Morgan Lewis partner Roger Joseph spoke with Fund Directions for this feature article on the 2020 outlook for the mutual funds industry. In the article he discussed the trend of advisers lowering fees due to the competitive environment. “There’s every reason to think we’ll continue to see that kind of pressure with no real catalyst on the horizon to alleviate or change that dynamic,” Roger said. “The advisers themselves are being proactive, and that reflects the challenges in maintaining and gaining market share.”
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