The FSA Spy market buzz – 28 March 2025
JP Morgan Asset Management gets enhanced; Thailand wants some leverage; Natxis is surveying the world; A billionaire here, another there; Business social media lunacy; Andrew Carnegie’s wisdom and more.
HEAD-TO-HEAD: Brown Advisory and Pictet
FSA compares two international equity products: the Brown Advisory Global Leaders Fund and the Pictet Global Thematic Opportunities Fund.
Fees
Apart from fund performances, it is also critical to assess expenses as they come directly out of returns.
The retail share class of the Pictet fund has an ongoing charge of 2%, while the Brown Advisory fund is slightly cheaper at 1.62%, according to the fund factsheets.
Commenting on the Pictet fund, Morningstar’s quantitative rating report, the share class’ “unattractive fee” lands in the costliest quintile of its Morningstar Category, and is not competitive in generating positive alpha versus its category benchmark.
Annual fees charged by the 102 actively managed funds authorised for sale to Hong Kong and Singapore retail investors that are categorised by FE Fundinfo as “international mixed-assets” differ widely. They range from as low as 0.62% to as high as 4.51%, with a median ongoing charges figure of 1.76%
Related Stories
Promoted Content
-
Conditions in the high yield market
-
Fixed income – making ground in ESG as ETFs see rapid growth in AUM
-
Thematic investment series: Innovative transformation cuts across “old” and “new” economy companies
-
Your Questions Answered by Federated Hermes Impact Opportunities
-
Smartphones on wheels
-
An investment opportunity for the coming decades: the environment
-
Don’t get left behind in fixed income
-
Impact opportunities: investing to limit biodiversity loss
-
Dynamism is the name of the game for this global macro strategy
-
Step up your portfolio by doubling down on sectors set for long-term growth
