Module
How the sector works and its value chain
Covers the AUM-and-fees business model, active versus passive economics, the distribution chain, and fiduciary conflicts.
4 lessons • 600 XP available
Lessons
1
The AUM-and-fees engine that powers every asset manager
+150 XPLearn how AUM and fees generate an asset manager's revenue.
2
Active versus passive: where the fees and the flows actually go
+150 XPCompare active and passive strategies by fee levels and fund flows.
3
The value chain from manager to distributor to client
+150 XPTrace the path from manager to distributor to end client.
4
Fiduciary duty and the conflicts baked into the fee model
+150 XPUnderstand fiduciary duty and the conflicts built into fee structures.