Brown Advisory US Smaller cuts fee and introduces conditional tender offer
Brown Advisory has agreed to a reduced tiered management fee replacing the current fee arrangements on Brown Advisory US Smaller Companies. This is effective from and backdated to 1 January 2025. The management fee will be calculated based on the lower of capitalisation and NAV, rather than NAV as is currently the case; and the … Continue reading Brown Advisory US Smaller cuts fee and introduces conditional tender offer
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