Definition
Compensation paid to an investment manager for running a portfolio.
Why it’s relevant today
Private and active products often carry layered fees.
Why it matters
Fees must be overcome before an investor receives excess return.
Compensation paid to an investment manager for running a portfolio.
Private and active products often carry layered fees.
Fees must be overcome before an investor receives excess return.
Discussion
Sign in to upvote, join the discussion, and keep track of what you learn.
Start the discussion with a question, example, or useful connection.