As Mutual Fund Fee Discounting Increases, RBC Recommends Three Asset Managers

The deep mutual fund fee discounting that have been battering fund managers is not abating, but rather growing stronger, a research piece from RBC Capital Markets reveals. In this environment of smart beta proliferating and declining active fund manager revenues, there are three large asset managers that remain as standout for a particular reason. Mutual fund fee discounting is a growing trend The report from RBC comes as nearly one year ago fee discounting had become all the rage, when, in a January 2015 report, RBC had said that “no amount of (fee) discounting can make up for bad performance.”…