China, Hong Kong, and Singapore received “below average” grades from Morningstar for their fund fees and expenses.
Tag: Fees
Strong fee emphasis to shakeup Morningstar ratings
Around 700 funds available in Asia are part of the firm’s global ratings revamp; downgrades will outnumber upgrades by 2-1 with active funds most vulnerable.
Study: High fees dominate Asia’s fund industry
The fund management industries in Hong Kong, China, Taiwan and Singapore have been rated as “average” by Morningstar’s global fund investor experience study, dragged down by high fees and expenses.
Singapore boutique tries direct approach
Singapore boutique fund manager Aggregate Asset Management competes against the large fund houses with a very low TER and direct-to-client distribution.
Morningstar: Active fund fees must change
The time has come to offer investors a fairer deal by dropping fixed fees and adopting a performance-based model, according to Morningstar’s head of global manager research Jeffrey Ptak.
HK regulator to require fee disclosure
Hong Kong’s Securities and Futures Commission will now require fund managers to disclose the ongoing charges figure (OCF) on their funds’ key facts statements (KFS), according to a circular from the regulator.
The world will ban commission within five years, says JPMAM
Regulation is moving at such a fast pace that within five years all financial services markets around the world will ban commission and implement an RDR-like regime, Jasper Berens, head of UK funds at JPM Asset Management has predicted.
Is 50/50 the right management fee split?
Asset managers and distributors in Asia used to split the annual management charge, but over the last couple years the distribution side has been getting more than half. What is a fair split?
Fund costs give you the best clue for outperformance – Morningstar
The cheaper a fund is, the better the chance it outperforms its peer group, a study by Morningstar has shown.
