Asset managers squeeze fees paid to fund boards – Ignites Europe

Asset managers are squeezing the fees they pay to fund boards, reaching an average of €80,251 per board in 2025, new research shows.

However, while total directors fees borne by funds may be falling, the average fees received by individual non-executives have edged upwards, the research suggests.

Hugues Gillibert, chief executive of Fitz Partners, said the downward trend in headcount on fund boards and a focus on specialist directors were contributing factors to the rise in average pay for non-executives.

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