4 ms·
I get that the fees can't be comparable, but without passive management, active management fees are unchecked, and they rose a lot over time. I'm willing to ag
by pwthornton 7y ago
I get that the fees can't be comparable, but without passive management, active management fees are unchecked, and they rose a lot over time.
I'm willing to agree that it should cost an order of magnitude more for an actively managed fee, but most are beyond that.
A lot of this seems like plain greed to me, combined with grift and graft. A lot of workplace plans try to funnel people into actively managed funds that often charge really high fees.
- whatok 7y agoI'm not sure how fees are unchecked. Active management fees have fallen quite a bit over the past 5+ years. A lot of mediocre managers have gone out of business and many more probably will as well. Additionally, new fund launches are near all-time lows.