These 8%+ Dividends Are Beating Hedge Funds At Their Own Game [Forbes]
Columbia Seligman Premium Technology Growth Fund Inc (STK)
US:NYSE Investor Relations:
columbiathreadneedleus.com/investment-products/closed-end-funds
Company Research
Source: Forbes
Hedge funds have a big problem: They can't beat the market anymore. If you read the press, you'll see a lot of concern over this. If hedge funds aren't , they're to try to boost their returns. Moreover, the industry mostly keeps shuffling people within its ranks, undercutting the stability needed to make outperformance last. So it's kind of strange that hedge funds are managing more money than ever. The industry was managing $1 trillion in the mid-2000s, a milestone at the time. But now hedge funds are managing more than $4 trillion globally. And they're still growing. Therein lies the issue: Hedge funds are struggling because they've gotten too big. Bloomberg recently published an article titled “ .” This quote sums up the problem nicely: “The industry is now a multitrillion-dollar business, and that kind of size inevitably leads to disappointing results.” PROMOTED Hedge funds, it seems, are victims of their own success. Many of the people I've spoken to in the industry ha
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