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Rating:Fido and Vanguard Dominate the Performance Fee Biz Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, January 05, 2011

Fido and Vanguard Dominate the Performance Fee Biz

News summary by MFWire's editors

Together Fidelity [see profile] and Vanguard [see profile] account for a whopping 80 percent of all mutual fund performance fees. The Wall Street Journal's Chris revealed that tidbit (gleaned from Lipper data) and more today in the WSJ's special monthly investing in funds section. Fundsters interested in performance-based fund fees may want to read the full article.

Several industry insiders weighed in for the article, including: Fidelity spokeswoman Sophie Launay; Strategic Insight senior research analyst Loren Fox; New York University's Martin Gruber; TFS Capital [see profile] spokesman Sam Harris; Vanguard principal and portfolio review chief Chris McIsaac; Max Rottersman, principal of asset management consultant Hanover Technology Group; and Vanguard spokesman John Woerth

Edited by: Neil Anderson, Managing Editor

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