Maximizing management fees is final aim of asset managers, pension fund CEO says

The CEO of Sweden’s AP4 buffer fund explains the difference between working for a commercial asset manager and a public pension fund. He has experience from both sectors.
Asset managers are in business to maximize management fees, Niklas Ekvall says. | Photo: PR / AP4
Asset managers are in business to maximize management fees, Niklas Ekvall says. | Photo: PR / AP4

At the end of the day, asset managers are in it to maximize management fees. Public pension funds are in it to create returns for their stakeholders.

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