The FSA Spy market buzz – 11 April 2025
Lazard actively looks at Next Gen; Goldman Sachs loves active in small places; Janus Henderson is reassuring; Private equity’s overflowing war chest; Jevons Paradox; Hamlet’s wisdom and much more.
Fees
The Blackrock UK Absolute Alpha fund has an ongoing charges figure (OCF) of 0.92%, but levies a 20% performance fee, according to McDermott – although he is doubtful about how often the threshold is met to trigger the performance fee.
The OCF of the Church House fund is 0.84%, which is around the median for the sector.
“Both fees are competitive,” he said.
Lazard actively looks at Next Gen; Goldman Sachs loves active in small places; Janus Henderson is reassuring; Private equity’s overflowing war chest; Jevons Paradox; Hamlet’s wisdom and much more.
Part of the Mark Allen Group.