Hermes overhauls the fund of funds model
March 02, 2010
Hermes BPK Partners has set out to change industry attitudes with its investor-centric ethos
Hermes BPK Partners has set out to change industry attitudes with its investor-centric ethos
Hermes BPK Partners launched its first fund of funds just over a year ago with a massively ambitious goal. Its aim is to reshape the fund of hedge funds model to be more fully aligned with clients' interests. "We in the industry have to start earning our fees instead of taking fees," says Matteo Dante Perruccio, chief executive officer.
Cynics may...
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