ETFs face continued pressure on fees
ETF fees are fairly permanently in the spotlight and the current price war between providers means that fees appear to continue to be pushed down.
Allan Lane, Founding Partner, Algo-Chain says: “The topic of lower fees remains the most vexing question of the day. Without a doubt, lower will attract more assets, but in the long run the piper does need paying. There's no turning back, lower fees, or even zero fees are here to stay. What this means though, is that across the value chain it will be a case of musical chairs as brokers step in and try to do more in the model portfolio space.”