Dunn: Verger pays 75 bps for legacy managers now charging 3-and-25
Jim Dunn · Jim Dunn – Protect, Perform, Provide (Capital Allocators, EP.24) · Sep 4, 2017 · at 30:20
Jim Dunn, CEO and CIO of Verger Capital, explains the structural advantage of long-tenured institutional relationships when negotiating manager fees.
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“And we were paying, you know, 75 basis points for some of these managers that now charge three and 25. But we've been there for 15 years, and we've got capacity.”
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