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.
Fund research firm Morningstar pays a lot of attention to management charges and expenses, and share classes that charge excessive fees are typically assigned lower ratings.
The FSSA fund has an ongoing charges figure (OCF) of 1.02%, and the GQG fund is more expensive at 1.65%, according to FE Fundinfo.
Both OCFs are well below the average for products available in Singapore in the emerging market sector, which range from an extortionate 4.09% to a bargain-basement 0.90% fee.
The median OCF for the category is 2.15%, FE Fundinfo data shows.
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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