Hedge funds are entirely voluntary transactions on the part of participants. | Hacker News

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		thrill 6 months ago \| parent \| context \| favorite \| on: Hedge Funds Are Pocketing Much of Their Clients' G... Hedge funds are entirely voluntary transactions on the part of participants.

chris_va 6 months ago [–]

Doesn't mean said participants can't get together and complain about it to try and improve market liquidity

usefulcat 6 months ago | [–]

How is market liquidity relevant here?

chris_va 6 months ago | | [–]

HFs are not very liquid, which makes it easier for managers to charge fees without losing their book of business.

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