MUMBAI: In a bid to ward off conflicts regarding management fees and other hidden costs, broking houses have begun offering ‘self-operating’ Portfolio Management Service (PMS) schemes, wherein the client has complete control over his investment, including trade execution powers.
This move may be viewed as a step to calm investors who have often had bad experiences with PMS providers on ‘hidden’ implications like “superlative performance commission”, “brokerage charges” and “excess transaction charges” .
Read More
Friday, September 7, 2007
Brokerages offer self-operating PMS to retain clients
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment