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.
Fees
Annual fees charged by the 140 actively-managed funds categorised by FE Fundinfo as “international equity” differ widely, ranging from as low as 0.4% for products with broad sector mandates to about 3% charged by funds with more specialist investment universes.
The median ongoing charges figure (OCF) for the category is 1.85%, so the Pictet fund’s annual expenses fee of 2.08% is on the high side. In contrast, Jupiter fund’s OCF is well-below average at only 1.72%.
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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