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: Bodily Injury BlogCase on Fund Fees Headed to Supreme Court
By Edward Bills
The Supreme Court will hear the case of Jones v. Harris Associates, which alleges that funds paid excessive fees to their investment advisers. According to many economists, even in light of poor performance, mutual funds tend not to fire advisers and continue to pay excessive fees. United States Court of Appeals Judge Richard A. Posner said the marketplace can no longer keep excessive payments reined in
Full post as published by Bodily Injury Blog on August 18, 2009 (boomark / email).
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