08 December 2020
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Some 19% of all respondents said they were undecided as to whether they would cut fees or not
The majority of leaders in asset management are planning to reduce their fees as competitive pressures continued to escalate during the pandemic, according to research by Brown Brothers Harriman.
The survey of asset management C-suite level leadership found 52% of respondents were planning to reduce expense ratios over the next 12 months. Unsurprisingly, the Covid-19 pandemic was identified...
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