American Association of State Compensation insurance Fund

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Welcome to the new AASCIF Committee Forum. This section was created as a way for AASCIF members  to connect with peers from other Funds. Here you can ask questions and share information about a particular workers' compensation topic important to you.

AASCIF Forum » Finance and Investments » Investment Managment Services costs

Started by Montana Nov 16 2017, 09:29
Posts: 6
Nov 16 2017, 09:29
I am wondering if you might share your investment management services costs? this would be for actual investment services and not consulting services. We have a legislative challenge going on here where the legislature wants to assess a 3% fee for assets over $1 billion. We are saying that's excessive so I am looking for some confirmation. As a comparison our current fees are 1.9 basis points for equities (in indexed funds) 70 basis points for core real estate and 2.9 basis points for the bond portfolio so the 3% is a healthy jump. I have spoken with Conning and Deutsche but could use some actual comparisons from funds. Thanks.


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