Asian investors nonplussed by high fund fees: Morningstar
Asian fund investors may continue to pay fund fees that are higher than other parts of the world as the region's commission culture is unlikely to change.
Asian investors are unimpressed by their experience with mutual funds, in large part due to relatively high fees and expenses attached to the products. Unfortunately, the cost of funds in the region looks set to remain above that of other regions, according to Morningstar’s latest biennial report.
The research agency's Global Fund Investor Experience (GFIE) study measures the experiences of mutual fund investors in 25 countries across North America, Europe, Asia, and Africa. Each …
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