Strategy Financial News

New research by Cerulli Associates indicates that financial advisory practices that integrate technology extensively are experiencing more rapid growth compared to those that do not.

As registered investment advisors face an increasingly complex landscape marked by rapid technological advancements, changing client demographics, market uncertainty, and emerging investment opportunities, the path to sustainable growth and competitive differentiation has become more challenging than ever.

The relentless hard work has finally paid off, leading to a highly successful debut in the market. BlackCard Credit Card is introducing the BcCoin Token. The AI technology enables you to effortlessly spend your cryptocurrency anywhere traditional debit cards are accepted. Say goodbye to limitations and embrace the freedom to use your digital assets for daily purchases, online shopping, and ATM withdrawals.  

fund managers suffered their worst-ever quarter for ESG-focused products as the pace of client redemptions intensified. Client withdrawals from US funds targeting environmental, social and governance goals reached $8.8 billion in the first three months of 2024, according to fresh data compiled by Morningstar.. That stood in stark contrast to the roughly $11 billion of inflows into ESG funds in Europe, where sustainable investing regulations are far more entrenched.

chess prodigy D Gukesh on Thursday thanked the legendary Viswanathan Anand for playing a huge role in shaping his career, saying «I wouldn't have been close to what I am now if it wasn't for him». The 17-year-old Grandmaster scripted history on Monday by winning the Candidates Chess Tournament in Toronto to become the youngest ever challenger to the world title, beating a record created by the legendary Garry Kasparov 40 years ago. The triumph paved the way for Gukesh's clash against reigning world champion Ding Liren of China later this year. «Vishy sir has been a huge inspiration for me and I have heavily benefitted from his academy. I am truly grateful to him and wouldn't have been close to what I am now if it wasn't for him,» Gukesh said at a press conference a few hours after his arrival here to a rousing reception from fans and schoolmates.

A disappointing earnings report from Meta Platforms Inc. has technology investors on edge ahead of results from some of the stock market’s biggest and most important companies in the coming days.

OnePlus 13 is rumored to boast an expansive 6.8-inch micro-curved display, operating at a crisp 2K resolution. Building on the success of its predecessors, the device is expected to incorporate LTPO technology, promising improved battery efficiency. Notably, similarities with its predecessor, the OnePlus 12, in terms of display raise questions about significant advancements in this aspect.

Cetera is sharpening its focus on growth and succession as it appoints a seasoned M&A veteran to its leadership.

LPL expanded its profile in the Eastern US yet again as another veteran advisor makes his return.

Kumar Mangalam Birla, Chairman of Aditya Birla Group, hailed the recent Rs 18,000 crore fundraise by Vodafone Idea as a significant development for the company, describing it as a «fresh lease of life.» This fundraise, achieved through a follow-on public offer, is expected to provide the much-needed financial boost to Vodafone Idea, which has been facing stiff competition from rivals in the telecom sector. Calling it as the beginning of 'Vi 2.0', Birla said the money raised will be invested in the business, which will trigger a cycle of growth. «Vi will stage a smart comeback, this moment marks the beginning of Vi 2.0,» Birla said at the listing ceremony.

US fund managers suffered their worst-ever quarter for ESG-focused products as the pace of client redemptions intensified.

Jaegers joined Barclays Wealth in 2018 as director of macro investments, and was then promoted to head of investment strategy in 2019. He took on his most recent role in July 2019, where he was responsible for leading the team to provide asset allocation for multi-asset fund ranges and discretionary investment accounts. Barclays names private bank and wealth management CEO Before joining Barclays, he was a senior investment strategist for multi-asset funds at Prudential UK for three years, and prior to that he spent five years at BNP Paribas Asset Management, first as a senior port...

Uday Kotak built his Kotak Mahindra Bank Ltd. over decades to become Asia’s richest banker. After India’s regulator slapped his bank with a surprise ban, he’s facing one of his biggest tests yet — and a dip in wealth. The lender’s shares tumbled as much as 13% on Thursday after it was barred from adding new customers through its digital channels and from issuing fresh credit cards. As the largest shareholder with a stake of almost 26%, the billionaire founder bore the heaviest brunt from the selldown, the most in four years.

In 2023, the real estate sector showed resilience amid changing trends. Global economic recovery drove up demand for residential properties in India, thanks to low interest rates and a preference for smart living and luxurious ownerships. With India's status as one of the world's fastest-growing economies propelled by private spending and capital buildup, the real estate sector remains a top investment choice. 

mutual fund’s past performance gains a lot of significance. And at the time of examining the past returns, it is advisable to check the historical returns of a number of years and compare them holistically over a period of time to gauge the possibility of returns one can earn in future. ALSO READ: Mutual Funds: Small, mid cap funds saw massive surge in folios in March Here, we randomly select one value mutual fund — Tata Equity P/E Fund — which has delivered healthy returns in the past 19 years across different time periods, particularly via systematic investment plans (SIP) investment.

The Content Lab has announced a strategic restructuring initiative that brings solutions under focussed silos, which are Stir, Carbon, and H2O. 

Investing in mutual funds can be a powerful tool for wealth creation, especially in a country like India with a growing economy and a burgeoning middle class. However, the question of when to start investing in mutual funds is one that many individuals grapple with. The simple answer? The sooner, the better. Let’s delve deeper into why and how to get started.

In a big setback for Kotak Mahindra Bank, the Reserve Bank of India (RBI) has restricted the private sector bank from onboarding new customers through digital channels and issuing fresh credit cards, according to a press release issued by the apex bank on Wednesday.

Automated finances: By setting up automatic transfers from your checking to savings or investment accounts, you ensure that a portion of your income is systematically allocated to your financial goals before any discretionary spending occurs. This method not only helps in building savings effortlessly but also reinforces the discipline required to maintain financial stability. Automation is especially beneficial in cultivating consistent saving habits that contribute to the accumulation of wealth, essential for long-term financial security as outlined in the journey toward financial independence.

Jain Global, the hedge fund founded by Bobby Jain, the former Millennium co-chief investment officer, is still hiring ahead of its launch in July. Its latestportfolio management recruits include macro traders in Singapore and Frankfurt and a formertrader from Jane Street in New York.

EVs, while also utilising the country as an export hub for the neighbouring countries. Chung visited India on April 23 to review the group's mid-to-long-term strategies to solidify its position as a leading mobility provider. Hyundai Motor Group is expanding its manufacturing footprint in the Indian region with the establishment of an annual production system of 1.5 million vehicle units for Hyundai Motor India and Kia India combined, the automaker stated.