N newwurldmn Jul 22, 2016 #11 Deuteronomy_24_7 said: Possibly, but on the other hand management fees 'encourage' excessive asset-gathering. More... That is not as much of a concern. Incentive fees do that as well. The primary risk is in excessive risk taking as that's where people lose their life savings.
Deuteronomy_24_7 said: Possibly, but on the other hand management fees 'encourage' excessive asset-gathering. More... That is not as much of a concern. Incentive fees do that as well. The primary risk is in excessive risk taking as that's where people lose their life savings.