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The fund will track the WisdomTree US Quality Growth UCITS index, which follows the performance of US large-cap companies with «strong quality» characteristics, such high profitability and growth, which also meet WisdomTree's ESG criteria. The strategy has already been available in the US since 2022, but now Europe-based clients can access the tracker via the London Stock Exchange and Borsa Italiana. It will have a total expense ratio of 0.33% across all listings. Deep Dive: Investors urged to look beyond 'pure' AI plays as bubble concerns linger Pierre Debru, head of quantitative r...

The Supreme Court has agreed to take up a Biden administration appeal over the regulation of difficult-to-trace ghost guns that was struck down by lower courts

The AVI Japanese Special Situations fund, which will have a Dublin UCITS structure, with bottom-up and «research-driven approach» to engage with companies. As with the AVI Japan Opportunity trust, launched in 2018, CEO and CIO Joe Bauernfreund will manage the strategy, supported by a Japan-dedicated research team of six.  AVI Japan Opportunity trust dodges widening discount trend as profits rise The strategy will be benchmarked against the MSCI Japan Small Cap index and invest in 25-35 companies. The annual management fee is 1%. «As well as a 40-year track record in global equit...

Asian benchmarks extend gains after U.S. stocks claw back some of their losses from last week

A $12 billion high-speed passenger train line between Las Vegas and the Los Angeles area has started construction

The Commerce Department releases its initial estimate of first-quarter economic growth on Thursday

PTI quoted officials as saying. According to reports, the protestors have been demanding the release of three farmers arrested by the Haryana Police during the ongoing stir. Besides inconveniencing passengers, the cancellation of trains over the last five days was causing financial losses, the officials said, adding, they have diverted many trains.

The stakes are high for America’s technology behemoths to start delivering on artificial intelligence promises with their earnings poised to decelerate, according to Bank of America Corp. strategists.

suspicious transactions during the course of general elections, according to multiple senior executives in the know. In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund poll candidates.

The first three month of 2024 were the second best start to the year on record for wealth management firms in regard to deal making and transactions, according to a new report from Echelon Partners, a boutique investment bank focused on mergers and succession planning in the wealth and investment management industries.

Ambala-Amritsar route were cancelled on Sunday as farmers continued to squat on tracks at the Shambhu railway station in Punjab's Patiala district for the fifth day, officials said. The protestors have been demanding the release of three farmers arrested by the Haryana Police during the ongoing stir. A total of 73 trains were cancelled on Sunday, the railway officials said. The cancellation of trains over the last five days was causing financial losses, besides inconveniencing passengers, they said.

ANI report, citing Mumbai Crime Branch, said that in the case, statements of more than 10 people have already been recorded, while the process of recording more statements is still underway. Mumbai Crime Branch took one of the accused – Vicky Gupta – with them to Tapi river, to locate the gun. Both Vicky and Sagar were arrested last week from Gujarat's Bhuj.

victory in five races this season and his 23rd in the last 27 extending through last season. Only a brake failure last month at the Australian GP in Melbourne probably kept him from sweeping all five. Verstappen trailed for only a few laps following a pit stop. Lando Norris of McLaren was about 14 seconds behind Verstappen in second — the eighth time he has been No. 2 in his career as he still seeks his first victory. Verstappen's Red Bull teammate Sergio Perez was third.

Gurmeet Chadha, Managing Partner & CIO, Complete Circle Consultants, says “there are pockets of good businesses at 20-odd times, 50-odd times and there are pockets like EMS or some proxy defence and space names, some PSUs which have just run up because the PSUs are running up, and it is very difficult to justify such valuations. Soone has to be a little selective here because that is where the accidents are likely to happen. I would be a little more biased towards large and maybe large midcaps in terms of incremental allocations.” The smallcap index is less than 2% away from its all-time high and there is no participation, there is no excitement, there is no euphoria; NAVs are down but the index has gone up. So, for an index which 45 days ago was supposed to be in a bubble zone, has recouped all everything it lost. Gurmeet Chadha: That is probably the nature of the beast.

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.

Formula One is often the playground of the rich and the famous. At every glamorous race from Monaco to Montreal, photographs showing the world’s A-list jet set gallivanting around the paddocks give the impression that only those with a royal familysized bank account can attend. But it doesn’t have to be so. Especially in recent years, the sport has worked hard to shed its image and become more accessible. For instance, more circuits now use streets in urban centres rather than purpose-built tracks outside city limits. The intended message seems to be that you can attend a race without spending a king’s ransom. All it takes is a little foresight and creativity. Here are some pointers to get you started:

Vodafone Idea FPO: The follow-on public offer (FPO) of Vodafone Idea opened on 18th April 2024 and the follow-on offer will remain open till 22nd April 2024 i.e. till Monday next week. This means investors have just one day in hand to apply for the Vodafone Idea FPO.

new income tax regime offers several benefits, including a simplified tax structure with lower rates, reduced tax liability, and increased disposable income for taxpayers. By eliminating various deductions and exemptions, it streamlines tax compliance, saving time and effort for taxpayers.

DC vs SRH 2024: Chasing a massive target of 267 runs at the pitch of Arun Jaitley Stadium, New Delhi, the Delhi Capitals began their innings in Sunrisers Hyderabad style as opener Prithvi Shaw and batter Jake Fraser-McGurk displayed some fireworks to make the game more exciting. Young Jake Fraser-McGurk broke his Australia senior Travis Head's record in the same match as the DC batter slammed his half-century in just 15 balls, making it the third fastest in the history of IPL and fastest for IPL 2024.

WZ-7 Soaring Dragon drone of the Chinese People's Liberation Army was spotted flying in close proximity to the Philippines, ahead of preparations by the Southeast Asian country to receive the delivery of Indian BrahMos supersonic cruise missiles, The Eurasian Times reported. According to the report, the distinctive joined-wing shape of the WZ-7 drone caught the attention of Raffy Tima, a correspondent for Philippine news organisation GMA News, as it traversed the skies over the West Philippine Sea, an area within the South China Sea to the northwest of the Philippines. The timing of this sighting is significant amid escalating tensions between China and the Philippines over territorial disputes, notably the Second Thomas Shoal and Scarborough Shoal, in the South China Sea, the report noted. The acquisition of the BrahMos missiles from India is perceived as a strategic move by the Philippines to enhance its defensive capabilities to counter China's assertiveness in the region.

Max Verstappen of Red Bull has completed a Formula 1 double, taking the pole Saturday for the Chinese Grand Prix just hours after winning the first F1 sprint of the season. Teammate Sergio Perez will start alongside Verstappen on Sunday on the front row with Fernando Alonso of Aston Martin and Lando Norris of McLaren on the second row. Verstappen turned 1 minute 33.660 seconds on his fastest lap, 0.322 ahead of Perez. Superlatives fail. The three-time defending F1 champion is unassailable — the sport's best driver in the quickest car. The Dutchman has won 22 of the last 26 GPs and three of the first four this season. Only a brake failure in Melbourne, Australia, probably kept him from sweeping all four races.