
Corporate Moves
Vanguard Announces Fee Reductions Across 108 ETFs
According to the firm, the reduction is its largest fee cut to date.
The framework, now out for comment, calls for extending GIPS to outsourced investment managers, with rules for things like fee disclosures and benchmarking.
Investors in the in-vogue asset class hope that rising yields will boost their take.
Amid an attrition trend and a performance lag, the smaller operators are closing.
LACERA’s Grabel and WTW’s Vodolazschi explore this wide-ranging asset category in CIO's webinar.
Morningstar research also says fees are ‘a reliable predictor of future returns.’
Consultants Agecroft Partners say that a turnaround in overall hedgie results is bringing a brighter picture.