Opalesque reports: Bailey McCann, Opalesque New York: Fees for active management continue to fall, according to a new report from data provider Investment Metrics. The report includes data from both US and non-US actively managed funds.
On average, active U.S. & Non-U.S. fees came down 4% last year, Investment Metrics says. Investors also appear to have more power when it comes to renegotiating mandates. If a mandate was reviewed and there was a significant change in fees, cuts ranged between 7-11%.