Regardless of the total assets of the fund at the end of the year, the company will withdraw 1% as the management fee.
Therefore, the asset size determines the income of management fees. Fund companies are oligopolistic, so 90% of employees are fund companies.
They are all super-high returns and there is no big risk.
The large scale of assets shows that many people subscribe to its various funds, and most people believe in this company, which does not mean that its subsidiaries have the best performance.
The performance of the fund will affect the raising scale of the newly issued fund, which means whether the company can continue to make big money.