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Apex Group Tokenizes Maltese Fund on Polygon Blockchain
Apex Group, a leading fund administration firm, has taken a significant step in the tokenization space by tokenizing the shares of a Maltese fund...
Focused Funds See 60% Jump in Inflows in February Amid Market Volatility
In February, Focused Funds experienced a significant surge in inflows, with a 60% increase, reaching Rs 1,288 crore despite ongoing market volatility. This was...
Bandhan Mutual Fund Launches Short-Term Debt Index Fund
Mumbai, March 7, 2025: Bandhan Mutual Fund has unveiled its new investment product, the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund. This...
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Domestic Mutual Funds Fill Gap Left by Foreign Investors Exiting Indian Equities
The Indian equity market has experienced a significant shift, as Foreign Portfolio Investors (FPIs) reduce their holdings,...
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Edelweiss Mutual Fund Imposes ₹1 Lakh Investment Limit on 7 Funds
Edelweiss Mutual Fund has announced a daily investment limit of ₹1 lakh per PAN for various transaction...
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Investors Face Losses in Most Sectoral and Thematic Mutual Funds in the Last 6 Months
In the past six months, mutual fund investors have faced significant losses across most sectoral and thematic...
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Does the Fund that Buys Run Out of Principal to Still be Able to Deduct Money?
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In the fund market, investors buy funds that do not lose all their capital. The worst outcome would be that the funds investors bought...
What Accounts for the Sharp Drop in Funds?
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1.The sharp drop in the market and the sharp drop in the fund market is mostly due to the sharp drop in the stock...
Germany aims for 30 billion euro investment in new start-up strategy
BERLIN, June 3 (Reuters) - Germany's economy ministry has drawn up plans to foster the start-up scene in Europe's largest economy with a batch...
Toshiba to flag that activist board nominees were not approved unanimously
TOKYO, June 3 (Reuters) - Toshiba Corp (6502.T) plans to notify shareholders that two board director nominees from activist hedge funds were not approved...
Some hedge funds face steep losses after betting on hot sectors
BOSTON, June 2 (Reuters) - Hedge fund investors are bracing for a river of red ink as firms begin reporting returns for May when...
Goldman Sachs COO Waldron sees unprecedented shocks in economy
NEW YORK, June 2 (Reuters) - Goldman Sachs' (GS.N) President and Chief Operating Officer John Waldron said on Thursday the current economic turmoil is...
Bank of America’s Merrill Lynch to pay $15.2 mln to overcharged mutual fund customers
NEW YORK, June 2 (Reuters) - Bank of America Corp's (BAC.N) Merrill Lynch unit will pay more than $15.2 million to thousands of customers...
Countryside’s top shareholder urges company to find buyer after Inclusive bid
LONDON, June 2 (Reuters) - The biggest shareholder in British housebuilder Countryside Partnerships (CSPC.L) has urged the board to find a buyer for the...
Engine No. 1 rushes to back ESG disclosures at top companies
June 2 (Reuters) - Sustainability-focused hedge fund Engine No. 1 has backed 83% of shareholder resolutions on environmental, social and governance (ESG) topics at...
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
AXA registers Shanghai fund unit as city seeks revival from COVID
SHANGHAI, June 2 (Reuters) - AXA Investment Managers has completed registration for a private fund unit in Shanghai, as Chinese regulators streamline processes to...
Julius Baer sells Fransad business to management
ZURICH, June 2 (Reuters) - Julius Baer (BAER.S) is selling Geneva-based wealth manager Fransad Gestion to its management team, the Swiss private bank and...