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The firm did not explain the reason for the closure but noted its multi-asset capability «remains strong». Additionally, the asset manager closed three share classes across two different strategies. For the UK Sustainable Equity fund, two share classes were closed at the end of September. Eight share classes for the strategy remain available and issued. Similarly, Ninety One shut down one share class for the Global Strategic Equity fund, with five remaining share classes available and in issue. Action underway to address performance on over 30% of Ninety One funds A spokesper...

KL Rahul has been one of the most prolific run getters in the history of the Indian Premier League. Having debuted with Royal Challengers Bangalore in 2013, the 32-year-old has scored 4,683 runs in the 10 seasons that he has played. After playing just five matches in his first season, he moved to Sunrisers Hyderabad for a couple of seasons. However, his returns were average at best. 2016 proved to be the breakthrough season for Rahul, where he scored 397 runs at a strike rate of 146 in a star-studded RCB line-up that had the likes of Virat Kohli, Chris Gayle, AB De Villiers and Shane Watson. Unfortunately, he had to miss the 2017 season owing to injury and was shockingly released ahead of the 2018 mega auction. King XI Punjab (Now Punjab Kings) signed the batter in the auction, and he did not disappoint. Out of the five seasons for the franchise, he piled more than 600 runs in four years, and missed making a perfect five as he fell seven runs short in 2019.

Subscribe to enjoy similar stories. DENG XIAOPING was barely five feet tall, but China’s late ruler was a political giant. He was a leading figure in the Communist revolution and a hard-nosed Leninist.

retained players ahead of the mega auction. The rules for this year were tweaked by the BCCI with franchises allowed up to six retentions, which can include a maximum of five capped players and two uncapped players. However, retaining six players will come with a price of Rs 79 crore, which will leave only Rs 41 crore in the auction as the total purse for each team is Rs 120 crore. Further, the teams can use Right to Match (RTM) cards if with a number of RTMs equal to six minus the number of direct retentions. For example, if a team retains three players, it will have three RTMs available.

IPL 2025 Retention Live Updates: The whole cricketing world is abuzz with the IPL 2025 Retention as the deadline draws near. All the 10 franchises will get time till 5 PM IST on October 31. 2024 to finalise their core group of players they want to retain from the previous season.

A closely watched survey on manufacturing in China has edged into positive territory

Statistics Canada’s latest financial security survey shows a stark disparity between the wealth of homeowners and renters, even as it fails to capture the true scale what’s owned by Canada’s richest families.

Subscribe to enjoy similar stories. LONDON : Britain’s new Labour government presented its plan to jolt the U.K. out of years of moribund growth: more taxes and a bigger state.

As he approached his mid-90s, pioneering Black businessman George E

The European Union has finalized its sharply higher customs duties on electric vehicles imported from China

Shoppers looking to buy a luxury SUV can choose among many models from various brands

Trom Industries Ltd on Wednesday announced bagging solar projects worth Rs 33 crore from Gujarat Metro Rail Corporation (GMRC) and Corona Remedies. The company, in an exchange filing, stated that it has secured a Rs 20.70 crore work order from Gujarat Metro Rail Corporation (GMRC) Limited for five years. The company will install and maintain grid-connected rooftop solar power projects of 5MW for 15 metro stations of the Ahmedabad Metro Rail project, the filing stated. The supply will start this year in a phased manner. The company has also received a Rs 12.40 crore purchase order from Corona Remedies for commissioning a grid-connected ground-mounted solar PV plant.

Reserve Bank of India (RBI) are unlikely. According to Ind-Ra, the persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI's target of 4 percent. As such, market participants may need to brace for a prolonged period without rate cuts in the near future. While inflation and weak industrial activity weigh on the economy, there are positive signs in rural demand, driven by improved real wages for rural labourers in July and August 2024, and above-normal rainfall in most of the country. These factors are expected to boost consumption demand.

Kagiso Rabada has dethroned Indian pace spearhead Jasprit Bumrah as the top bowler in the latest ICC Men's Test Player Rankings released on Wednesday. Rabada has claimed the No.1 spot on the back of strong form for SA during the ongoing World Test Championship, with the right-armer taking his 300th Test wicket during the recent seven-wicket triumph over Bangladesh in Mirpur. Bumrah, who failed to take a single wicket in the second Test against New Zealand in Pune, has dropped two places and is now third, behind Australian fast bowler Josh Hazlewood, who has moved up to second. Veteran off-spinner Ravichandran Ashwin has also dropped two spots to be fourth with Australia skipper Pat Cummins rounding up the top five among bowlers.

Elon Musk, the world’s richest man, is reportedly developing a 14,400-square-foot mansion to accommodate his large family. According to the New York Times, Musk aims to live with his 11 children and two of their three mothers in adjacent properties, allowing his younger children to grow up together and enabling Musk to spend time with them.

Subscribe to enjoy similar stories. A synchronous improvement in the fiscal health of the Centre and states in the aftermath of the covid pandemic appears to have given way to divergence already. Staring at sizeable fiscal deficits, all had embarked on strict regimens to cut the flab from their budgets.

Subscribe to enjoy similar stories. Ignorance is bliss and little knowledge is a dangerous thing. The English language has a pithy saying for almost every occasion.

Systematic Investment Plan (SIP) is a popular tool for investing in mutual funds and building a long-term corpus. Data from the Association of Mutual Funds in India (AMFI) show that investors register SIPs of Rs 25,000 crore every month, reflecting rising interest in mutual funds. WHAT IS A SIP? SIP is an investment option offered by all mutual fund houses, which enables an investor to put in a fixed amount of money at predefined intervals in a chosen mutual fund scheme. SIPs are offered in all fund categories — equity, hybrid, gold, international fund of funds or a debt fund. Many fund houses accept amounts as low as Rs 500. SIPs automate investing and help deploy money regularly into equities and debt without worrying about the ups and downs of the market. In the long run, investors stand to benefit due to rupee cost averaging and the power of compounding.

Chinese economy looks like it is taking a major hit from certain provinces, that is making their possibilities of finishing on a high, even more difficult. The economic slowdown in China is slowly becoming a harsh reality, with the Asian country seeing five provinces going through a sharp downswing effect in recent days, with Tibet and Jilin taking centerstage in this doomsday scenario, according to a Bloomberg report.

While the deliveries of LCA Mk1a jets have been delayed due to late supplies of engines, officials have been in regular touch with US manufacturer GE and there is a degree of confidence that things will stabilise by March 2025, they said on condition of anonymity. Engine supplies have been disrupted due to the bankruptcy of a South Korean defence firm — a key supplier of parts and components, according to the people. After the company ceased operations, GE had to establish an alternative line of suppliers, leading to a delay of almost two years, they said.