Strategy Financial News

CLA Global to establish a presence in this market as part of its ambitious global expansion strategy, said G Scott Engelbrecht, chairman of the accounting and auditing network. CLA Global is among the non-Big Four professional services networks, such as RSM, Baker Tilly, HLB, Mazars and Nexia, which, driven by the significant opportunities presented by India's growing economy, are rapidly scaling up their presence in the country. Last year, the network expanded its footprint in India, when the Baker Tilly India Business Advisory and Consulting Services team joined CLA Global as a member firm.

The highly-anticipated fourth iteration of the bitcoin halving occurred a little after 8:09 p.m. Eastern on Friday. Bitcoin traded flat in the immediate aftermath of the halving, holding steady around $63,000.

During a keynote speech at Bloomberg today (22 April), BoE financial stability strategy and risk executive director Nathanaël Benjamin warned the lack of transparency about the degree and kinds of leverage entering the system poses a significant risk to financial stability. In an environment where rising debt costs and concerns over the economy have made it more challenging for private equity funds to sell or list their portfolio companies, more firms have resorted to NAV loans to finance cash distributions to investors. NAV loans use a private equity fund's assets, which are typicall...

real estate also made a comeback after lying low for the last few years. In a rare instance, all four asset classes did well in the FY 2023. Let us discuss the performance of these asset classes in FY 2023, and what should be your portfolio strategy for FY 2024.

Alpha Capital Family Office, the Denver-based RIA, has announced the addition of Tom Riley to its team as the lead for portfolio management.

AI offers a wealth of opportunities, from streamlining operations to driving innovation and delivering personalised customer experiences. Failure to embrace AI integration means missing out on the efficiency gains, insights, and strategic advantages that AI brings to the table. One of the primary areas where AI is making significant strides is automation.

The uber wealthy live a world apart and their investing strategies also look vastly different from the average investor's portfolio.

Tesla and Musk, constituting "one of the most important moments in the company's history in our view," said a note from Wedbush. Heading into 2024, Tesla watchers were already girding for a tougher path, with Musk's once-dominant leadership in EVs facing more competition from rivals, resulting in a series of price cuts. After disclosing on April 2 a disappointing 8.5 percent drop in first-quarter deliveries, Tesla last week announced plans to lay off more than 10 percent of its staff.

By utilising a demat account for leverage, you can employ a potent strategy that may significantly boost your potential returns while trading in the stock market. Leverage empowers investors to command a larger market position with a relatively modest capital investment, magnifying both profits and losses.

Two asset management firms – one in Texas and one headquartered in Paris, France – have agreed a strategic partnership that will add scale to the firms’ U.S. and global distribution operations.

Rush Benton, the industry veteran who’s led Captrust’s M&A-driven growth strategy for more than decade, plans to move on. The firm’s senior director of strategic growth announced he would be leaving the firm to pursue a personal business venture.

The Canadian dollar could be in for a rough ride if the Bank of Canada cuts interest rates sooner and deeper than the Federal Reserve, a scenario that economists suggest is becoming increasingly likely as the U.S. economy continues to outperform.

Born to a doctor father and homemaker mother, I was raised in Bengaluru. I moved to NITK, Surathkal to pursue engineering degree and later to IIM Lucknow for post-graduation in management. Also acquired CFA charter from CFA Institute, US while working. I am the first one to choose the field of finance even in the extended family tree. How did you land up in this job?

We need to keep a close eye on the volatility index, India VIX, as it has surged by nearly 17% in the last week. On Friday, it has given the highest closing in the last 16 trading sessions, Sudeep Shah, Deputy Vice President and Head of Technical & Derivative Research at SBI Securities warns. This analyst recommends trading strategy in Maruti, RIL, Tata Consumer Products, Axis Bank, Bajaj Finance and HUL ahead of their January-March quarter results.

₹19.58 lakh crore. This was also more than the revised and original budget estimates, as per the latest disclosure made by the tax department, as per news agency PTI report. This is because the FY23-24 net collections of income and corporate taxes, constituting the bulk under the head "direct taxes," exceeded the initial budget estimate by ₹1.35 lakh crore (7.40 per cent) and 13,000 crore from the revised estimate.

In this edition of InvestmentNews TV, we sat down with Lynn Chen-Zhang, CEO of Zhang Financial. With a career spanning over three decades and managing assets worth over $5 billion, Lynn Chen-Zhang was named on InvestmentNews’ Hot List for 2023. Chen-Zhang shared valuable insights into the company’s many achievements over the years, and how Zhang Financial became honored as one of the 100 Most Influential Advisors for 2023 by Investopedia.   

real estate sector, along with an increase in working capital requirements, has resulted in an increase in debt transactions in housing projects, as property developers seek to bridge the gap between demand and supply. This trend has also led to a surge in private equity and real estate credit funds, such as Nisus Finance, PAG Asia, ASK Property Fund and HDFC Capital, actively seeking to invest more in the residential segment. «We are actively exploring more investment opportunities in the coming quarters, with many such prospects in other major metros. We have identified stressed residential assets worth around ₹1,000 crore, totalling 5 million square feet across Bangalore, and are actively seeking similar opportunities,» said Angad Bedi, managing director of BCD Group, which jointly operates a stressed fund with Nisus Finance.

BJD), led by Naveen Patnaik, has taken a unique approach to announcing its candidates for the upcoming assembly elections in Odisha. The approach, nicknamed "Formula 9," revolves around the number nine and its multiples, creating an intriguing pattern in the candidate announcement process. It all began with the first list released on March 27, featuring 72 candidates (7+2=9). This pattern continued in subsequent lists, with the number nine serving as a central theme. The initial Lok Sabha candidates' list, also released on March 27, contained nine names. The second list included 27 candidates (2+7=9), and the following rounds saw nine candidates per list. The cumulative numbers after each round were all multiples of nine: 72, 99, 108, 117, 126, and 135. As of now, BJD has 12 candidates left to announce after its sixth list was released on Saturday. While some BJD leaders claimed ignorance of the pattern, BJD insiders suggest there's a strong belief in the auspiciousness of the number nine, which has deep connections with Jagannath culture in Odisha. Prafulla Mishra, a Sanskrit scholar, mentioned, «Lord Jagannath's Rath Yatra (car festival) goes on for nine days, representing nine planets. The chariot of Lord Jagannath has nine Parswa Debatas (side deities).» This connection may explain why Naveen Patnaik chants «Jai Jagannath» before announcing the names of the candidates in every round.

The advent of technology has made trading easier and more efficient for stock market participants. A very important tool for stock market trading in this fast-paced world is a demat account or a dematerialised account. While a demat account serves as a secure repository for your stocks and securities, it is not typically used for executing day trades. 

April 19th, Panama – Gate.io is excited to announce the official launch of its Wealth Management flagship product – the Quant Fund, a groundbreaking wealth management solution designed for high-net-worth investors keen on exploring the digital assets space. We warmly invite you to be a part of this pioneering journey in wealth accrual by subscribing to our inaugural offering.

Tax planning is fundamental to building wealth through real estate. This could boost housing demand and drive up prices in a specific area.