Over half asset management leaders planning 2021 fee cuts

Competitive pressures are intensifying, according to survey

Mike Sheen
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Some 19% of all respondents said they were undecided as to whether they would cut fees or not
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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 new 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. Nomura slashes fees across seven funds and introduces...

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