be in the annual reports because it is critical for shareholders to see how the funds are performing relative to benchmark. The fact they don't put it in anymore sugests that results are not good. And if they are lagging their benchmarks I would not be that surprised. The fees they charge are out of line--1 to 1.5% base fees and substantial performance fees on top of that. Given they manage $9 billion I doubt they can overcome that fee drag. To keep this business going long term they may be forced to cut their fees drastically. I think that their current earnings are not sustainable.