Breakingviews TV: Old-school fees

D.E. Shaw is raising fees on its flagship fund to 3 percent of assets and 30 percent of gains. It bucks the downward trend even in hedge fund land, and – as Tom Buerkle explains – it shows how the few firms that have the most are getting more.

from Reuters Video: Breakingviews https://reut.rs/2KVEflO