Business need
UK asset manager distributing a Luxembourg product range in 10+ markets needed a review of the ongoing costs relating to the regulatory requirements in several markets.
FundGlobam's role
FundGlobam’s team provided a detailed calculation of potential costs savings, a review of all conditions and related agreements with the local service providers, the implementation of the changes, the management of the impacts on all aspects, e.g. the fund documentation.
Results
Manager could lower the funds’ Total Expense Ratios and dedicate thie savings to sales efforts