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Investor complains about waived fee

Wednesday 24th of April 2019
The client had money in a managed fund that closed in July 2018. The investors were given their money back.
But the manager offered them a deal. If they moved to another of its funds, they could do so without incurring an entry fee.
The investor thought this was unfair and an improper incentive to stay with the manager.
He took his complaint to FSCL, saying there might b...
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