Strategy Financial News

A Fund of Funds (FoFs) is a mutual fund that invests in other mutual funds or ETFs instead of directly in stocks, bonds, or other securities. They come in various types, such as equity-oriented, debt-oriented, hybrid, international, thematic or sectoral, ETF-based, and commodity fund of funds, each catering to different investor needs and offering diversification.

In Friday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

mutual funds that have been following the value investing strategy have offered handsome returns in the last year. However, fund houses that had been following the growth strategy have suffered. If you swear by value investing principles, you may invest in value funds to take care of your long term needs. If you are new to value investing, you should acquaint yourself with this style of investing and its merits and demerits. A value investor tries to choose stocks that are available at cheaper valuations. These investors employ various ratios and methodology to identify such stocks. Essentially, they look for stocks that are available at a discount to their real or intrinsic value. Simply put, it means the market hasn't discovered the true potential of these stocks and they are available at a discount. Also Read |9 equity mutual funds offer over 15% CAGR in 5, 7, and 10 years

Jefferies' Global Head of Equity Strategy Chris Wood has added GMR Airports Infrastructure to his India long-only portfolio while reducing stakes in ICICI Bank, HDFC Bank and Axis Bank. «An investment in GMR Airports Infrastructure will be introduced in the India long-only portfolio with a 4% weighting. This will be paid for by reducing the investments in ICICI Bank and HDFC Bank by one percentage point each and by shaving the investment in Axis Bank by two percentage points,» Wood wrote in his GREED & fear newsletter.

Shamaila Khan at UBS Asset Management has deployed a somewhat counterintuitive strategy for bond investments. The head of fixed income for emerging markets is breaking with the likes of Goldman Sachs Group Inc. and is steering clear of investor favorite Indian government debt, while embracing volatile Chinese high-yield bonds, which have suffered from a prolonged property crisis.

Apple Inc, as we learnt this week, aims to simplify artificial intelligence (AI) for the masses in a bid to keep its users and shareholders engaged and happy. Its goal is billed as “AI for the rest of us," reminiscent of Steve Jobs’ strategy of making computers aesthetic and user-friendly. While CEO Tim Cook may lack Jobs’ charisma, he kept Apple’s allure well polished.

New Delhi: Multiplex chains are seeing revenue from sale of food and beverages grow faster than earnings from ticket sales, in an indication of the failure of movies to capture audience attention. And it isn't just about selling popcorn and cola at the cineplex. Theatre owners are increasing F&B sales through gourmet food created by star chefs, tie-ups with aggregators for home delivery, outdoor catering, kiosks in malls, etc.

Stellantis CEO Carlos Tavares has expressed dissatisfaction at the operation of some U.S. plants on Thursday as the automaker struggles with lower shipments and falling revenues

New York Life Investments appears to be pulling the plug on the semi-transparent ETF structure, switching its two products that do not disclose holdings daily to a fully transparent model.

Change is afoot at Northwestern Mutual, with four members of its C-suite getting new titles with expanded mandates to match.

MicroStrategy announced on June 13 a move to increase its bitcoin holdings massively.

MicroStrategy (MSTR) is looking to add more bitcoin (BTC) to its stash, and is raising $500 million in debt to facilitate the purchase, along with other corporate purposes, the company announced Thursday.

Fractional ownership is becoming more and more common with high-end items like art, real estate, and antiquities. These investments are more broadly available as this method enables many individuals to own a piece of a valuable asset.

Today’s lending methods make it challenging for financial institutions to strike a balance between profit and social responsibility. On the one hand, lending for profit is vital for businesses, whereas lending for social good benefits communities.

Consumer electronics startup Indkal Technologies has raised $36 million in a funding round led by Mauritius-based Aries Opportunities Fund. The funding, entirely primary, was the first by the 2020-founded firm and was done at an undisclosed valuation.

IT sector, according to a report released on Thursday. The highest share of job postings for freshers was witnessed by the IT and staffing industry with over 32 per cent and 12 per cent share of jobs, respectively, dedicated to entry-level professionals, foundit (formerly Monster APAC & ME) report on fresher hiring trends. Additionally, it revealed that the demand for freshers has increased 5 per cent over the last six months. The report is based on an analysis of data on foundit platform from May 2023 to May 2024.

LPL has bolstered its advisory presence further in Illinois as a veteran pair from Stifel embark on a long-planned journey of professional independence.

Indian stock markets regained their composure after a period of volatility, with a significant rise in the share of stocks that traded in positive territory. This came after a whirlwind of emotions that gripped investors in the lead-up to and the aftermath of the election results last week. “The Indian stock market has shown strong resilience after the recent election results," said Kranthi Bathini, director of equity strategy at Wealth Mills Securities.

T20 World Cup 2024, Hardik Pandya delivered phenomenal spells, especially against Pakistan, a game which went to the final ball. All the trolling and then rumours about his disrupted marriage don't seem to affect him that much, and Hardik Pandya is looking back in shape. Hardik Pandya's recent interaction with Australia legend Ricky Ponting might provide closure to Indian cricket fans, who are still confused about the buzz around his divorce.

₹2,650, sees an upside potential of 20 per cent.“Accordingly, we expect a 16% earnings CAGR for MANKIND over FY24-27. Considering its strong brand visibility, sustainable earning growth and superior return ratios, we value MANKIND at 40x12M forward earnings (30% premium to the Healthcare sector PE) to arrive at a TP of INR 2,650," the firm said in its note.Also read: Ambuja Cements' acquisition of Penna Cement for ₹10,422 crore raises Adani's cement market share by 8%Considering the company's broadened product range across key therapies, a growing focus on chronic treatments, expansion of its brand portfolio, enhanced productivity of medical representatives, and increased presence in metro and Tier-I cities, the domestic brokerage has applied a 40x multiple on projected earnings for the next 12 months.

Modi 3.0: As Nirmala Sitharaman back on FM's chair, share market pundits bet on…Experts say it is almost evident that the ultra-low rate regime of the pre-pandemic era may not return. What should be the investment strategy during an elevated rate regime?Mint consulted experts for their insights on investment strategies during an elevated rate regime. Here’s what they shared:Hajra said in a high-interest-rate environment, a greater allocation to fixed income over equity assets is advisable.