The FSA Spy market buzz – 6 June 2025
Animal spirits run wild; Franklin Templeton is taking credit; EM banking revolution; Not all luxury is equal; Death of search and the AI machine; George Soros on wins and much more.
“The fees on both products are a little high,” said Ng.
The Fidelity fund’s ongoing charges figure (OCF) is 1.95%, and the OCF for the Pinebridge fund is even steeper at 2.10%.
Yet, the managers of Greater China equities funds seem able to charge high rates, and compared with the median of 1.93% for the sector, the OCFs of the Fidelity and Pinebidge funds are not egregious.
For instance, several funds charge more than 3.00%, and one fund demands as much 3.50%.
Animal spirits run wild; Franklin Templeton is taking credit; EM banking revolution; Not all luxury is equal; Death of search and the AI machine; George Soros on wins and much more.
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