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.
The peer median ongoing charges (OCF) for Asia-Pacific (ex-Japan) equity funds sold in Hong Kong is 1.87%, according to data from FE Fundinfo.
The Alquity fund comes with a high OCF of 3%, while the T Rowe Price fund’s OCF is 1.77%, McDermott said. While the Alquity fund’s fees are high, he noted that every year, the Alquity business commits 10% of its revenues to the Alquity Transforming Lives Foundation, a UK registered charity.
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.
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