Fitz: Average fund performance fee drops from historical 'norm'
Performance fee structures vary significantly
Gillibert: "The rates of performance fees should always be compared alongside extra characteristics"
Research company Fitz Partners has found the average performance fee charged by European cross-border funds has fallen from 20% to 16%.
Looking at 1,020 funds investing in the "main asset classes" in its latest edition of its Performance Fee Benchmarking Report and Database, Fitz Partners analysed the calculations of funds' performance...
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