Experience Stern | News & Events

Excerpt from Bloomberg View -- "Fund size, the authors found, is related to pay, but the relationship is again weaker than one might think -- on average, only about 15 percent of the fee revenue a fund gets from managing more assets gets passed through to the manager. And the relationship is even weaker for larger funds. Most of those enormous management fees are captured by mutual-fund companies, not by the people managing the funds."

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