The new management fee structure adopted by Infiniti Capital is likely to ruffle a few feathers in the fund of funds industry. The Swiss investment house is launching a fund of funds, for wealthy individuals and institutional investors, on a zero entry fee basis.
“As far as I am aware, we are the first fund of funds to do so,” says Anric Blatt, chief executive of Infiniti. “While we may get fan mail from clients, we could also get hate mail from competitors,” he jokes.
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