The FSA Spy market buzz – 8 December 2023
White Wolf’s PE howl, What’s in a (fund) name? Growth versus value – again, Wall Street makes its predictions, BlackRock joins the Gen AI trend, Pity Walmart, Albert’s genius, advertising and much more.
Fees
Fees for the emerging market equity fund category vary widely, ranging from as steep as 3.05% to a bargain annual charge of just 0.44%, according to FE Fundinfo data.
The median ongoing charges figure (OCF) for the retail share class of emerging market equity funds in Hong Kong and Singapore is 1.95%, according to FE Fundinfo data.
The Barings product has an OCF of 1.95%, in line with the average, and the First State fund is slightly cheaper at 1.75%,
“Both fees are reasonable, especially for an asset class that requires significant resources,” said McDermott.
White Wolf’s PE howl, What’s in a (fund) name? Growth versus value – again, Wall Street makes its predictions, BlackRock joins the Gen AI trend, Pity Walmart, Albert’s genius, advertising and much more.
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