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Asset Management / Wealth Management
Lower-cost products grab market share
Shift in share class preference and strategies driving fee compression in mutual funds
The Asset   3 May 2021
A shift in share-class preference and assets moving into lower-cost investment strategies are the biggest factors driving fee compression in mutual funds. Institutional and R6 shares have seen their market share rise from 43.0% in 2015 to 53.8% as of second quarter 2020, according to the latest edition of Cerulli Associates’ US Asset and Wealth Management.
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