The FSA Spy market buzz – 15 November 2024
Granny gets a shot; Capital Group on Trump trades; Neuberger Berman’s opinion; The enduring wisdom of abrdn’s Hugh Young; Things that make one go Hmmm; M&G’s bike, and much more.
HEAD-TO-HEAD: FSSA versus Schroders
FSA compares two Hong Kong equity products: the FSSA Hong Kong Growth Fund and the Schroders ISF Hong Kong Equity Fund.
Conclusion
Morningstar has awarded the FSSA product its top rating of five stars based on historical returns, and with a gold analyst rating. The firm gives the Schroders fund four stars, and a forward-looking analyst rating of silver.
FE Fundinfo, which bases its assessment on a fund’s three-year history of delivering alpha, minimising relative volatility and producing consistent returns, also awards the FSSA fund its top rating of five crowns and the Schroders product only three crowns.
“Both are excellent funds,” said Poole, “but I’m leaning towards the FSSA product”.
“Lau’s emphasis on reasonable valuations means there is likely to be more upside potential,” he said.
“However, the Schroders’ inclination to take on more risk provides an opportunity if the Hong Kong market trends significantly higher.”
Related Stories
Promoted Content
-
M&G Episode Macro shines after tough year
-
The future of mobility
-
Who’s afraid of higher interest rates?
-
The year of living dangerously for income investors
-
China’s post-pandemic growth gathers pace
-
Unmasking the dividend opportunity
-
Accessing Asian 5G innovation: three key portfolio themes
-
Thematic investment series: Innovative transformation cuts across “old” and “new” economy companies
-
Tap into Japan’s post-pandemic growth trends
-
Federated Hermes SDG Engagement Equity: 2021 H1 Report
