Asset Management Fees Fall For The First Time Since 2008

Our series on falling asset management fees and the impact of blockchain tech continues below. Updated July 12 11AM EST.

Asset management is quickly becoming one of the most disrupted industries with everyone from regulators to tech investors battering on the doors. The onslaught hasn’t been helped by managers’ own decision to keep fees high as performance has deteriorated, which is only speeding up the pace of change.

Last year the pace of change for the industry really started to pick up. According to the 15th annual study of the industry by The Boston Consulting Group (BCG), the report, titled Global Asset Management 2017: The Innovator’s Advantage, notes that for 2016 as a whole, for first time since the 2008 financial crisis,...