Clients of Seth Klarman’s Baupost Group pulled roughly $7 billion from the hedge fund in the past three years, losing patience with the famed value investor after a decade of lackluster returns. Most

Investors in hedge funds often gripe about high fees. A new report puts the problem in sharp relief.

Hedge funds have charged their investors $1.8 trillion in fees from 1969 to the end of December 2024, according to data from hedge fund investor LCH Investments on Monday. Over the past 55 years, hedge funds have kept roughly half of the money they make from trading profits,