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Schroders chief: fund margins will stabilise around ‘high 40’ basis points
by Robert St George on May 01, 2014 at 12:17
Dobson predicted that margins would continue to slip by ‘a basis point or two a year, but not every year’. He continued that his ‘guess’ would be that margins would ultimately stabilise ‘in the high 40s or something like that’.
He added: ‘I think Schroders can handle that.’
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