He also says Morningstar avoids pay-for-play arrangements, which are agreements that require mutual fund companies to have their products distributed, so it can stay on the side of investors.
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Even though asset management fees have been declining, expenses for investors are still stubbornly high, says Morningstar CEO Kunal Kapoor. So reports Wealth Management.
He also says Morningstar avoids pay-for-play arrangements, which are agreements that require mutual fund companies to have their products distributed, so it can stay on the side of investors.