MARKETS
FINANCIAL SERVICES
SSKI plans to enter PMS in big way
STOCK broking firm SSKI has decided to enter the PMS (portfolio management services) business in a big way. It has proposed to work out a two-pronged strategy with a view to tap high networth clients. The first will be flagged off as a special ...
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MUTUAL FUNDS
The compulsions of fund manager
The fund managers' role is restricted only to stock selection, while market timing, in the open-ended vehicle is done by the investors themselves, by way of their entry and exit into the schemes.
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Weak market affects MIPs too
MONTHLY Income Plans (MIPs), the darlings of the asset management industry till recently, are currently going through a bad patch in terms of both performance and new inflows, a trend that prompts us to take a fresh look at them. But before we ...
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REGULATORY BODIES & RULINGS
Synchronous trades in GTB SEBI completes probe into ICICI Brokerage role
THE Securities and Exchange Board of India (SEBI) is expected to pass orders very soon on the investigations into the role of ICICI Brokerage Services Ltd (IBSL) with regard to certain synchronous trades in the shares of Global Trust Bank in ...
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INTERVIEW
`Investors prefer stable Govt at Centre'
KOTAK Mahindra Mutual Fund has lately reported a growth in the equity assets under its management. With the addition of Kotak Global India to its family of products, it now handles quite a few equity schemes, including a couple that are focused ...
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COMMENTARY
Mid-cap stocks may perform well
Though the higher intra-day volatility has become a reflector of the fluctuating market mood and a part of its exercise in finding a stable equilibrium, the general fund flow to equities may tend to improve.
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Infotech counters end on strong note
THE US equities witnessed mixed trend as the broad benchmark S&P 500 fell for the third straight week despite a stronger-than-expected consumer data. The S&P 500 slipped 0.2 per cent last week. According to Bloomberg data, this was the longes
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