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Ariel Board Tells CEO Rogers To Cut Fees

FYI: John Rogers, chairman and chief executive officer of Ariel Investments LLC, said his $11.8 billion mutual fund firm is cutting fees partly in response to pressure from board members.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-08-28/ariel-board-tells-ceo-rogers-to-cut-fees-as-clients-pick-passive

M*: Ariel Family Of Funds:
http://quicktake.morningstar.com/fundfamily/ariel-investments-llc/0C00001KSZ/fund-list.aspx
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