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Nigeria: Ministry of Finance, CBN and ot...

The Federal Ministry of Finance, the Central Bank of Nigeria (CBN), the Office of the Accountant General of the Federation and other agencies of the Federal Government yesterday voiced their support for the House of Representatives inquiry into the unclaimed funds in commercial banks as well as on unremitted funds. funds collected on behalf of […]

Cogent e-services files draft documents ...

Cogent e-services Ltd has filed preliminary documents with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial share sale includes a new issue of capital shares aggregating up to Rs 150 crore and an offer for sale of up to 994.68 lakh capital shares by promoters, according to the […]

Amundi US Declares Monthly Distributions...

BOSTON–(BUSINESS WIRE)–February 3, 2022– Amundi US today announces the declaration of dividends for six Pioneer closed-end funds for February 2022. Ex-Date: February 17, 2022 Registration Date : February 18, 2022 Payable: February 28, 2022 Teleprinter Taxable funds Distribution Per share Change The preceding month HNW Pioneer Diversified High Income Fund, Inc. $0.1100 DOCTORATE Pioneer Floating […]

ESMA guidelines on marketing communicati...

United States: ESMA guidelines on marketing communications for funds will start to apply February 02, 2022 Proskauer Rose LLP To print this article, all you need to do is be registered or log in to Mondaq.com. On February 2, 2022, the new ESMA Guidance on Marketing Communications under the Cross-Border […]

Online funds transfer between post offic...

Finance Minister Nirmala Sitharaman has announced that post office accounts will be placed under cover of core banking. It will be possible to transfer money from postal accounts to other bank accounts. This will promote financial inclusion and be a big boost for farmers. The 2022 budget focuses on financial inclusion, Nirmala Sitharaman said while […]

Bay Area projects await infusion of infr...

Plans to close schools in Oakland spark community protestsThe Oakland school community was shocked to learn that 19 OUSD public schools could close or merge over the next two years. Reports by John Ramos. (30-1-22) 12 minutes ago Hundreds of people march in SF to mark the death of Thai grandfather Vicha RatanapakdeeHundreds of people […]

InConversation: HMi meets Pablo Cironi, ...

Pablo Cironi, Director of Life Sciences Investment Funds at Caixa Capital Risc In November 2021, Swiss-based Vifor Pharma, a global pharmaceutical company specializing in iron deficiency, nephrology and cardio-renal therapies, entered into an agreement to acquire Spanish-based Sanifit Therapeutics, a stage-stage cardio-renal biopharmaceutical company. clinic focusing on treatments for progressive vascular calcification disorders. The transaction […]

Solana Funds: Yet Another Reason Why It’

Image source: Getty Images The cryptocurrency industry has seen its fair share of ups and downs over the past decade. However, despite the ongoing major sell-off in cryptocurrencies, the revolution that has taken place in the industry over the past two years is unlike anything it has seen before. I think now is a great […]

Novo uses funds to reinvent small busine...

Small business banking platform Novo announced that it has raised an additional $90 million for small business development, bringing its total funding round to more than $135 million. Novo has already surpassed $5 billion in lifetime transactions and will now use the new funding to develop digital banking products designed specifically to help small businesses […]

Decision to call on Ahmad Zahid to defen...

Datuk Seri Ahmad Zahid Hamidi is pictured at the High Court in Kuala Lumpur on December 6, 2021. — Photo by Hari Anggara KUALA LUMPUR, January 23 – The decision on whether Datuk Seri Ahmad Zahid Hamidi will be acquitted or sentenced to defend himself on 47 criminal charges of breach of trust (CBT), bribery […]

OCBC and DBS roll out more anti-scam sec...

Banks have already removed clickable links in emails and text messages The prevalence of phishing scams has been making headlines lately, with many well-known organizations being hit by scammers. As protectors of people’s hard-earned money, banks are supposed to be safer than most. Thus, at least 2 Singaporean banks – OCBC and DBS – have […]

Funds seized by North Korean bank given ...

Funds seized from a North Korean bank account are expected to be handed over to the parents of US student Otto Warmbier, who they say was tortured by North Korea before being released while in a coma. A federal judge in New York ordered the state comptroller to give $240,000 seized to Warmbier’s parents, Fred […]

Hyderabad-based Caspian Equity to deploy...

Hyderabad: Based in Hyderabad, Caspian Equity, an impact investment firm for the past 17 years, has attracted funding from development finance institutions, family offices and HNIs and invested in the food and agriculture, SMEs and financial inclusion, and returned more than $180 million to investors. Saurabh Johri, Managing Director and CEO, Caspian Equity shares with […]

Experts suggest more funds for education...

The 2022 Union budget session will start on January 31. An expert highlighted the difficulties faced by students and the impact of Covid-19 on the Indian economy. Financial budget 2022: Indian economy experts NEW DELHI: Two years of the Covid-19 pandemic have weakened the Indian economy. Ahead of the next budget session, experts are calling […]

RBZ takes on $3.8 billion debt in blocke...

TATIRA ZWINOIRATHE Zimbabwean government opened the year by assuming new debt for 855 companies amounting to $3.8 billion in frozen funds that the central bank did not help repatriate out on behalf of these companies. The assumption of debt by the Treasury was done through Act No. 7 of 2021 which gives legal effect to […]

Prime Minister welcomes UN appeal for Af...

ISLAMABAD: Prime Minister Imran Khan on Wednesday welcomed the UN’s pledge of more than $5 billion in funding for Afghanistan to avert the collapse of basic services in the war-ravaged country. The prime minister said the UN initiative was the result of a special meeting of foreign ministers of the Organization of Islamic Cooperation (OIC) […]

Gulf, domestic funds propel QSE above 12...

The Qatar Stock Exchange broke the 12,000 point mark on Sunday, mainly due to strong demand for the real estate, insurance and banking sectors.Gulf institutions increasingly turned to net buying as the Qatar 20-stock index rose 52 points or 0.44% to 12,011.4 points, recovering from an intraday low of 11 925 points.Domestic funds turned bullish […]

Delaware Funds by Macquarie® Municipal I

Today, the following three municipal income funds, all closed-end investment companies, declare their monthly dividends: Delaware Investments Colorado Municipal Income Fund, Inc .; Delaware Investments National Municipal Income Fund; and Delaware Investments Minnesota Municipal Income Fund II, Inc. (collectively, the “Funds & CloseCurlyDoubleQuote;). The investment objective of Delaware Investments Colorado Municipal Income Fund, Inc. and […]

[Newsmaker] Woori Bank Withdraws Funds F...

Osstem implant. (Yonhap) Woori Bank, one of the Big Five local banks, said on Friday it had stopped selling funds involving Osstem Implant, whose shares were suspended from trading on Kosdaq after an employee was accused of stealing money. funds equivalent to 91% of the company’s equity last year. . “It is a precautionary measure […]

Mutual fund disclaimers in TV commercial...

Piyush Goyal said mutual fund warnings in TV ads shouldn’t rush Bombay: Expressing his displeasure at the warnings in the mutual fund (FM) TV commercials rushing before the viewer can even read them, Commerce and Consumer Affairs Minister Piyush Goyal said on Wednesday that critical information about financial instruments should be disseminated at the same […]

Central bank authorizes banks to use loc...

Amid a severe shortage of loanable funds in the banking sector, Nepal Rastra Bank on Monday opened the door for commercial banks to account for up to 80 percent of local government reserve funds deposited in commercial banks. as deposits. The central bank has also paved the way for banks to use these funds for […]

Remembering the not-so-expensive mutual ...

Walk through a cemetery and you will frequently see phrases such as “forever in our hearts” or “you will always be remembered”. The mutual fund graveyard is devoid of these fond memories, but if you look at the latest monuments – to funds that passed in 2021 – you’ll see a number of recurring descriptions, […]

NJ’s first bank protecting more seniors

Community submitted content and photo First Bank announced its partnership with the Senior Housing Crime Prevention Foundation, which provides protection and a better quality of life for vulnerable residents of senior housing. As part of the Senior Crimestoppers program, First Bank’s donation of approximately $ 20,000 will directly help residents of Medford Care Center in […]

SEBI asks mutual funds not to invest in ...

SEBI Chairman Ajay Tyagi has said that until government policy is clear it would not be ideal to invest in crypto. Indian market regulator SEBI has advised domestic mutual funds to defer investing in crypto assets until its regulatory framework is clarified. At a press conference on Tuesday, the chairman of the Securities and Exchange […]

Bank funds and PSUs: the best bank mutua...

Are you looking for relatively safer debt funds to invest in the New Year? If so, you should check bank debt funds and PSUs. These plans are mandated to invest at least 80% of their corpus in debt investments of banks, public sector companies and public financial institutions. These plans have offered returns of 3.55% […]

Mutual funds add ₹ 7 lakh crore to kitty

While it may not be an easy financial environment in 2022, some experts are hopeful that the impact of the Omicron variant of the novel coronavirus may not be as severe as those seen in the first two waves of the pandemic. “To a large extent, the world has learned to live with COVID and, […]

Are Exchange Traded Funds Right For You?

Exchange Traded Funds (ETFs) have grown in popularity year on year over the past decade. But like any investment, an ETF has its fair share of advantages and disadvantages. The real question, however, is whether ETFs are the right investment for you. A longtime follower of my column in The Star emailed me asking me […]

Options Technology Holiday Gift Fund NI ...

BELFAST, Ireland – (BUSINESS WIRE) – December 23, 2021– Options Technology, the leading provider of managed services in global capital markets, presented a check for £ 6,000 to the Children’s Hospice of Northern Ireland to help fund Horizon House and community nursing teams the day before and Christmas day. This press release features multimedia. View […]

Compass Group Hires Billion-Dollar Custo...

Latin American asset manager Compass Group has signed an agreement with clearing and fund administration provider Apex Group to provide back-office services to two of its funds, the companies said. Apex will provide a full range of fund administration, corporate and custodian services to strategies marketed to investors, including institutional clients, family offices and high […]

Muslim countries pledge funds for aid to...

Delegates from the 57 Organization of Islamic Cooperation (OIC) countries gathered on December 19 in a special session in the Pakistani capital of Islamabad to set up a humanitarian trust for Afghanistan as the country faces a harsh winter where millions of people could starve. The conference was the largest international summit on Afghanistan since […]

Close the loopholes identified: a group ...

A standing parliamentary committee has called on the Department of Social Justice and Empowerment to address any identified gaps in the system, as it has expressed displeasure over allegations of embezzlement under scholarship programs for the underprivileged in some states. The panel report filed in Lok Sabha on Thursday said ministry officials claimed the system […]

FRB emphasizes the need for risk managem...

United States: FRB highlights the need for risk management in lending to private funds December 16, 2021 Cadwalader, Wickersham & Taft LLP To print this article, simply register or connect to Mondaq.com. In a supervisory and regulatory letter to institutions with large derivative portfolios and investment fund relationships, the Federal Reserve (“FRB”) reiterated previously expressed […]

Sebi: Sebi is developing a framework for...

Mumbai: Regulatory pressure to create a special category of venture capital funds focusing on purchasing distressed loans from banks and financial institutions is accelerating. At a meeting on December 6, senior officials from the Securities & Exchange Board of India (Sebi) discussed with people in the fund industry the proposal for such “special situation funds” […]

Barings Mutual Funds now consolidated wi...

SPRINGFIELD, Mass .– (BUSINESS WIRE) – December 13, 2021– Massachusetts Mutual Life Insurance Company (MassMutual) today announced that the consolidation of Barings’ mutual funds with MassMutual Funds 1 on the MassMutual Investments 2 platform announced earlier this year has been approved by the fund’s shareholders, and the funds were transferred successfully. This press release features […]

Delaware Group Foundation Funds buys Com...

The Delaware Group Foundation Funds (Current Portfolio) investment company buys Commonwealth Bank of Australia, AXA SA, Roche Holding AG, Oversea-Chinese Banking Corp, Panasonic Corp, sells AstraZeneca PLC, Nordea Bank Abp, United Overseas Bank, DBS Group Holdings , Caterpillar Inc for the three months ended Q3 2021, according to the latest filings from the investment company, […]

Unit Investment Trust Funds now online –

CUSTOMERS of Rizal Commercial Banking Corp. (RCBC) can now choose to manage their mutual fund portfolio (UITF) through online channels that include a mobile app launched earlier this year. In a statement on Thursday, the Yuchengco-led lender said that as of September of this year, 99.06% of its UITF transactions were made online. Meanwhile, compared […]

What will be the impact on debt funds?

On December 8, the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) left policy rates unchanged and persisted in its dovish stance, citing uncertainty around the new variant of Covid. This is the ninth consecutive policy meeting in which the rate-setting group has maintained key rates. The MPC kept the repo rate (the rate […]

Business News | Stock market and stock ...

Search for quotes, news, net asset values ​​of mutual funds Vodafone idea INE669E01016, IDEA, 532822 ICICI Bank INE090A01021, ICICIBANK, 532174 IEX INE022Q01020, IEX, 540750 Tata power INE245A01021, TATAPOWER, 500400 Trident INE064C01022, TRIDENT, 521064 Search for quotes, news, net asset values ​​of mutual funds Vodafone idea INE669E01016, IDEA, 532822 ICICI Bank INE090A01021, ICICIBANK, 532174 IEX INE022Q01020, […]

2021 AEC / Sovereign wealth funds grow s...

Sovereign wealth funds are gaining ground in Africa, although urgent financial reforms are needed to stimulate foreign investment following the Covid-19 pandemic. This is what economic experts say speaking on the second day of the 2021 African Economic Conference in Cabo Verde. Studies presented at one of Friday’s sessions highlighted the progress made in some […]

Sovereign wealth funds are slowly gainin...

Share it with more people! Sovereign wealth funds are gaining ground in Africa, although urgent financial reforms are needed to boost foreign investment in the wake of the COVID-19 pandemic, economic experts said on day two of the 2021 African Economic Conference . Studies presented at one of the sessions on Friday, December 3 highlighted […]

How mutual funds missed the Power Grid r...

Call it an error in judgment, but domestic mutual funds (MFs) have missed the boat by investing in India’s leading PSU power companies. Over the past 24 months, MFs have stuck with their higher portfolio allocation to NTPC as the rally in another PSU Power Grid Corporation has taken the markets by surprise. Power Grid […]

Amundi US Reports Monthly Distributions ...

BOSTON – (BUSINESS WIRE) – December 1, 2021– Amundi US today announced the declaration of dividends from six closed Pioneer funds for December 2021. Departure date: December 10, 2021 Recording date: December 13, 2021 Payable: December 20, 2021 Teleprinter Taxable funds Distribution Per share Change The preceding month HNW Pioneer Diversified High Income Fund, Inc. […]

SIP In Debt Funds – Here’s Why They Are

Setting aside a set amount of money each month specifically for saving or investing is the best way to build wealth. For people willing to invest a fixed amount each month rather than a one-time investment of a huge amount, starting a SIP is the most preferred option today. The fall in the interest rate […]

Gordon to Use $ 27 Million in Relief Fun...

A portion of that $ 27 million will be used to sponsor the first year of the Wyoming Innovation Partnership (WIP), the office said in a statement. The initiative, unveiled in January, is a collaboration between the University of Wyoming and community colleges in the state. The money comes from funds given to Wyoming through […]

VM Investment to acquire Republic Funds ...

Mutual Victoria Investments Limited, VMIL, has entered into an agreement with Republic Bank (Barbados) Limited to acquire 100% of the shares of Republic Funds (Barbados) Inc. Republic Funds owns and operates Republic Bank Barbados, which comprises the companies Republic Property Fund, Republic Income Fund and Republic Capital Growth Fund. VMIL expects the transaction to close […]

Schroder British Opportunities Joins Six...

Schroder British Opportunities was the only trust to receive an “Elite Radar” rating in the latest round of reviews. Juliet Schooling Latter, research director at FundCalibre, pointed out that this was one of the few products to be launched in response to Covid-19. “The portfolio consists of 30-50 small and medium public and private companies […]

Domestic funds buy amid declining QSE tr...

Large profit taking, especially in industrial and real estate meters, slid the Qatar Stock Exchange by more than 100 points on Monday and its key barometer slipped below 10,900 levels.Nonetheless, national institutions have increasingly tended to buy net products even as the Qatar 20-stock index lost 103 points or 0.87% to 11,810.61 points, a drop […]

Electric Vehicles, Growth Fuel High Octa...

Strategic and financial investments are pouring into the Indian automotive sector after a lull of almost half a decade. Increased electrification and aggressive growth plans by global auto players are paving the way for renewed investor confidence. Earlier this week, Japanese multinational Kubota Corp said it would inject 9,400 crore yen into the Nanda family-owned […]

Certain BlackRock Closed End Funds Annou...

NEW YORK – (BUSINESS WIRE) – November 19, 2021– BlackRock Advisors, LLC announced today that the boards of directors / trustees of six BlackRock Limited Time Closed-End Funds (the “Funds”) have authorized open market share buyback programs (the “Redemption Programs”). »Under which each Fund may redeem, until November 30, 2022, up to 5% of its […]

Kim Kardashian West finances British rob...

Members of the Afghan women’s youth development football team were airlifted to the UK on an evacuation flight funded by US reality TV star Kim Kardashian West. The 35 players and their families, 130 in total, touched down at Stansted Airport shortly before 4 a.m. today, according to the ROKiT Foundation. We are very proud […]

Investors flock to Aim – target those st

Brendan Gulston, Gresham House UK Multi-Cap fund manager, suggested the Aim share Randall & Quilter, an insurer, although investors should note that it is not clear whether it qualifies for IHT relief. “The business seems very technical, which often acts as a barrier preventing people from investing in it,” said Mr. Gulston. “But we think […]

Voya Equity Closed-End Funds Declare Dis...

SCOTTSDALE, Arizona – (BUSINESS WIRE) – November 15, 2021– Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), today announced the monthly distribution on the common shares of one of its closed-end funds. With regard to the Fund, the distribution will be paid on December 15, 2021 to shareholders of record […]

Trillions: how index funds took over the...

In 2007, a 36-year-old Wall Street investment manager named Ted Seides took a bet with legendary investor Warren Buffett. The Oracle of Omaha, as Buffett is called, had claimed that “a fund that just follows the US stock market will beat any group of top-flight hedge fund managers.” Seides opposed it. The pair agreed to […]

Business News | Stock Market News and S...

Search for quotes, news, net asset values ​​of mutual funds FSN E-Co (Nykaa) INE388Y01029, NYKAA, 543384 IRCTC INE335Y01020, IRCTC, 542830 Tata power INE245A01021, TATAPOWER, 500400 IEX INE022Q01020, IEX, 540750 Tata Engines INE155A01022, TATAMOTORS, 500570 Search for quotes, news, net asset values ​​of mutual funds FSN E-Co (Nykaa) INE388Y01029, NYKAA, 543384 IRCTC INE335Y01020, IRCTC, 542830 Tata […]

Infrastructure funds increase in Spain w...

11/08/2021 at 08:39 CET Araceli Munoz “Spain is probably one of the most dynamic economies in the European Union. If you look at the world of infrastructure, this is one of the big hotbeds of international funds. We like the fact that Spain is very receptive to foreign investment and has excellent management teams, ” […]

Strong earnings season pushes mutual fun...

A strong earnings season helped equity markets reach record highs in October despite some underlying supply constraints and a slower-than-expected recovery in some sectors. Many of the top mutual funds and ETFs shone again despite some trepidation at the start of the month. X “We were pleasantly surprised by the number of companies that actually […]

Langford’s accessible housing program tr

The City of Langford’s recently announced Accessible Home Ownership Program offers a new and innovative way to give potential buyers a “boost and a head start”, but experts say the program will subsidize housing primarily for households with income well above the median. Those who qualify could benefit greatly. The City will provide grants of […]

Recent High Court judgment on funds prot...

The High Court, in its recent judgment Regarding ipagoo LLP (in administration) [2021] EWHC 2163 (Ch) (Ipagoo), determined that there is no legal confidence in the protected funds held under the Electronic Money Regulations 2011 (EMR). This can be contrasted with the decision In Re Supercapitale [2020] EWHC 1685 (Ch) (Supercapital) who found that the […]

Brunel PP transfers £ 3bn more passive f

Posted on 02/11/2021 Brunel Pension Partnership has migrated over £ 3 billion in assets to the new FTSE Russell Paris-aligned benchmark series that they developed in coordination with FTSE Russell, the index, data and analytics provider. Five client members of the Brunel Pension Partnership have made the decision to switch from passive fund allocations to […]

Bengaluru-based space tech start-up SatS...

SatSure, a Bengaluru-based space technology startup that builds business intelligence using data from satellites for the banking and insurance industries, has raised an undisclosed amount of equity led by Baring Private Equity India. SatSure will use the capital to hire more people to grow its product portfolio and increase its international business footprint, while also […]

Vulnerable countries need urgent funds t...

One such redistribution is climate justice – and “we will not succeed in reducing our carbon emissions if the world’s poorest and most affected by climate change are not shielded from the costs of the energy transition,” according to an article by opinion co-authored by Hasina in Newsweek. with Patrick Verkooijen, CEO of the Global […]

BMO Investments Inc. announces changes t...

TORONTO, October 29, 2021 / CNW / – BMO Investments Inc. (the “Manager”), the manager of BMO investment funds, today announced management and administration fee reductions for certain series of securities of BMO Money Market Fund , as well as a portfolio manager and / or a change sub-advisor for certain funds. Management and Administration […]

Funds held in Lebanon: UK consumer laws ...

Bryan Cave Leighton Paisner LLP28 October 2021 To print this article, simply register or connect to Mondaq.com. Summary The financial and humanitarian crisis in Lebanon continues to be on the first page. Our commercial litigation team supports Families domiciled in English with funds held in Lebanese banks for take expedited legal action with the English […]

Mississippi Nonprofit Receives $ 10,000 ...

NATCHEZ, Miss – (COMMERCIAL THREAD) – Natchez-Adams County Habitat for Humanity (Natchez-Adams Habitat) received a Partnership Grants Program (PGP) award of $ 10,000 from Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) at a check presentation ceremony this week. The organization will use the funds to cover administrative, accounting and insurance […]

eNaira will help fight illicit fund flow...

Of Juliana Taiwo-Obalonye, ​​Abuja President Muhammadu Buhari expressed hope that the recently launched eNaira would stimulate and reposition the Nigerian economy to attract investors. He also said that the Treasury Single Account (TSA), Bank Verification Number (BVN) and National Identification Number (NIN) initiatives have bolstered his administration’s anti-corruption efforts. Speaking at the fifth edition of […]

Billions of funds for environmental just...

By Drew Costley, AP science writer Tens of billions of dollars for US environmental justice initiatives originally proposed in a $ 3.5 trillion domestic spending package are now on the line as Democrats decide how to lower the bill to $ 2 trillion. Investments in a wide range of these projects have been proposed in […]

How to Get Same Day NAV in Mutual Funds

NEW DELHI : According to the rules of the Securities and Exchange Board of India (Sebi), the net asset value (NAV) is attributed when the funds are realized by the fund companies before the prescribed time, i.e. before 3 p.m. However, there is no way for a regular retail investor to transfer money on any […]

China mutual funds reach $ 3.75 billion ...

TOKYO / SHANGHAI – As the China Evergrande group debt crisis rocked Chinese financial markets, the Chinese version of Twitter came alive with posts talking about mutual funds. “99.99% of people should buy mutual funds instead of picking stocks themselves,” a post on Weibo read. “These are the reasons I recommend mutual funds over individual […]

Ex-NBA Star Foundation Says Coach Abused...

By Ivan Moreno (Oct 22, 2021, 7:21 p.m. EDT) – Former NBA All-Star Amar’e Stoudemire’s foundation is suing former director of its Florida youth basketball program, claiming Thursday that he has continued to use the foundation’s marks since his dismissal last month for allegedly stealing grant funds. The Amar’e Stoudemire Foundation federal lawsuit alleges that […]

China Evergrande prepares funds for paym...

Breadcrumb Links PMN company Author of the article: Reuters Clare Jim and Andrew Galbraith Content of the article HONG KONG / SHANGHAI – China Evergrande Group has provided funds to pay interest on a US dollar bond, a person with first-hand knowledge of the matter told Reuters on Friday, days before a deadline that allegedly […]

Morgan Stanley Poll: Pension Funds Pave ...

NEW YORK – (BUSINESS WIRE) – October 20, 2021– According to a new report and survey released by Morgan Stanley, while a large majority of pension funds say that including gender and race diversity in investment decisions can be financially beneficial, more than the half of asset owners globally say they think they have to […]

Listen: Why You Should Consider Investin...

Hi hello. Welcome to ETMarkets Morning, the money, business and markets show. I am Nikhil Agarwal. Let’s start with the headlines first. – Gita Gopinath leaves her post at the IMF– The Center is considering amending the law on drugs to make it stronger– Ola’s top executives exit ahead of potential IPO– Gasoline and diesel […]

Balasubramanian elected president of the...

Balasubramanian was elected President of the Association of Mutual Funds in India at the recent AMFI Board of Directors meeting. Balasubramanian is CEO of Aditya Birla Sun Life Asset Management. He would succeed Nilesh Shah, Managing Director of Kotak Mutual Fund. Balasubramanian previously served as AMFI President between 2017 and 2019 and will now continue […]

Have you lost money in online fraud? Fo...

New Delhi: Amid the pandemic, the number of cybercrimes such as online fraud is on the rise. In the past year alone, more than 2.7 million adults have been victims of identity theft, according to a report by security research firm Norton Lifelock. Hackers misuse our personal and financial information to loot money from the […]

Funds in hurricane-prone areas “more lik

According to the study, funds in hurricane-affected areas or hurricane-prone areas were up to 38% more likely to vote for eco-initiatives compared to areas that weren’t. Researchers Guosong Xu and Eliezer Fich speculate that such a lack of electoral support is driven by shareholders’ perception that climate change is not an immediate concern. Xu said, […]

Citigroup profits jump 48% after freeing...

Citigroup Inc. VS 0.77% said on Thursday its third-quarter profit rose 48%, after the bank freed up some of the money it set aside for bad debts at the start of the pandemic. The bank reported earnings of $ 4.64 billion, or $ 2.15 per share, from $ 3.15 billion, or $ 1.36 per share, […]

What does 2021 have in store for the fin...

Cadwalader, Wickersham & Taft LLP12 October 2021 To print this article, simply register or connect to Mondaq.com. self In this episode of Fund Finance Friday: Industry Conversations, Fabien Bonavia and Mohith Sondhi from OakNorth The bank joins Cadwalader partner Samantha Hutchinson to discuss their experience and perspectives on the fund financing markets. The content of […]

Flows into sustainable funds bring Liont...

Managing Director John Ions said the company generated net inflows of £ 1.1bn in the last quarter to bring the total to £ 2.1bn since the start of the fiscal year on April 1 2021. “Clients demanding a more sustainable outcome from their investments continue to drive significant flows into our funds for a sustainable […]

Greene County residents weigh on stimulu...

Residents surveyed by the Greene County government say mental health services should be the top priority for tens of millions of dollars in federal stimulus funding. The survey garnered 1,719 responses and 645 written comments, according to a press release. The debate centers on half of the county’s $ 56.8 million in American Rescue Plan […]

4 top-rated thematic funds by Crisil for...

Crisil thematic programs classified 5 stars Thematic Fund 1 year SIP performance SIP performance over 3 years SIP performance over 5 years Minimum SIP amount BOI AXA Manufacturing & Infrastructure Fund – Growth 61% 38% 22% Rs. 1000 DSP Fund for Natural Resources and New Energies – Regular Plan – Growth 62% 37% 21% Rs. […]