Are third-party mancos’ charges unsustainably low? – Ignites Europe

Third-party management companies have been accused of cutting their charges to “unsustainable levels” and potentially “skimping” on their regulatory responsibilities as a result.

Hugues Gillibert, CEO of Fitz Partners, which researches fees in the asset management industry, agreed, saying both mancos and asset managers were increasingly price sensitive.

Gillibert added that low fees would cover manco services “very well” for large funds. “[But] for smaller funds the revenue to the manco would be limited,” he said.

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