Hidden Currency Costs Exceed $370m in Three Years - Now MillTechFX is Changing the Industry
London (ots/PRNewswire) - Some clients are still paying more than they need to - or should do - for FX. In an article in the FT, a research analysis of more than 2,000 funds showed the cost of swapping dollars into other currencies cuts 3.2% of returns, which would have been made from the underlying asset. According to the research, custody banks charged an average of ...
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