HSBC underwhelms with tiered fees โ€“ Ignites Europe

‘…Fitz estimates that HSBC’s tiered management fee would represent a 3.6 per cent cut to the firm’s revenues across its World Selection funds. Ms Guthrie says: “The level of assets at which economies of scale can be passed on, and the corresponding discount, should really be reviewed each year as part of the assessment of […]

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