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.
Fees
The fees charged by both funds are reasonable, according Meakin.
Morningstar pays a lot of attention to management charges and expenses, and this year started differentiating it ratings of the individual share classes of each fund. Share classes that charge excessive fees are now typically assigned lower ratings.
However, the ongoing charges figure (OCF) for the Hong Kong retail share class of the T Rowe Price fund is 1.62%, which is below the median of 1.96% for the sector. The OCF for the Eastspring product is more expensive than the T Rowe Price fund at 1.80%, but comfortably below the median, said Meakin.
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.
Part of the Mark Allen Group.