In BoardIQ, Investment Management Partner Paulita Pike Discusses Subadvisor Fees
An article published by BoardIQ on Jan. 30 titled “Fee Pressure From Boards Seeping Down to Subadvisers” discusses reductions in mutual fund subadvisor fees due to pressure board directors are exerting on fund advisers to keep costs down. Investment management partner Paulita Pike is quoted in the piece. The forces impacting advisers’ profitability have prompted directors to talk with management about what the firm has to do to survive, stated Ms. Pike in the article. That could translate into management reviewing contracts and expenses associated with many services providers from the transfer agent to subadvisers, Ms. Pike continued.