The FSA Spy market buzz – 28 March 2025
JP Morgan Asset Management gets enhanced; Thailand wants some leverage; Natxis is surveying the world; A billionaire here, another there; Business social media lunacy; Andrew Carnegie’s wisdom and more.
HEAD-TO-HEAD: Fidelity vs First State
FSA compares the Fidelity India Focus Fund with the First State Indian Subcontinent Fund.
Ongoing charges for both funds are on par with the median for the industry which is 1.96%,according to Morningstar. The Fidelity fund charges 1.97% and First State 1.94%.
“They are not considered expensive,” said Laidlaw. In addition to the Ireland-domiciled fund, First State offers a Singapore-domiciled unit trust, which carries a lower charge of 1.83%.
“You can debate the merits of the 2% fee for a single-country fund, with the ongoing active-vs-passive argument,” said Laidlaw, “but both managers have delivered excess returns for their investors over time.”
Related Stories
Promoted Content
-
Tap into Japan’s post-pandemic growth trends
-
Nuveen broadens income sources via private capital and real assets
-
Ninety One: Finding opportunities in times of change
-
Tech WELLcovered | Work reimagined
-
China bonds: plugging the yield gap
-
Don’t get left behind in fixed income
-
Federated Hermes SDG Engagement Equity: 2021 H1 Report
-
An investment opportunity for the coming decades: the environment
-
Driving decarbonisation: how to access new forms of alpha
-
The year of living dangerously for income investors
