The FSA Spy market buzz – 4 April 2025
BNY Mellon IM’s conversion; Elusive libertarian investing dream; Eastspring and Vontobel on tariffs; Wisdom of Larry Fink; Has the EU finally seen sense? Price of admission and much more.
HEAD-TO-HEAD: Morgan Stanley versus T Rowe Price
FSA compares two US equity products: the Morgan Stanley US Growth Fund and the T Rowe Price US Large Cap Growth Equity Fund.
Fees
Management fees and other expenses charged by funds are important because they have a direct impact on returns for investors.
“The US equity market is so well covered and analysed that there is little excuse for any manager to charge high fees for funds invested in the sector,” said Poole.
And indeed, the ongoing charges figure for the Morgan Stanley and T Rowe Price funds are appropriately low, at 0.89% and 0.73% respectively, according to FE Fundinfo.
“They provide a great opportunity for Asian investors to get low-cost access to funds run by skilled managers,” said Poole.
Related Stories
Promoted Content
-
Don’t get left behind in fixed income
-
The year of living dangerously for income investors
-
Protected: From “FAANG” to “MAMAA” to “Magnificent 7” – what’s in a name?
-
Tap into Japan’s post-pandemic growth trends
-
Who’s afraid of higher interest rates?
-
Accessing Asian 5G innovation: three key portfolio themes
-
Your Questions Answered by Federated Hermes Impact Opportunities
-
Conditions in the high yield market
-
Sustainable Investing in Changing Market Conditions
-
Taking a thematic approach to harness disruption
