► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />After several years of disappointing returns, investors are questioning whether hedge funds are worth their high fees. US Investment Correspondent Stephen Foley gives Troy Gayeski of funds manager Skybridge Capital a chance to defend the industry.<br /><br />► FT Markets: http://bit.ly/1J5HNd3<br /> <br />► FT Global Economy: http://bit.ly/1J5mmqH<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes