Thursday, February 12, 2015

Costs Reductions Galore

These days it's difficult to pick up an investment trade publication and not see headlines like this:

State Street ... Lowers Fees ... on ETFs

An Investment News article about State Street's announcement notes that "State Street's move accelerates competition on fees among top players in the investment management business."  The acceleration matches the investing public's increasing awareness of the predictive value of lowered costs in improved investment performance.

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