LegaFund Insights
Insights
Research, legal finance, and private capital perspectives with Swiss institutional rigor.
Retrocessions
STEP Journal: Retrocessions and Kickbacks in Swiss Asset Management
The STEP Journal article by Martin Straub quantifies the 'Retro Drag' — the cumulative performance impact of hidden commissions on investor portfolios over 20 years.
March 10, 2026
Retrocessions
Retrocessions Endanger Trust — Hidden Commissions and Conflicts of Interest
Hidden commissions create systematic conflicts of interest between investors and asset managers. An NZZ analysis shows why transparency is the only antidote.
March 10, 2026