The FSA Spy market buzz – 29 November 2024
Yet another AI fund, competition is a good thing, let’s unleash the leverage, Baby! Pony is making driverless car progress, Amundi is bullish on Asia, learning to suffer heroically and much more.
The ongoing charges (OCF) of the retail share class of the BNY Mellon fund is 2.13%, while the OCF of the Ninety One fund is 1.93%, according to data from FE Fundinfo.
Both offerings are more expensive than other SFC-authorised global equity products in Hong Kong. The median OCF for the global equity sector in the SAR is 1.85%, FE data shows.
Yet another AI fund, competition is a good thing, let’s unleash the leverage, Baby! Pony is making driverless car progress, Amundi is bullish on Asia, learning to suffer heroically and much more.
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