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DWD Partners - A Hedge Fund With A 0% Management Fee?

The last few years have been tough for global macro hedge funds, the low volatility setting has meant poor performance and assets have subsequently drained out of the sector.  It seems odd, therefore, that you would launch a hedge fund in this hostile macro environment. However, one firm is doing just that and is looking to launch in the second quarter of the year. DWD Partners is being launched by Danny Dayan who agrees that returns in the sector have been meagre in the last few years. He explains that the macroeconomic environment is incredibly complex at the moment, but that...