The FSA Spy market buzz – 12 April 2024
Equity that is not Kool, Abrdn’s fund closures, Lombard Odier loves private markets, China’s ugly debt graph, Mountainous interest rate analogies, US housing costs, Gold smuggling, Advertising and much more.
Ng’s conclusion is based on the recent changes in management. For the Fidelity fund, the new manager comes from analyst background and does not have previous fund management experience.
Investors should also note that the portfolio construction style is subject to change during the transition period, Ng said.
Ng prefers the JP Morgan fund to the Fidelity one due to its consistent performance track record and the robust team approach.
“The JP Morgan fund shows that team members with rotational responsibility work well for the fund. It ensures each portfolio manager for a specific country understands the regional market conditions.
“The out-performance is also attributed to the strong research analysis and stock-picking expertise within the team.”
Equity that is not Kool, Abrdn’s fund closures, Lombard Odier loves private markets, China’s ugly debt graph, Mountainous interest rate analogies, US housing costs, Gold smuggling, Advertising and much more.
Part of the Mark Allen Group.