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The strategy, which currently holds about £10.6m in assets under management across 161 holdings, reached its peak with £12.8m in November 2022, according to data from Morningstar Direct. Launched in February 2021 by then-Aberdeen Standard Investments in partnership with The Big Issue Group, MACS committed to sharing 20% of the net revenue generated by the fund to support TBIG's social causes. Retail investors were able to access the vehicle directly through ethical and impact investing platform The Big Exchange, which rates the fund as an Impact Leader, despite noting that «reporting ...

State Street, the second-oldest bank in the US, is actively searching for a leader for its digital assets solutions team.

mutual fund scheme, investors tend to view the historical returns and evaluate them on that basis. Here, we list out the top performing focused mutual funds which have managed to beat the benchmark index in the past 5 years. A benchmark index is a yardstick against which the performance of a mutual fund can be measured.

Pradeep Simha, Hyderabad, Telangana The Nifty MidSmallcap400 Momentum Quality 100 Index, is a strategic index that has been designed to track the performance of stocks that exhibit both momentum and quality characteristics. The Nifty MidSmallcap400 Momentum Quality 100 Index is a subset of the Nifty MidSmallcap 400 Index, which includes mid and small-cap stocks.

NCRTC), which is executing the Rs 30,000-crore Delhi-Meerut regional rapid transit system (RRTS) project, has invited bids for leasing of commercial space at three stations along the corridor.

Oracle Meme ($OMEME) is an emerging meme coin project that comes with advanced AI capabilities.

The cinema business model was fairly straighforward, before covid and streaming platforms upended it: multiplexes would lease a large space in a mall on rent, build theatres and screen movies. Elections and cricket extravaganza IPL have further complicated the movie business, prompting multiplexes to rethink their strategy. Multiplex chains that have seen their business hit new lows over the past few months, with big Hindi language releases having reduced to a trickle and few hits in Hollywood and other local languages such as Tamil or Telugu, are trying to convince mall developers to agree to a partnership model where they can co-invest in new theatres.

retirement planning have changed. It is old-fashioned to seek pension from the government and live an entitled life. Many investors prefer to take matters into their own hands.

business strategies that involve imports of crucial raw materials and machinery from China. Last week, S Jaishankar obliquely questioned the patriotism of firms that source material from China that could be bought or manufactured locally. 'If peace and tranquillity in border areas are disturbed, would you do business with someone who has just barged into your drawing room and is trying to make a mess of your house fencing? It's common sense that if a country has gone back on written agreements and is doing something on our borders, how can we then say that the business world will continue as normal and other things won't,' the foreign minister said at the CII annual business summit in New Delhi last Friday. The timing of this statement is significant for two reasons. One, it comes just 17 days before EC is due to announce the results of the ongoing parliamentary elections that will lead to the formation of the next government. Two, China has just emerged as India's biggest trading partner surpassing the US, according to figures released by Global Trade Research Initiative (GTRI).

₹15 crore, which he expects to achieve within the next five years. Guin began his career in software sales, but now works in a strategy role at a large telecom firm, which he transitioned to after earning an executive MBA at the Indian Institute of Management, Ahmedabad. He discovered the FIRE movement on social media in 2018, but his interest deepened during the covid pandemic in 2020.

In 2023, India's financial landscape underwent some noteworthy changes, particularly in borrowing habits. The retail lending sector experienced substantial shifts, largely driven by the rising demand among young consumers and the expansion of credit to previously underserved areas. These developments are indicative of a broader trend in which consumers are diversifying their borrowing strategies to leverage emerging financial opportunities.

businesses in India — as many as 91 per cent — face innovation challenges, according to insights accessed exclusively by ET from the Dell Technologies Innovation Catalyst research. The research highlighted that data and AI are crucial for innovation today, whether for productivity gains or sustainability, while also revealing the challenges that arise. In all, 6,600 IT and business decision-makers were surveyed globally, of whom 300 were from significant businesses in India.

Credit card cashback offers not only help us save money, but also give us opportunities to reduce costs on our daily expenses. This could involve shopping, eating outside or even paying your utility bills. However, did you know that with proper planning, you can double your cashback rewards?

Financially troubled edtech major, Byju’s, has begun the process of asking a section of employees to return to office, sources said. The move signals a potential re-evaluation of the company’s work-from-home strategy, which was implemented under former India CEO-Arjun Mohan, who quit in April.

India's structural reforms, Amitabh Kant, India’s G20 Sherpa and former Niti Aayog chief, said such reforms have moved the country from the fragile 5 to the top 5, leading to a growth rate of about 8.4% in the last 3 quarters. «Analysts are correct in saying that 30% of the global GDP growth will come from India between 2035-2040,» said Kant while addressing the CII Annual Business Summit 2024. Kant urged India Inc to work with the states to accelerate their development. He added that the government needs to collaborate with the states as we need to focus on building 12-13 champion states growing at 10-11% per annum.

Notre Dame cathedral, will still be under renovation after a devastating fire that ignited in the cathedral and burned for 12 hours on April 14, 2019. When the last embers were extinguished, most of Notre Dame's wood and metal roof was destroyed, and its majestic spire had vanished, consumed by flames. Notre Dame is nearly 1,000 years old and has been damaged and repaired many times. Its last major renovation was in the mid-1800s. The massive beams that framed the structure were fashioned from European oak trees harvested 300 to 400 years ago. Today, these trees are common throughout north-central Europe, but few are tall enough to replace Notre Dame's roof lattice and spire, thanks to centuries of deforestation. Planners had to search nationwide for enough suitably large oaks for the restoration.

Cement maker Dalmia Bharat Ltd has commenced production at its new mill in Ariyalur manufacturing unit in Tamil Nadu, according to a regulatory filing by the company. With the commencement of commercial production of this 1 MTPA cement unit, the total cement manufacturing capacity of the company stands at 45.6 MTPA, it said. «With an investment of Rs 204 crore, this strategic brownfield expansion is aimed at strengthening its market presence in the South and meeting the growing demand for cement in the region,» the company said in a statement. This is in line with the company's long-term growth strategy aimed at increasing its total installed capacity to 110 -130 MT by 2031, it said.

If you want to work for afamily office that was previously a hedge fund and that’s run by a mysterious figure from Preston in Lancashire who’s kind to his mother, then good news: Mike Platt is hiring at BlueCrest. The Financial Times reported earlier this month that Platt intends to hire 30 portfolio managers, to add to the 170 “pods” it has already. The new hires, some of whom are already in process, will reportedly focus on areas like macro, commodities and systematic strategies. 

It's a new era at Citigroup. Five layers of unnecessary management have been cut, and so too — as of today — have surplus executive assistants.

Meghalaya State Council on Climate Change & Sustainable Development discussed the need to have a regulatory framework through the Amendment of the existing Meghalaya Protection of Catchment Areas Act, 1990 to protect critical catchment areas from further degradation. A meeting of the Meghalaya State Council on Climate Change & Sustainable Development under the Chairmanship of Chief Minister, Conrad K. Sangma, was held on May 16, 2024, at the Main Secretariat Building, Shillong. The meeting centred around leveraging community institutions as part of a collaborative strategy for community-led climate action. Despite abundant rainfall and lush green landscapes, the State stands at a critical juncture amidst climate change, where urgent and coordinated, interventions are needed to ensure sustainable environmental management and resilience. In response to this, the Council unanimously agreed on the need for coordinated and targeted strategies towards climate action particularly on the Rejuvenation of critical water sources, Catchment area protection and massive afforestation.

profit after tax (PAT) increased 43 per cent to Rs 126 crore in the March quarter, driven by strong sales. The drug maker had reported a PAT of Rs 88 crore in the March quarter of FY23. Revenue increased to Rs 862 crore in the fourth quarter as against Rs 762 crore in the year-ago period, JB Chemicals & Pharmaceuticals said in a statement.