The FSA Spy market buzz – 13 December 2024
M&G’s positive outlook; Wisdom from Schroders’s podcast; Alliance Bernstein on the power of curiosity; Janus Henderson on responsible AI; China’s retirement revolution; Apple and much more.
The Blackrock fund’s retail share class has ongoing charges (OCF) of 1.86%, while the JP Morgan fund’s retail share class OCF is 1.74%, according to Daniels.
Daniels believes that the fees of both funds are “middling” or above average. The peer median OCF for global emerging markets equity products is 1.6%.
“They are both slightly above the average. But I would say that the JP Morgan strategy should be cheaper given the size of the fund ($8.5bn). The Blackrock strategy in comparison only has $1bn,” he said.
M&G’s positive outlook; Wisdom from Schroders’s podcast; Alliance Bernstein on the power of curiosity; Janus Henderson on responsible AI; China’s retirement revolution; Apple and much more.
Part of the Mark Allen Group.