Hedge Funds' Two and Twenty Model Is Broken: Jeff Saut

Jeff Saut, chief investment strategist at Raymond James, and Ian Shepherdson, founder at Pantheon Macroeconomics, discuss the changes to the hedge fund industry and what changing interest rates may mean to markets. They speak on "Bloomberg Surveillance." (Source: Bloomberg)

Full Show: Surveillance (08/15)
41:06 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Richard Lacaille, chief investment officer at State Street Global Advisors, Gideon Rose, editor at Foreign Affairs Magazine, and Norman Lamont, U.K. Trade Envoy to Iran and former Chancellor of the Exchequer. (Source: Bloomberg)
  • Full Show: Bloomberg Markets Middle East (08/15)
  • Full Show: What'd You Miss? (08/14)
  • Full Show: Surveillance (08/14)