The FSA Spy market buzz – 19 April 2024
Doom and gloom on China, Peaks and troughs from First Sentier, Ninety-One looks at failure, Lombard Odier’s good news, Corporate jargon hell, Visit cheap Japan and much more.
Fees
The Investec fund’s retail ongoing charges figure (OCF) is 2.70%, “which is too high,” according to Ng.
The median fee for the Asia ex-Japan sector is 1.90%, although the range is quite wide, with one fund charging as much as 3.53% for its stock-picking expertise, while several active funds charge less than 1%.
The JP Morgan fund’s 1.69% OCF is “reasonable”, said Ng.
Doom and gloom on China, Peaks and troughs from First Sentier, Ninety-One looks at failure, Lombard Odier’s good news, Corporate jargon hell, Visit cheap Japan and much more.
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