Fidelity China Special Situations Plc - Holding(s) in Company PR Newswire London, May 14 TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN GB00B62Z3C74 Issuer
Fidelity International drops fulcrum fees following muted demand from retail investors
Fund group also announced on Tuesday a cut in the OCF of its passive multi-asset range
Fidelity is scrapping the variable fee share class across five of its Oeics after a lack of demand saw assets dwindle, while also cutting the cost of its passive multi-asset range.
The asset manager’s fulcrum fee share class – W-Variable Management Fee (W-VMF) – was introduced across five of its UK-domiciled Oeics in July 2018 in response to the growing debate around the value of active fund management.
It came after the Financial Conduct Authority’s asset management study in 2016 found little innovation when it came to fee structures and significant clustering around an arbitrary figure of 0.75%.
James Burns: We don’t regret ill-timed gold trade
Smith & Williamson MPS co-head says the precious metal ‘was never going to be a six-month trade’
At the start of the year, Smith & Williamson (S&W) added gold to its model portfolios on the basis that inflation was likely to move higher over the medium term. While admitting the timing of the trade could have been better, James Burns (pictured), co-head of the firm’s model portfolio service (MPS), says it was done with a long-term view.
“It’s obviously not been a fantastic investment so far,” says Burns. “But, like a lot of the themes in the portfolio, it’s in there for the longer term; it was never going to be a six-month trade.”
Fidelity China Special Situations Plc - Holding(s) in Company
PR Newswire
1. Issuer Details
UK or Non-UK Issuer
3. Details of person subject to the notification obligation
Name
City of registered office (if applicable)
London
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
05-May-2021
07-May-2021
.
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
How to Invest in China’s Shanghai Index
How to Invest in China’s Shanghai Index May 07, 2021 13:01 UTC Reading time: 13 minutes
For years, investors have been trying to capitalise on China’s economic boom. However, gaining access to the country s two stock exchanges, the Shanghai Stock Exchange and Shenzhen Stock Exchange is difficult for foreign investors.
Fortunately, there are a variety of ways to gain exposure to China’s stock market indices such as the Shanghai index, also known as the Shanghai SSE index.
In this article, we go through what the Shanghai Composite index is and how it is constructed, as well as how investors can gain exposure to the growth in China’s main stock market index and much, much more!