AsianInvesterAsianInvesterAsianInvester

Put pressure on manager fees, says State Street’s Gerard

Richard Newell
Some big institutions find index-based investment harder than they expect and should push asset managers to cut fees instead of trying do it themselves, says a State Street executive.
Put pressure on manager fees, says State Street’s Gerard

Too many institutional investors are rushing to get into running passive indexed portfolios, when they should be pressing external fund houses to cut fees, says Daniel Gerard of State Street, a big provider of index products. He also pointed to the dilemma such entities face when it comes to insourcing investment management.

Sign in to read on!
Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?
See here for more information on licences and prices, or contact [email protected]
¬ Haymarket Media Limited. All rights reserved.