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.
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.
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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