Tuesday, 31 May 2016
Last updated 1 hour ago
Jul 8 2010 | 12:06pm ET
Hedge fund fees remain under intense pressure from investors, with one winning a substantial cut from one Connecticut firm.
Fund of hedge funds shop Tradex has slashed the management fee on its Currency Fund by 25 basis points to 0.75%, HFMWeek reports. Tradex made the move following a request from an investor.
The cheaper currency fund will retain its weekly liquidity.