The FSA Spy market buzz – 6 September 2024
Machine learning Chinese investment, BlackRock’s AI patience, Time Magazine’s AI cover, happier staff equal better returns, do wealth managers add value? sexy legs and much more.
The JP Morgan fund has ongoing charges (OCF) of 1.59%, while the Schroders offering’s OCF is 1.86%, according to Share.
The peer median OCF of income-generating Asia-focused funds is 1.72%, making the Schroders fund one of the more expensive products in the category.
However, Share believes that the Schroders fund’s OCF should not be a concern.
“Despite the cheaper fees on the JP Morgan fund, overall, we have a stronger confidence in the Schroders fund being able to outperform in the future,” she said, noting that Morningstar’s assessment of the fund’s investment process and team is positive.
Machine learning Chinese investment, BlackRock’s AI patience, Time Magazine’s AI cover, happier staff equal better returns, do wealth managers add value? sexy legs and much more.
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