HSBC GAM cuts fees on six ETFs as price war continues

The fee reduction comes into effect immediately, with the lowest total expense ratio (TER) dropping to 0.05% on the HSBC Euro Stoxx 50 UCITS ETF. The biggest price drop is on the HSBC FTSE 100 product, which has seen its TER drop from 0.35% to 0.07%, while the MSCI World ETF has seen fees drop from 0.35% to 0.15%. The group has also reduced the TER on the Japan ETF from 0.4% to 0.19%, the MSCI Europe ETF from 0.3% to 0.2%, and the MSCI Emerging Markets ETF from 0.6% to 0.4%. The latest fee cut follows the reduction of ongoing charges across three of HSBC's most popular index tracke...