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AARP Awards Funding to 260 Quick Action ...

In late June, AARP announced the winners of its sixth AARP Community Challenge; an annual competition to launch improvements to make communities across the United States more livable for people of all ages and mobility levels. The program received 3,200 applications from nonprofit organizations and government entities from which AARP selected 260 projects to receive […]

Quarterly Fund Update: Jersey – Commenta

New States AssemblyImprovements to Limited Partnerships Act ApprovedProceeds of Crime Act UpdateGovernment consults on changes to power of attorney lawJFSC publishes comments from prudential risk reviewsProposed Revisions to Outsourcing PolicyFirst national risk assessment focused on virtual assetsDigital Solutions for Customer Due Diligence termsProposed Fee Updates for Fund Services Businesses New States Assembly This quarter’s update […]

GQG Partners defends fund managers amid ...

“They are cheap relative to their global counterparts, but we see little positive catalyst,” wrote stock analyst Michael Cyprys. In research published in May by Morningstar, analyst Shaun Ler said that while he expected GQG to gain inflows and gain popularity with investors due to the slippage in performance of household names such as Magellan […]

Do you need a Demat account to invest in...

Dematerialization (DEMAT) accounts are not required for investors to buy or sell mutual fund shares, but there are many benefits. Demat accounts allow investors to purchase mutual fund shares without the assistance of a broker by transferring funds electronically With a Demat account, investors do not need to keep physical fund certificates to redeem shares. […]

All about SRS funds and where to use the...

The SRS is a voluntary savings plan which is added to your involuntary savings plan, that is to say your Caisse Centrale de Prévoyance (CPF). Parking your money in your CPF gives you the basic retirement income you need, but the SRS does more than that. You can contribute and channel your funds to SRS, […]

Return of foreign funds, highest purchas...

Indian stock markets recorded their best weekly performance during the trading session till Friday. The week was particularly good with new purchases of banking and IT stocks as well as the return of foreign investments to Indian markets. However, Indian stocks have climbed for six consecutive sessions. The domestic stock market closed at its highest […]

Weekly recap: Auxano, B Capital launch n...

B Capital, a multi-stage global investment firm that has backed Indian start-ups such as Byju’s and Meesho, announced the closing of its first dedicated startup fund named Ascent Fund II. The $250 million fund will invest in pre-seed through Series A rounds globally, with a focus on the US and Asian markets. With $6.5 billion […]

Battery Maker SK We’re Seeking $3 Billio

SK enableda major South Korean battery maker, has sought advice from private equity giants Carlyle and BlackRock as it hopes to raise around $3 billion in pre-listing funds, state media reported on Thursday. Kim Jun, general manager of SK Innovation, the parent company of SK On, said he expects the initial public offering to take […]

When to check your retirement funds (and...

Dean Drobot / Shutterstock.com While a well-designed retirement plan can be relatively self-contained, you should get into the habit of periodically checking in on your investments to make sure everything is going as planned. However, obsessively checking your retirement funds can lead to a host of problems, from undue stress to increasing the likelihood of […]

Asset Servicing Industry News | Directa...

Italian online broker Directa has signed an agreement with Clearstream to provide Italian investors with access to Clearstream’s global fund portfolio. Through Directa’s trading platform and network of financial advisors, clients can access Clearstream’s fund suite with over 190,000 international funds. The CACEIS Bank Italy branch will act as Local Paying Agent in this transaction. […]

Elmore (ASX:ELE) buys the Peko project f...

Subscribe Be the first with news that moves the market Elmore (ELE) finalizes agreement to buy the Peko project, along with all related project companies, in the Northern Territory for $30 million Purchase Expands Elmore’s Mineral Processing Scope to Surface and Underground Mineralization, and Properties’ Significant Exploration Potential As part of the contract, ELE will […]

Global equity funds post third weekly ou...

(Reuters) – Global equity funds faced a third consecutive week of outflows in the week to July 12 on concerns over the prospect of further interest rate hikes from the bank power and health of economies around the world. According to Refinitiv Lipper, investors sold $4.33 billion worth of global equity funds in a third […]

Ilene Froom joins Katten’s financial mar

July 14, 2022 Katten Muchin Rosenman LLP To print this article, all you need to do is be registered or log in to Mondaq.com. (NEW YORK) Katten today announced that Ilene Froom has joined the firm’s Financial Markets and Funds (FMF) practice as a partner in New York. Froom’s in-depth knowledge of buy-side […]

Money Guru: Which mutual funds should yo...

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AI, data analytics company Ganit raises ...

Artificial intelligence and data analytics startup Ganit said on Tuesday it has raised funds from a group of investors and expects to double its workforce to 500 by the end of 2023. The company did not disclose the amount of funds raised, but said the funding round was led by Sangeet […]

CBIRC is making every effort to raise fu...

The CBIRC will closely monitor defaults. Reuters Bloomberg and Reuters An official with China’s banking and insurance regulator said banks and insurers “will do their utmost” to bolster funding as China’s consumer inflation rate in June rose 2.5% from compared to the previous year, the highest in almost two years. The authorities will support […]

Good funds condemn GST hike and demand e...

Expressing shock at the increase in the Goods and Services Tax (GST) on chit fund services from 12% to 18%, the Tiruchi District Financiers and Chit Funds Association has urged the Center to withdraw the hike. “The hike came at a time when we were asking for GST exemption for our services,” said association president […]

Monitoring of CBN intervention funds and...

The Central Bank of Nigeria (CBN) in May 2022 tightened its monetary policy known as the monetary policy rate (MPR) to contain rising inflation. Inflation has continued to rise unabated in several advanced economies and is expected to remain elevated, at least in the medium term, as food and energy prices have reached levels not […]

Most investment funds in Việt Nam post n

VIETNAM, July 5 – HÀ NỘI In the context of the downward movement of the market, most investment funds in Việt Nam recorded negative performances in the first half of this year. In the first half of 2022, the stock market of Việt Nam developed negatively following the fluctuation of the world markets influenced by […]

Your questions: Mutual funds | Children...

I have invested money in a children’s diet, but the returns are not encouraging. Can I transfer the entire amount to a large cap fund of the same fund and what are the costs involved?—Sumit Aharwadi Children’s funds invest in a combination of equity and debt instruments for the purpose of generating wealth or income. […]

RiverNorth Closed Ended Funds Declare Mo...

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–July 1, 2022– Several RiverNorth closed-end funds (the “Funds”) have announced the declaration of monthly distributions for July, August and September 2022 in accordance with each Fund’s level distribution policy, as detailed below. Date of departure Registration Date Payment date July 14, 2022 July 15, 2022 July 29, 2022 August 16, […]

Five reasons why you should invest in eq...

Stocks are in a bearish phase and investors are worried. Those who have seen a full market cycle are well aware of market corrections. However, for beginners and for those who have not yet invested, the current pessimism in the markets can be discouraging. Although it’s often said, let me say it again: volatility is […]

Tether reacts to rise in hedge funds sho...

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Tether CTO Paolo Ardoino responded to a June 27 report by The Wall Street Journal that hedge funds have short bets on Tether’s stablecoin USDT through crypto brokerage Genesis Global Trading. The article quotes Leon Marshall, Head of Institutional Sales at […]

Ministry of Finance – The New Indian Exp

By ANI ISLAMABAD: Pakistan’s finance ministry said on Sunday its deal with the International Monetary Fund (IMF) would be sealed by Monday as the organization plans to hand over economic and financial policy for the renewed deal providing a relief package economy in Islamabad. Pakistani Finance Minister Miftah Ismail told the National Assembly that although […]

How to Raise Funds for Your Startup Duri...

By Abbie Main, Sales Manager at SeedLegals “Move fast and break things” was Mark Zuckerberg’s now famous motto when Facebook was growing. The approach captured the minds of many aspiring entrepreneurs who wanted to grow fast and succeed faster. It was about seizing the opportunities available to you to accelerate your path to a profitable […]

People misunderstood OMV Russia exhibiti...

Russia’s initial invasion of Ukraine almost exactly four months ago prompted a slew of managers to shift portfolio positions out of stocks exposed to the invading territory. Wright said that although Shell and OMV have similar exposure to revenue from Russia, equivalent to 3-4% of earnings, the latter’s share price has been punished for it […]

Competition law puts more emphasis on pe...

The upcoming ACCC decision in the Port of Geelong case underscores the increasing focus of competition law on pension funds as they take direct stakes in listed and unlisted companies. The decision originally scheduled for this month has been postponed pending “receipt of additional information”, suggesting the regulator was close to rejecting the deal. Its […]

Arohan Financial Services in talks with ...

Microfinance institution Arohan Financial Services Ltd is in talks with private equity funds to raise capital to support its growth plans, chief executive Manoj Kumar Nambiar said. Promoted by Aavishkaar Group, the Kolkata-based MFI is targeting Rs 7,000 crore as funds under management for the current financial year, including debt and equity, he said. “We […]

CBN intervention funds are fueling infla...

The World Bank said the Central Bank of Nigeria’s development finance intervention is fueling short-term inflation and weakening the apex bank’s ability to control inflation. According to the World Bank, the CBN’s continued provision of subsidized finance to certain sectors must slow down as it undermines the ability of commercial banks to lend on a […]

Crypto lender Celsius unlikely to secure...

Celsius Network investors are unlikely to provide more funding to bail out the struggling cryptocurrency lender, people with knowledge of the situation said. A large Canadian pension fund, the Caisse de depot et placement du Quebec, and WestCap, a growth capital firm founded by tech investor Laurence Tosi, a former Airbnb CFO, are not expected […]

Indian funds in Swiss banks hit 14-year ...

Funds deposited by Indian individuals and businesses in Swiss banks, including through branches and other Indian-based financial institutions, reached a 14-year high of 3.83 billion Swiss francs (more 30,500 crore rupees) in 2021 thanks to a sharp increase in holdings via securities and similar instruments while customer deposits also increased, […]

Your Queries: Mutual Funds – Diversify y

I plan to start a third SIP of Rs 10,000 per month. I have one in a large cap and one in a flexi cap. Please suggest.—Ritesh DiwediDiversification is an important aspect to consider when building your portfolio, as it protects the portfolio from any adverse movement, as different asset classes and even securities within […]

Sequoia raises $4 billion for funds in I...

SSINGAPORE (BLOOMBERG) — Sequoia India and Sequoia South-east Asia have raised $2.85 billion ($3.97 billion) in three funds to continue supporting start-ups in the region despite a stock market rout that is rocking investors. technology companies. For the first time, Sequoia is launching a fund dedicated to Southeast Asia, totaling $850 million, while $2 billion […]

Equity fund flows improve, but debt fund...

In April 2022, equity fund purchases were largely subdued due to tepid markets. May 2022 was no different in terms of market volatility, but equity fund flows improved compared to April. However, debt funds have been sold off heavily and this could largely be attributed to the RBI’s hawkish stance. We will come back to […]

Hundreds of people will walk in Crochero...

BAYSIDE, QUEENS — Hundreds of Baysiders are heading to Crocheron Park on Sunday in hopes of raising $100,000 for a local children’s hospital. The 16th edition this summer Big Hearts Walk for St. Mary’s Children, a charity walkathon to benefit the hospital’s award-winning services for children with special needs, will begin at 10 a.m. on […]

State Bank set to take back public funds...

The SBP building in Karachi. Photo: The News/File ISLAMABAD: The State Bank of Pakistan (SBP) has ordered all banks to close Federal Government accounts and transfer all available balances to SBP Account Number 1 by June 13, 2022 in a bid to to comply with the IMF’s condition under the bailout loan program. “It is […]

Private debt impact funds are gaining tr...

Impact investment funds that invest in off-market debt securities are growing in popularity, according to a new study. Research from Phenix Capital shows that impact-focused private debt funds currently seeking investment are looking to raise €32 billion ($34 billion) – more than is targeted by public investment funds and the Combined Public Debt Impact Funds. […]

The QSE is approaching 13,000 points on ...

Increased net purchases by foreign institutions yesterday sent Qatar’s stock market up 172 points and its key benchmark near levels of 13,000, reflecting positive sentiment as oil prices hit $120 the barrel.Widespread buying, particularly in the telecommunications sector, led Qatar’s 20-stock index to jump 1.34% to 12,977.92 points, recovering from an intraday low of 12,820 […]

The budget allocates significant funds t...

The government plans to disburse 15% of its total projected revenue to domestic and foreign creditors in the next fiscal year 2022-23 with 186.6 billion rupees assigned to the repayment of loans. The government expects to earn Rs 1.24 trillion in revenue in the next fiscal year. Officials say government accountability should increase. Many internal […]

National funds and local retail investor...

Despite strong buying interest at the counters in transport, telecommunications and real estate, the Qatar Stock Exchange fell 0.26% on Thursday.Local retail investors were increasingly seen in net selling as Qatar’s 20-stock index fell for the second consecutive session by 33 points to 12,800.12 points, despite hitting a intraday high of 12,865 points.Foreign individuals were […]

Why are mutual funds considered one of t...

The importance of wealth creation can be summed up by a statement made by legendary investor Warren Buffet – “If you can’t find a way to make money while you sleep, you’ll have to work until you die” . The quote explains that a person who survives on a salary with no money left over […]

What US hedge funds told Comyn about Aus...

He has seen firsthand the level of heat in the US economy, telling the story of a Central American food retailer who has seen wages rise 22% since 2019, amid what he described as a “much larger manifestation of a wage/price spiral” than in Australia. That’s part of the reason Comyn is still scratching its […]

Venture Capital Funds Redirected to Web ...

Leading the pack is Andreessen Horowitz (A16Z) who just announced two new funds – a massive $4.5 billion fund for Crypto and Blockchain businesses and Web3.0 startups New Delhi: As venture capital (VC) funds and mainstream investors are squeezing the flow of money to traditional startups due to multiple global macro conditions, they have now […]

Global equity funds see first weekly inf...

(Reuters) – Global equity funds saw inflows in the week to May 25 as some investors rejoiced in the rebound in markets this week after stock markets fell sharply in the seven weeks previous ones. According to Refinitiv Lipper, investors bought $6.16 billion net in global equity funds, marking their first weekly net purchase since […]

Westpac to sell financial advisory busin...

A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray Join now for FREE unlimited access to Reuters.com Register May 26 (Reuters) – Westpac Banking Corp (WBC.AX) said on Thursday it would sell one of […]

Funds managed and/or advised by Motilal ...

Previous story: AU Bank expands premium AU Royale program to employee and corporate segments Next story: “Transforming through Trust” – Ashraf Patel, India’s Only Female Social Innovator of the Year 2022, speaks on Youth Leadership at the 2022 World Economic Forum Annual Meeting – Davos Funds managed and/or advised by Motilal Oswal Private Equity are […]

IVY FUND Form 497K

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. IVY FUND Delaware Ivy International Small Cap Fund(formerly Ivy International Small Cap Fund) (the “Fund”) Supplement to the Summary and Statutory Prospectus of the Fundeach dated January 28, 2022 On May 19, 2022, the Board of Trustees of Ivy Funds (the “Board”) […]

Klarna seeks new funding after valuation...

Klarna Bank AB is seeking to raise new money that could value the fintech giant at nearly a third less than the roughly $46 billion valuation it achieved just under a year ago , according to people familiar with the matter, an example of the struggles the technology faces. investment world. Klarna specializes in buy-it-now […]

Banks raise interest rates on deposits o...

VIETNAM, May 18 – A customer makes a deposit in a bank in Bình Dương province. HCM CITY – Many banks raised interest rates on deposits by 0.1 to 0.6 percentage points amid growing demand for funds. Last year, the average interest rates on six-month and 12-month bank deposits were 4.7% and 5.5%, down half […]

With $270m in new funding, Shankar Ramas...

Shankar Ramaswamy has no intention of repeating the Roivant playbook his brother started eight years ago. Instead, it wants to consolidate the gene therapy process and be the go-to store in a field that has walked a rocky road for many years. Amid a bear market, he and his 160-employee biotech landed a $270 million […]

Global equity funds see massive outflows...

(Reuters) – Global equity funds saw a surge in outflows in the week to May 11 as fears of an economic slowdown and further tightening by major central banks to rein in stubborn inflation spooked investors. In a fifth straight week of net selling, investors sold $10.53 billion worth of global equity funds, compared to […]

Interswitch receives new funding from Le...

By Adedapo Adesanya In 2022, Twitter was the place to be for the most interesting, important and impactful Ramadan conversations, with over 47 million related Tweets recorded worldwide during the holy month. This represents a 31% year-over-year increase over last year, reflecting Twitter’s role as a place to find out what’s happening in real time. […]

IDFC FIRST Bank pledges funds for social...

IDFC FIRST Bank has announced a commitment to contribute to social causes on behalf of every participant running the 10K in one hour race at TCS World 10K Bengaluru. The initiative aligns with the Bank’s philosophy of being a force for social good and the social inclusion theme of the 10K Bengaluru. TCS World 10K […]

EU mulls more funds for eastern states a...

By Francesco Guarascio BRUSSELS (Reuters) – The European Commission is considering offering landlocked states in the European Union’s east more money to upgrade oil infrastructure to convince them to agree to an embargo on Russian oil, it said on Monday. an EU source told Reuters. The measures are part of a broader package of new […]

Young joins GOP colleagues in proposing ...

Federal funds would not be allowed to be used for the U.S. Department of Homeland Security’s (DHS) Disinformation Governance Council under legislation introduced this week by U.S. Sen. Todd Young (R-IN) and 18 others republicans. DHS focuses on disinformation that threatens the safety of the American people, including disinformation disseminated by foreign states such as […]

New scandal rocks mutual fund industry, ...

Express press service MUMBAI: In another shock to mutual fund investors, who have yet to fully recover from alleged improprieties by senior Franklin Templeton executives, Axis Mutual Fund on Friday suspended two fund managers for serious violations. According to sources, the two fund managers – Viresh Joshi and Deepak Agarwal – made unwarranted gains through […]

fi: Neobank Fi makes foray into financia...

Bengaluru: Neo-banking platform Fi is making a foray into financial services, launching products such as mutual fund investing, peer-to-peer (P2P) investing and digital lending on its platform as well as other savings products. To start, the company will offer about 600 index funds and will increase the number in the future, the company said during […]

Super funds ready to lend to hotel inves...

Speaking as part of a roundtable of hotel owners at the conference, Dr Schwartz said he, “like many people”, was forced to seek financial capital outside of banks, “despite [his family] not miss a single mortgage payment in 50 years”. “In the midst of COVID-19, one of my banks said they wanted their money back, […]

Americans are ditching savings for retir...

Geber86 / iStock.com The combination of high inflation and lingering economic fears related to the COVID-19 pandemic could push more Americans to pay down debt and save for emergencies instead of building up retirement nest eggs, according to a recent survey by the First National Bank of Omaha (FNBO). Discover: 10 reasons why you should […]

Cabinet approves additional funds of ₹82

The Cabinet also granted approval in principle for a future cash injection of up to ₹500 crore to meet regulatory requirements and technology upgrade The Cabinet also granted approval in principle for a future cash injection of up to ₹500 crore to meet regulatory requirements and technology upgrade The Union Cabinet on Wednesday approved additional […]

Scammers spoof credit unions to steal fu...

Email security provider Avanan revealed in a report on Thursday that a new phishing campaign is exploiting credit unions to steal money and data. According to research by Avanan, phishing emails are disguised as legitimate messages from leading companies/companies. They are sent to trick the recipient into sharing the impersonated company’s login credentials and sensitive […]

Mutual Funds: Adjustment AMC Managers Ne...

Investing in mutual funds: Banking and IT stocks have always remained one of the favorite segments of the fund managers of Asset Management Company (AMC). This has led to higher returns from post-Covid mutual fund plans, as a good number of IT and banking stocks have managed to generate alpha returns in the post-Covid rally. […]

Banks put more excess funds into commerc...

Commercial paper rates have jumped about 15 to 20 basis points in about ten days, reducing the amount of funds banks store with and increasing working capital lending from commercial banks. Commercial papers (CP) are shorter duration debt securities typically issued by corporations with maturities of up to one year. One basis point is 0.01 […]

Province Commits Funding for Supportive ...

THE Manitoba government will fund eight supportive housing units for reuniting parents with children in the care of Child and Family Services. Want to get a head start on your day? Get the day’s latest news, weather forecasts and more delivered straight to your inbox every morning of the week. Join Head Start The units […]

Digital Funds seeks to launch a tokenize...

Registered digital securities will become ‘the new de facto digital marketplace’, says Digital Funds founder WisdomTree filed last year to launch a short-term digital cash fund that would secondarily register its shares on one or more blockchains A newly created digital asset manager that filed its first ETF last month is looking to bring another […]

How to invest in small cap funds

Kirtan Shah: Ideally, if you look at risk return data points, the answer to this question is very simple. If you allocate an equal proportion to a large, mid and small cap versus a multicap or a flexicap, you will see that on a risk-return basis, the large, mid and small cap provided a much […]

Voyager Innovations Secures $210M in New...

Voyager Innovations (Voyager), the fintech arm of integrated telecommunications company PLDT, $210 million in new funding, boosting Voyager’s valuation to unicorn-plus status at nearly $1.4 billion. Voyager operates the electronic wallet PayMaya and the neobank Maya Bank. Leading the round is new investor SIG Venture Capital, the Asian venture capital arm of SIG. Other new […]

Bank-owned mutual funds have an edge ove...

Express press service BENGALURU: In a bid to serve more customers and meet all their financial needs, banks are launching or partnering/acquiring asset management companies (AMCs) and insurance subsidiaries. Recently, Bandhan Financial Holdings Limited (BFHL), investment companies GIC and ChrysCapital signed an agreement with IDFC Limited to acquire its AMC and also IDFC AMC Trustee […]

Italy reduces impact on growth of recove...

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy has cut its estimates of the impact on economic growth of European Union funds and reforms linked to its stimulus package, a Treasury document released on Friday, saying the money will be spent more slowly. Italy is eligible for more than 200 billion euros ($216.82 […]

IT rules changed to allow infra debt fun...

The income tax department changed the rules to allow infrastructure debt funds and NBFCs to issue zero-coupon bonds. Experts say such an amendment will help mobilize resources in a fiscally efficient manner. A new notification added the word “infrastructure debt fund” as well as infrastructure company and public sector company. Accordingly, the infrastructure debt fund […]

Crypto funds post net inflows for second...

CoinShares’ weekly cryptocurrency fund flow survey shows that total digital asset investment inflows reached $180 million last week. The asset manager writes that the reporting of some late trades also pushed the previous week’s inflows up from $193 million to $244 million. The renewed inflow suggests that recent headwinds for digital assets, such as significant […]

Angel Oak Capital Advisors Closed-End Fu...

ATLANTA–(BUSINESS WIRE)–April 4, 2022– The Boards of Directors of Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) and Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE: DYFN) have approved a proposed reorganization of DYFN with and into FINS. The reorganization is intended to provide potential benefits to shareholders, including reduced operating expenses and […]

Stanbic IBTC describes N83 billion uncla...

By Aduragbemi Omiyale Stanbic IBTC Bank Plc management has reacted to reports that it has N83 billion in unclaimed funds in its possession, describing it as misleading and not representing the facts. The House of Representatives is looking into claims that around N1.2 trillion in unclaimed funds are sitting in some commercial banks across the […]

Stanbic IBTC responds to ‘N1.2trn Unclai

Stanbic IBTC Bank Plc reacted to news making the rounds in which it was alleged that the House of Representatives (HoR) ad hoc committee on the recovery of “unclaimed funds”, asked “Stanbic IBTC, first bank to hand over 97 billion naira to the government”N1.2trn Unclaimed funds. In a statement on Friday, the Bank said its […]

Mutual fund inflows via SIP will hit a n...

Inflow into mutual funds through a systematic investment plan is expected to hit an all-time high this fiscal year despite market turmoil following the Russian-Ukrainian war that rocked recovering global economies of the Covid pandemic. Steady rise Mutual fund industry SIP inflows have already surged by 29% in the first 11 months of this fiscal […]

Federal Reserve watch: Fed funds rate up...

uschools/E+ via Getty Images On Wednesday, March 16, the Federal Reserve raised its target range for the key interest rate, the federal funds rate, by 25 basis points to 0.25% to 0.50%. The Federal Reserve also saw the effective federal funds rate rise to 0.33% for the entire banking week. Thus, the Fed kept the […]

Gabelli Funds to Host the 8th Annual Was...

RYE, NY–(BUSINESS WIRE)–March 24, 2022– Gabelli Funds, LLC, will host the 8th Annual Waste and Environmental Services Symposium at the Harvard Club in New York on Thursday, March 31, 2022. This symposium will feature presentations by senior executives from leading companies, with a focus on on industry dynamics, new technologies and business fundamentals. For those […]

Investors are abandoning mutual funds be...

By AYOOLA OLAOLUWA Investors are dropping out of the Collective Investment Scheme (CIS), popularly known as mutual funds, on a daily basis due to the low rate of return recorded in some of the funds, Business Hallmark can reveal. The mad rush for the exit door comes just sixteen months after mutual funds became the […]

Cross River Bank raises funds to expand ...

“Saturday Night Live” comedian Pete Davidson will no longer be heading to space on Blue Origin’s next flight, the company announced Thursday evening. Lia Thomas of the University of Pennsylvania became the first transgender athlete to win an NCAA Division I title after finishing first in the women’s 500-yard freestyle championship. ESPN reports. The world’s […]

Why Special Situation Funds are Needed

Indian financial markets went through two crucial reforms earlier this year. SEBI came out with a dedicated regulatory framework for Special Situation Funds (SSF). And the RBI has approved the new dual structure bad bank, NARCL-IDRCL. These two reforms aim to address India’s bad debt problem. While the bad bank is an improved version of […]