Is anyone concerned about the poor 3 and 5 year performance by the below two Lighthouse funds?
Both funds shown in the April AUM report show poor performance compared to the benchmarks (except for the Hedge Funds benchmark which is comparatively low).
Expected redemptions were mentioned earlier, but big picture makes me wonder how these high-fee low performing hedge funds manage to survive.
Ann: April 2020 AUM Update, page-27
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