MIFID II : consequences on small-cap stocks27/02/2019
Decline of liquity and quality of research : here are the main consequences of MIFID on small and mid caps... View Article...
On March 22nd the Financial Times published its comments on a new survey by the Investment Company Institute about fees on US equity funds. This survey shows that these fees keep going down year after year, under the pressure of competition coming from low cost index funds.
The average Total Expense Ratio (TER) was 0.55% in 2018, againts 1.00% in 2003.
Investment Company Institute – key findings
FT : Asset managers slash expenses as ‘feemageddon’ bites