Foreign fund firms pay big in Japan
Foreign fund houses spend significantly more on outsourcing expenses and salaries than local asset managers in Japan, finds a new study, among other conclusions.
Foreign asset managers spend more on outsourcing expenses related to operations – not including investment management – than their domestic counterparts in Japan, but the biggest difference is in the proportion of revenue spent on salaries and bonuses, finds a new report*.
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¬ Haymarket Media Limited. All rights reserved.