Wednesday, 30 July 2014
Last updated 13 hours 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…