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: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

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

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of