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In brief: Fund admin offers fee discount for women

Funds with over 50% women ownership or a woman founder will be eligible to receive 'preferential service terms'.

IQ-EQ, an established name in the fund services business, has said it is offering a 15 percent fee discount, as well as tailored training programmes, to women raising first-time funds.

“Funds with over 50 percent women ownership or a woman founder will be eligible to receive preferential service terms, tailored fund administration solutions, capacity building and access to a global network,” the company said.