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Investment platforms face fee challenge

Stewart Oldfield

Ed Robinson, co-founder of the US-based retail investment platform Stash, has a message for fellow platforms operators around the world still charging excessive basis points of funds management – competition is coming and there is going to be no place to hide globally.

“There is a huge movement happening right now and it’s about giving people access to the market and it’s only a matter of time before it goes global. Only the best products are going to win,” he says.

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Stewart Oldfield is a director of market intelligence firm Field Research.

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    Original URL: https://www.afr.com/wealth/personal-finance/investment-platforms-face-fee-challenge-20210328-p57eqa