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Monday, May 24, 2004

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MUTUAL FUNDS
Consolidation leaves many fund managers jobless
SHRINKING job opportunities and inflated salaries are giving many fund managers nightmares. The situation has worsened with growing consolidation in the industry. In two of the recent acquisitions in the industry - Principal's buy of Sun ... More

Dynamic asset allocation need of the hour
NERVOUSNESS in the equity market may actually mean good news for debt funds. Inflows into the latter are expected to look up even as their equity counterparts record a decline in collections. Liquid and short term schemes could gain ... More

STOCK MARKETS
Overseas equity funds take out $18 m
Equity funds are facing net redemptions right across the globe. Redemptions are plaguing even mature markets such as the US and Europe. More

Stocks on the path of recovery
The absence of long-term domestic investors, who can play the role of contrarians, was felt strongly once again during the crisis. More

It's Left hand drive on Dalal Street
After seeing the plight of the BJP at the hustings due to it's pro-reforms image, there will be little motivation for the Congress to run that extra mile on the roads to reforms. More

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