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Haitong boss proposes MPF fee split amid uncertainty

Richard Newell
Administrators should be forced to share fees evenly with fund providers, the head of Haitong International has suggested. It comes as the industry grapples with a fee cap set to be imposed on MPF providers.
Haitong boss proposes MPF fee split amid uncertainty

Haitong International's asset management business development head in Hong Kong has recommended a cap on MPF custodian and administration charges, in a bid to let asset managers share fees more equitably.

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