Fund manager fees set to rise

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GLOBAL - Global consulting firm Watson Wyatt has found that the shift to specialised management and growth in core-satellite approaches have not increased fund manager fees, contrary to popular perception and fees across all asset classes and regions have remained stable in the last three years, although with some downward pressure.

However, the consultants said that rising fee scales are anticipated as managers will also be looking to pass on rising costs, primarily in equities. They may also be able to achieve higher fees in...

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