The FSA Spy market buzz – 22 March 2024
AllianzGI on China stewardship, Death of the mutual fund, W’s top financial centres, Schroders on Japan, Swiss cuts and Japanese hikes, Reddit, Book wisdom and more.
The Fidelity fund’s ongoing charge (OCF) is 1.4% which is slightly higher than the 1.38% median for Asian high yield funds, but is justified by its access to the firm’s global resources, Ng said.
Haitong’s 1.17% OCF is perhaps “surprisingly low”, said Ng, because fixed costs are proportionally higher for a smaller fund.
AllianzGI on China stewardship, Death of the mutual fund, W’s top financial centres, Schroders on Japan, Swiss cuts and Japanese hikes, Reddit, Book wisdom and more.
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