Tradex Cuts Currency Fund Fee

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.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of