The FSA Spy market buzz – 13 December 2024
M&G’s positive outlook; Wisdom from Schroders’s podcast; Alliance Bernstein on the power of curiosity; Janus Henderson on responsible AI; China’s retirement revolution; Apple and much 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%.
M&G’s positive outlook; Wisdom from Schroders’s podcast; Alliance Bernstein on the power of curiosity; Janus Henderson on responsible AI; China’s retirement revolution; Apple and much more.
Part of the Mark Allen Group.