How Fund Managers Are Innovating Around Fees

Technology is making tasks in the financial services industry much easier. Activities which once took a team of experts to handle can now be accomplished faster and with greater accuracy thanks to recent advancements. Ernst & Young's 2018 Global Alternative Fund Survey highlighted some key technology trends in the industry and how these trends are helping asset managers cut costs for investors.

Q3 hedge fund letters, conference, scoops etc

Focus on cost management

For example, EY asked investors what they especially want alternative managers to innovate on most and found that cost management was at the top of the list. The firm noted that cost management has the most direct impact on investor returns, which is probably why it...