August 6, 2009

Investment News: Fees May Climb More Slowly

Mutual fund assets are on the rise and as a result, investor fees may not go up as much as analysts had expected, according to Chicago-based Morningstar Inc.
Investors poured money back into funds in the first half of 2009 and that, coupled with market appreciation, has led to more assets for fund firms.
But smaller firms may have challenges with fees.
Dan Sondhelm well used as a source for this story.
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