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Fees

Price war hitting active fees, too

Fee compression is here to stay. Only the few active managers that have met their benchmarks over the past few years have been immune. But make no mistake, asset owners will be reviewing all strategies for their value and fee models will continue to evolve.
Equities

Factors trump skill: MSCI

MSCI research has shown that, among top-performing funds, more than half of active returns come from factors, rather than manager skill, and style factors have the biggest impact.
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