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The total management fees of the top ten fund managers in 2024 decreased by 6.54% year-on-year.
Golden Ten Data reported on April 1 that with the steady progress of the fee reduction reform, the fund management fee of public funds in 2024 will decline year-on-year. According to the data of Tianxiang Investment Advisors, the total management fees earned by the top ten fund managers in the 2024 annual report decreased by 6.54% compared with the same period in 2023, of which the annual management fees of E Fund, GF Fund, Wells Fargo Fund, China Southern Fund, Harvest Fund, China Universal Fund, China Merchants Fund and other companies have decreased for three consecutive years.