It’s enough to frustrate star traders, leaving them vulnerable to poaching by hedge funds willing to pay more.
Data & Research
Here’s what leaders around the world say must be done.
Investors may be put off by the costs associated with these funds, which had an average expense ratio of more than triple their peers.
The leaders raked in a combined $949 billion over the past decade.
The funds had posted gains over the past decade, but have suffered losses amid this year's coronavirus-driven volatility.
"It's now June and if you’ve been on a deserted island for the last five months you couldn’t have fathomed the movements we’ve seen," an expert says.