The adviser view: What is a fair price for active management?
Survey on fund fees
Harries: "This whole issue of capacity has not been addressed aggressively enough"
After nearly three decades in the industry, I have never seen the issue of fund fees being as dominant as it is today. This prompted us to team up with Incisive Media to ask financial advisers what they consider to be a fair price for active management, writes Ravenscroft's Mark Harries.
Looking at the survey results, some 59% of respondents suggested a fair price for active management was represented by meeting a client's individual investment objective, while in second place - with 31%...
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