Skip to Content

Thursday, September 24th, 2020

New Singapore, Hong Kong rules may upend wealth management fee-sharing

by April 14, 2017 General

New proposals are being considered to require wealth managers in Hong Kong and Singapore to disclose fees they are paid to sell products, a move that would upend many firms’ business model, reports Reuters.

The increased scrutiny of fee-sharing could lead to a drop in fees for managers and even push investors to buy products directly from fund managers.