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‘You’ll never overpay for average performance’: $17 billion investor Westwood is trying a new fee structure as active funds try to win back capital

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Westwood Westwood Holdings Group, a $16.6 billion investment firm, is re-thinking fees as investors flee active products for cheaper passive funds.  This week, the firm launched a new fee model for its US large-cap strategy. Investors pay either no or a very small base fee, then only pay when the fund outperforms its benchmark.  Westwood […]

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