Post: Fabulous Fulcrum Fees From Fidelity

Fabulous Fulcrum Fees From Fidelity

Fidelity is a global investment company with 45,000 employees and $6 trillion in customer assets under administration: when Fidelity talks people listen. They have just announced that they will offer performance-related fees ("fulcrum fees") because active fees are a "challenge the industry can no longer duck and has to tackle head on... only active managers who provide demonstrable value will thrive".

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