Fantastic conversation with Igor Halperin around the application of reinforcement learning into forecasting problem, and the limits to data and understanding the world.Â
Fundie fee pressure hits private markets
Fee compression has spread beyond public equities into fixed income, emerging market equity, impact strategies and private markets, analysis by investment consultants bfinance has found. But the pricing power shifting towards allocators will not benefit everyone, and asset owners chasing better value for money will need to tread carefully.
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