A note on multi-asset funds

The number of asset management companies (AMCs) has increased over the years. It makes it difficult for product discrimination in equity space, as funds usually invest within the universe of 500 shares that include large-cap, mid-cap and small-cap. Therefore, it is not surprising to see AMCS making various products to woo investors. In recent times,…

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U.S. Housing Starts Tick Higher in June, But Permits and Completions Signal Construction Slowdown

Starts climbing the housing, but the single-family slows down The June Housing increased from 4.6% month-month to 1.321 million units, making the May decline a bit reversed. However, on the basis of year-on-year, 0.5% starts at least. The slight rebound came almost completely from multiply constructions, as the single-family declined by 4.6% to 883,000-the lowest…

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gift a book More Than a Motorcycle: The Royal Enfield Bullet Story