‘Widows and Orphans’? Who Owns High-Fee, Poor-Return Funds

With the Securities and Exchange Commission zeroing in on higher-fee, lower-performing funds, an Ignites investigation delves into who’s invested in such laggards. The outflows indicate most investors are able to recognize and avoid high-fee and poorly performing funds, “so that’s a positive,” said Sam Campbell, a partner at FUSE Research Network.

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Article published on November 1, 2022