The basic fee of 0.05% in case the funds underperform are quite meagre, will this approach be sustainable? The fee income has to pay for a lot of expenses. The comp for CEO Peter Kraus alone ($6.35 Mio according to Yahoo) would need a fund volume of 12.7 Billion (!!) to pay for, and that leaves NOTHING for any other costs!
AllianceBernstein Fires the Latest Shot in the Fee Wars (Barron's, PayWall)
Academics and Bitcoin - a curious mix
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On a day when there is a report out about the confused approach of
regulators regarding the $200 billion 'cryptocurrency' market another
report caught my e...
6 years ago
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