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We also benefited from significant fair value appreciation and the value of our External Investment Manager due to a combination of the continued increase in fee income, growth in assets under management, and broader market-based drivers.
However, challenges such as limited liquidity, opaque valuations, and higher feestructures have made plan sponsors hesitant. Higher fees, including both management and performance charges, also deter employers from integrating such options into their retirement plans. Can`t stop reading?
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