The FSA Spy market buzz – 17 May 2024
Cash flow cows; Pictet AM gets cool, China’s stock market has bounced, The Dow reaches a new high, Tesla’s unsold cars and the EV bust, Barclays on equities, PM Lee and much 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 JOHCM fund has an ongoing charges figure of 0.80% per cent, while the Threadneedle fund is slightly more expensive at 0.83%.
However, both products fees are well below the median OCF of 1.70% for UK equity funds available in Hong Kong and Singapore.
Cash flow cows; Pictet AM gets cool, China’s stock market has bounced, The Dow reaches a new high, Tesla’s unsold cars and the EV bust, Barclays on equities, PM Lee and much more.
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