Funding Funds

Latest News for: Funding funds

Fund has given higher returns with lower volatility

DNA India 22 Oct 2018

Launched in August 2004, L&T Midcap Fund invests primarily in companies with market capitalisation between the highest and the lowest constituent of the Nifty Midcap 100 index. The fund was a part of DBS Cholamandalam Asset Management Company before it was acquired by L&T Investment Management in February 2010. It ranked 1 in the mid-cap category of CRISIL Mutual Fund Rankings (CMFR) - June 2018....

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88% of large-cap funds underperformed benchmark in 12 months to June 2018: Report

Moneycontrol 22 Oct 2018

The asset-weighted return for large-cap equity funds was 51 bps higher than the equal-weighted return over the 10-year period ... The S&P BSE 100 ended the one year period in the black, returning 12.94 percent, with 88 percent of funds underperforming the benchmark. Over the 3-, and 10-year periods ending June 2018, 78 percent and 63 percent of large-cap equity funds underperformed the S&P BSE 100, respectively....

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Weekly Closed-End Fund Roundup: 2 Calamos Funds Cut, MSF Reorganization

Seeking Alpha 22 Oct 2018

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of twenty BlackRock taxable fixed-income and equity closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Programs”) ... "buy" rated preferreds or high-yield funds that we own in our portfolios should they desire....

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PFAs invest N1.49trn in Treasury Bills

Business Day Online 22 Oct 2018

The Pension Fund Administrators (PFAs) in the country have invested N1.49 trillion in Treasury Bills ... “Fund I has N4.55 billion; Fund II, N3.69 trillion; Fund III N1.96 trillion and Fund IV N619.59 billion. It noted that Closed Pension Fund Administrators Fund (CPFAs) is N1.08 trillion and Existing Schemes (ES) N957.50 billion,” it said....

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Quick take: Abraaj put it in the mainstream but what is commingling of funds?

The National 22 Oct 2018

The firm, which was founded in 2002 by Arif Naqvi with offices in Asia, Latin America, the US and Europe, was accused by investors including the Bill and Melinda Gates Foundation and IFC of mismanaging their funds in a $1bn healthcare vehicle, raising questions of corporate governance. What exactly is commingling of funds and why has Abraaj been criticised for it? ... How did Abraaj commingle funds?....

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China to support private equity funds in M&As

Xinhua 22 Oct 2018

He said that private equity funds and venture capital funds will be supported in participating in M&As, debt-to-equity swaps and equity investment, underscoring their role in galvanizing market vitality. Mutual funds, private equity funds and other asset management plans now own ......

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Touchstone Total Return Bond Fund Renamed Touchstone Impact Bond Fund

Market Watch 22 Oct 2018

22, 2018 /PRNewswire/ -- Touchstone Investments announced that it has renamed the Touchstone Total Return Bond Fund the Touchstone Impact Bond Fund (TCPAX). While the current investment process of the Fund ......

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LISC NYC Launches Impact Investment Fund to Support NYC's Creative Economy at SOCAP18

Market Watch 22 Oct 2018

22, 2018 /PRNewswire/ -- Leveraging the vitality of New York City's creative economy, LISC NYC is introducing the NYC Inclusive Creative Economy Fund, an opportunity for accredited investors to finance affordable, inclusive creative workspaces, fostering quality, 21st-century jobs for low- and middle-income New Yorkers ... The start-up costs of the NYC Inclusive Creative Economy Fund were funded by the following philanthropic partners....

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Pitch made by Pueblo City Councilman for budget cuts to fund street repairs

The Oneida Daily Dispatch 22 Oct 2018

That money, plus the $2 million expected to be generated from the street repair utility enterprise fund and the $675,700 allocation from the Highway Users Tax Fund the city receives annually from the state, would get the city near the $3.5 million in 2019 needed to resurface a list of roads that were identified by the city as priorities ... "They don't ask for much, and I think we need to fund them."....

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Mutual Funds' Exposure To Banking Stocks Reduced By More Than Rs 21,600 Cr

Yahoo Daily News 22 Oct 2018

As per the data available at the Securities and Exchange Board of India (SEBI), the holding of banking stocks in mutual funds reduced by more Rs 21,600 crore for the month of September, driven by the correction in equity markets ... The second-most popular sector among fund mangers is finance ... Mutual funds To Not Use Aadhaar-Based Authentication For KYC....

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Is there a price to pay for investing sustainably?

The National 22 Oct 2018

Sceptics argue that there is a price to pay for this in the shape of inferior investment returns, but investors in the UAE reject the idea that they are making sacrifices by taking ethical criteria into account when deciding which stocks, mutual funds or exchange-traded funds (ETFs) to buy ... Camilla Ritchie, lead manager on the 7IM Sustainable Balance Fund, says funds come in every shade of green....

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Climate fund approves $1 billion for projects in poor countries

Asahi News 22 Oct 2018

BERLIN--A U.N.-backed fund has approved more than $1 billion (113 billion yen) for 19 new projects to help developing countries tackle climate change, officials said Sunday. During a four-day meeting in Bahrain that ended late Saturday, officials overseeing the Green Climate Fund also agreed to start seeking fresh money next year as its initial capital of about $6.6 billion will soon be used up....

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India startup funding: Bengaluru swaps numero uno position with Delhi-NCR in terms of funding raised over Jan-Sep 2018

Your Story 22 Oct 2018

Delhi-NCR topped the charts with $3.73 billion raised in startup funding versus Bengaluru’s $3.13 billion raised over January to September 2018 ... Delhi-NCR’s numbers were propped up by a host of late-stage deals, including Zomato’s $200 million, PolicyBazaar’s $238 million, Paytm’s $300 million funding round, Paytm Mall’s $450 million and OYO’s $1 billion fund raise ... There were over 21 deals where the funding remained undisclosed....

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