Bloomberg: Hedge funds copy Citadel fees model in fight for Asia talent

15 November 2023: Bei Hu and Nishant Kumar report for Bloomberg on changing hedge fund charging structures and how a growing number of managers in Asia are looking to adopt a pass-through fees model as they seek to compete in the region with increasing interest from the global multi-manager giants such as Millennium and Citadel. Investors need to take care, cautions Sussex Partners, to understand what expenses are being passed through. Bloomberg subscribers can read the full article here.