Asset Management

Which asset managers will move first on investment research costs?

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“The question has always been: how does this unfold, at what pace, and will there be a domino effect?” said Substantive Research CEO Mike Carrodus
“The question has always been: how does this unfold, at what pace, and will there be a domino effect?” said Substantive Research CEO Mike Carrodus Photo Illustration: iStockphoto/Getty

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“The horse has already bolted” and “you can’t put the toothpaste back in the tube”. These were among the reactions I got from fund management chief executives last year when I asked if they would overhaul their approach to investment research costs.

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