The FSA Spy market buzz – 6 June 2025
Animal spirits run wild; Franklin Templeton is taking credit; EM banking revolution; Not all luxury is equal; Death of search and the AI machine; George Soros on wins and much more.
The Pinebridge fund charges an OCF of 2.22%, while the Templeton fund charges 2.47%.
Ng said both funds are priced slightly higher compared to peers.
The average charges of emerging markets equity funds available for sale in Hong Kong is 2.14%.
However, he noted that the AUM of the Pinebridge fund is small, potentially pushing up the fees. Templeton, which operates a number of local EM offices to provide deeper research, may justify a higher fee, Ng added.
Animal spirits run wild; Franklin Templeton is taking credit; EM banking revolution; Not all luxury is equal; Death of search and the AI machine; George Soros on wins and much more.
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