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 Artemis fund has ongoing charges (OCF) of 0.84%, while the Seneca fund’s OCF is 1.14%, according to McDermott.
Both products are cheaper than global mixed-asset funds in Hong Kong and Singapore. The peer median for SFC-authorised funds in Hong Kong and MAS-approved funds in Singapore are 1.7% and 1.78%, respectively.
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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