The Traderszone Network

Published in TZ Latest News 26 October, 2017 by The TZ Newswire Staff

Fee war between private equity firms and pension funds is heating up

The country’s big public pension plans are increasingly unhappy about the high fees fund managers charge them. The question is: do they have any viable alternatives? “With fundraising so robust, managers could say, ‘Look, you guys are too difficult, I’m not going to put up with that, and I will fill your subscription with somebody else,’” Karen Rode of fund manager of advisory firm Aon Plc told Bloomberg. “Demand is so great, limited partners don’t […]

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