Mutual fund companies have had to adapt. They've had to introduce passive funds and even mark them heavily in some cases. This, in turn has had an impact on their financials. Since the fee income isn't as high, revenues and profits haven't kept pace. Finshots daily is available on a bunch of streaming platform such as spotfy appl, podcat and gotle podca.
In today's episode for 7th May 2022, we talk about mutual fund companies and their topsy turvy performance.
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