The FSA Spy market buzz – 22 March 2024
AllianzGI on China stewardship, Death of the mutual fund, W’s top financial centres, Schroders on Japan, Swiss cuts and Japanese hikes, Reddit, Book wisdom and more.
Analysts are cautiously optimistic on natural resources in 2017. With the prospects for the global economy generally improving, and renewed (if misguided, some would say) focus on fossil fuels in the US, the demand for energy, oil and basic materials is likely to remain robust.
In the meantime, investors looking to diversify into alternative assets eye natural resource funds among other assets.
Together with Morningstar’s Fatima Khizou, FSA selected two global natural resources funds for comparison, the First State Global Resources Fund and the JP Morgan Global Natural Resources Fund.
First State Global Resources Fund | JP Morgan Global Natural Resources Fund | |
Inception | 13 February 2007 | 21 December 2004 |
Fund Size | $144.53M | $999.3M |
Annual Fee | 1.75% | 1.76% |
Morningstar Rating | *** | ** |
Analyst Rating | Silver | Bronze |
AllianzGI on China stewardship, Death of the mutual fund, W’s top financial centres, Schroders on Japan, Swiss cuts and Japanese hikes, Reddit, Book wisdom and more.
Part of the Mark Allen Group.