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.
The median for the category (active funds available for sale in Hong Kong) is 1.77%, according to FE.
The AB fund is priced at 2.43% of ongoing charges, higher than the category and also JPM (1.69%).
Ng said investors should take into account the fees when choosing between the funds. “The expensive fees for the AB fund potentially eat up part of the returns.”
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.
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