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Compliance splitting fund-admin market: UBS

Jame DiBiasio
Mark Porter, global head of fund services at UBS, says regulation and tax compliance is eroding profits and forcing administrators to rethink their business aims.
Compliance splitting fund-admin market: UBS

Fund services may be a “great business”, says Mark Porter, London-based global head of fund services at UBS, but it is also one with rising costs and squeezed revenues.

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