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.
“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%.
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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