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.
Both funds demand fees that are higher than the sector median of 1.80% The Fidelity fund has an ongoing charges figure (OCF) of 1.95%, and the OCF for the Invesco fund is 1.94%.
“Neither product is particularly cheap – but sometimes it is worth paying a bit more for a product as it is the returns after charges have been taken out which are important. That said, it would be nice to see the costs fall for investors as the assets under management for each fund rises and to see the economies of scale passed on to the underlying investors,” said McDermott.
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.
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