Dutch and Australians bemoan 2/20 fees
Australian and Dutch pension funds believe many alternative asset managers’ fee structures are “grossly” excessive, says Australia’s Centre for Investor Education (CIE). Jamie Nemtsas, director, said the 2/20-style fee structure was a “common stress point” for attendees at the recent Superannuation and Pension Funds Summit on Dutch and Australian Cooperation and Alliance.
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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