fund expense practices Archives - Convergence Data Service Driven to the Next Level Wed, 18 Jan 2023 12:00:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.convergenceinc.com/wp-content/uploads/2021/06/cropped-logo_large-120-32x32.png fund expense practices Archives - Convergence 32 32 Blackstone Looking To Eliminate Controversial Fee Practice (Bidness Etc) https://www.convergenceinc.com/blackstone-to-eliminate-fees/ Thu, 09 Oct 2014 19:28:09 +0000 https://www.convergenceinc.com/?p=2507 According to a BidnessEtc.com article, the Blackstone Group L.P is planning to eliminate its practice of charging extra consulting fees due to increasing pressure from investors and regulators. It has agreed with its investors to cease charging fees. Fund expense practices have been in the spotlight since the SEC spoke negatively about the practice. The […]

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]]> According to a BidnessEtc.com article, the Blackstone Group L.P is planning to eliminate its practice of charging extra consulting fees due to increasing pressure from investors and regulators. It has agreed with its investors to cease charging fees. Fund expense practices have been in the spotlight since the SEC spoke negatively about the practice. The Convergence Fund Expense Practices Analyzer service provides empirical data that gives Advisors and Investors a view on common and uncommon expense disclosures and their use by advisors and peers for discussion about these fee practices.

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