UK hedge fund manager slams Swiss bank fees

12th October 2010, Comments 0 comments

London-based hedge fund manager Crispin Odey launches a new wealth management service with a one percent flat fee structure to undercut big banks such as UBS and Credit Suisse. Odey, a critic of the UK governments tax increases who has helped launch a Geneva-based investment firm, says large financial institutions offer the wealthy a raw deal through high management and performance fees.

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