Economic Times, May 8, 2020
A spectacular comeback by the bulls in April helped Indian portfolio managers deliver strong returns to their rich investors. Available data suggests almost all the 147 PMSes delivered positive returns to investors during the month. Firm global cues, intermittent news flow about the development of a Covid-19 vaccine, significant moderation in FII selling and return…
Read MoreReuters, Apr 30, 2020
MUMBAI (Reuters) – Rattled by the shock closure of some high-profile domestic funds investing in high-yielding debt, Indian investors are quickly moving their cash into the safety of bank deposits. FILE PHOTO: Commuters walk past a bank sign along a road in New Delhi, India November 25, 2015. REUTERS/Anindito Mukherjee Bankers told Reuters they have…
Read MoreCogencis, Apr 7, 2020
By Chiranjivi Chakraborty and Apoorva Choubey MUMBAI – It is a sign of the times that the biggest one-day jump in the Nifty 50 and Sensex in nearly 11 years has drawn no fanfare from traders, asset managers or the government. The near 9% surge in the benchmark indices today may indicate that the worst…
Read MoreLive Mint, Mar 31, 2020
Identify stress points such as inadequate income and reset of return expectations from different assets The new financial year has started on an uncertain note—of a kind that you may not have dealt with earlier—with the seismic effects of the covid-19 pandemic likely to be felt across the economy, jobs and livelihoods. The tumult in…
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