Average European fund director’s fee falls 16% since 2022
Research from Fitz Partners also finds strong correlation between AUM and compensation
Fitz Partners
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Fitz Partners: One in six fund share classes have changed fees in past year
The Fitz database contains around 40,000 share classes
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Investment advisory fees fall 5% over past year
But still up 11% from 2015 level
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Rising advisory costs eat away at managers’ margins
Asset managers are seeing their margins being eroded because investment advisory costs are increasing while management fees are coming down, research has found.
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Asset managers ‘subsidising’ own funds as fee pressures bite
Asset managers have been forced to subsidise their own funds in order to keep fees low despite soaring costs, research from Fitz Partners has revealed.