TCI to cut fees | Hedge Funds | Alternative Investments
  • English   Deutsch   
  •  GMT      
  • LONDON      
  • FRANKFURT      
  • NEW YORK      
  • SAO PAULO      
  • TOKYO      
  • SYDNEY      
Hedge Fund Database
Morgan Hedge Fund Database
USERNAME

PASSWORD

FEATURED SERVICE PROVIDER

  Hedge Fund Search
Name, ISIN, Ticker:
  

Hedge Funds Search Detailed Search
  Hedge Fund Directories
Listed Hedge Funds:9,950
HF Professionals:16,367
Service Provider:515
TCI to cut fees
 
  Hedgeweb - WED, JUN 24 2009
Funds & Investment The $9.5bn activist fund, run by Chris Hohn, proposed cutting fees and easing withdrawal limits to retain clients after top executives quit and it lost 43 per cent last year.

Under the proposed terms clients would pay 1.5 per cent of assets if they remain with The Childrenâ??s Investment Fund (TCI) after their three- or five-year commitments to the London-based fund expire.

Clients could also withdraw their money quarterly once they have been in the fund for a minimum of six months.

 
 
© Morgan Hedge™ · HEDGEweb™
Morgan Hedge and HEDGEweb are Trademarks of morganhedge.com, TAA LLC and VIImedia S.A.