Survey finds acrimony over fees may be subsiding
|Feb 11th, 2010 | Filed under: Investment Management Fees, Today's Post | By: Alpha Male||
Earlier this week, The Telegraph reported that pension funds were fed up with “high fees” and planned to “tell hedge funds to drop fees.”
Fees are never far from the top of the list of institutional investors’ concerns about asset managers (of all stripes). The Telegraph’s claim was backed up by an interesting duo of surveys conducted by consultancy bfinance. Our reading of the results suggests that last year’s frustration over fees may actually be subsiding. Can we be on the verge of a detente between pensions and asset managers when it comes to fees? You decide… More…
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