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Fund Fees Expected to Drop
planadviser; registration may be required
Dec. 5, 2008
Excerpt: The bear market will lead to a proportional decrease in regular fund fees and severe cuts in performance-based fees, according to Boston Consulting Group (BCG). In a recent report, the consulting group said four factors will lead to lower, or at least more volatile, fees: the bear market; margin pressure because of increased investor skepticism; a rising share of performance-based fees; and an increasing share of low-margin products.
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