In MetWest’s 36(b) mutual fund excessive advisory fee litigation, Brattle consultants supported a cost accounting expert to analyze the reasonableness of the cost allocation methodology as applied to its various proprietary mutual funds for investment management and related services. Brattle’s team also reviewed and tested the sensitivity of alternative cost allocations to the funds, and developed a sophisticated analytical framework to assess fund-level profitability. The court found in favor of our client.

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