Old money meets new approaches as Boston’s asset managers update their offerings

Boston’s money management companies have grown over the years by attracting investors saving for college and retirement with index and exchange-traded funds that charge low fees. As costs have gone up, the average fee for an actively managed fund has fallen by half a basis point, or .005 percent, every year over the last 15 years, according to analysis by FUSE Research of Needham.

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Article published on March 4, 2024