Eisler Capital在四年后因无法管理的成本和低回报而关闭。 Eisler Capital shuts down after four years due to unmanageable costs and low returns.

Eisler Capital(Eisler Capital)是一家总部设在伦敦的对冲基金,旨在与美国巨头如Citadel和Millennium进行竞争。 四年后,该公司关闭了旗舰基金,理由是工作人员成本不可持续,收费结构侵蚀了投资者的回报。 Eisler Capital, a London-based hedge fund aiming to compete with U.S. giants like Citadel and Millennium, has shut down its flagship fund after four years, citing unsustainable staff costs and a fee structure that eroded investor returns. 人事开支在五年内猛增900%以上,尽管营业额增加了40%,但收入增长速度超过了收入增长。 Personnel expenses surged over 900% in five years, outpacing revenue growth despite a 40% rise in turnover. 对顶尖人才的高额补偿,包括每年收入超过1亿美元的一些人才的高额补偿,证明对于较小的基金来说是无法管理的。 High compensation for top talent, including some earning over $100 million annually, proved unmanageable for smaller funds. 投资者,特别是欧洲退休基金,在回报率下降的情况下,越来越偏向于低收费管理人员,巴克莱斯的研究显示,自由通过资金目前只占贸易利润的不到一半。 Investors, particularly European pension funds, are increasingly favoring lower-fee managers amid declining returns, with Barclays research showing pass-through funds now retaining less than half of trading profits. 虽然伦敦仍然拥有Rokos和Marshall Wace等成功的公司,但纽约在全球对冲基金中占据主导地位,拥有900多名管理人员,而伦敦只有171家。 While London still hosts successful firms like Rokos and Marshall Wace, New York dominates the global hedge fund landscape with over 900 managers compared to London’s 171. 随着大型多战略基金的增长,它们集中的贸易活动日益影响股票流动,导致自2016年以来收入日波动率最高。 As large multi-strategy funds grow, their concentrated trading activity is increasingly influencing stock movements, contributing to the highest earnings-day volatility since 2016.