We must strictly economize on production and management expenses.

生产 费 管理费都要力求节约。

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The trust money includes the operational expenses and direct management expenses.

托管费用包括业务费用和直接管理费用。

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Detailed reports and statistics shows your cash flow, management expenses and income.

详细的报告和统计资料显示您的现金流，管理费用和收入。

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Finally, consider index funds if you want to minimize mutual fund management expenses and trading costs.

FORBES: Worried About Higher Taxes?

In either case, all you pay are the management expenses of the fund.

WSJ: Advisory Services for Investors on Their Own

Malkiel was in essence embracing the efficient markets theory that says fund managers as a group cannot outperform the market, so investors who pay big commissions and other management expenses are cheating themselves.

FORBES: About Burton Malkiel