Tapering is just postponed. Just 24 hours ago, all eyes were waiting for the US Fed announcement on whether the Fed will announce the reduction in their asset purchase program which could lead to high volatility across the world financial markets. The Fed has announced that it will look at this sometime in December.While the […]
Housing and Urban Development Corporation Ltd (HUDCO) will be issuing tax free bonds from 17th September. HUDCO is a fully owned government company which enjoys healthy finances and business model. Hence these bonds are regarded as safe. Every year select few companies are selected to issue Tax Free Bonds. The Interest rate scenario changes periodically, […]
We had been invited by one of the big consulting corporate to take a session on importance of managing money for their employees. Ravi made a case for why one should be managing earning by giving many anecdotes and example. Audience was wonderful, very young enthusiastic crowd. We got very good response in attendance, house […]
ICICI Prudential Mutual Fund has launched a new fund ‘Global Stable Equity Fund’ which is currently open for subscription. The fund is a feeder fund and is invested into the parent fund ‘Nordea Global Stable Equity Fund’. Nordea is a investment management company in Europe. Nordea manages about 200 billion Euros. By investing in Global […]
Let’s take a quick look at what’s happening and the outlook for the medium term: US economy is doing well. We have been saying this since early 2012. The last 4 years there has been enormous amount of credit in the system because of central banks easy monetary policies. The QE (Quantitative Easing) has pushed […]
We recently met Geoff Lewis, global market strategist at JP MorgaRavi_GeoffLewisn. Here are some takeaways: Strong correction in high yield bonds after announcement from the Fed about tapering of QE. Less correction in equities. Nothing fundamentally has changed. The sequence of Fed’s exit plan. Some investors think the QE will stop from this Sept while […]
Property is so powerful that it sucks all the money that one has. relocate home Desire to own more real estate than required is a sure recipe to invite financial stress at the cost of pedaling all other aspirations. You climb the uphill mountain with the big baggage of mortgage. You stop all on going […]
In continuation to our note last September, we are excited to share some more insights on this fund. This update was shared to our clients much earlier. The Fund was launched in Feb 2010. Since Launch it has returned an absolute 70% compared with MSCI AC World index 65%. The fund has beaten many of […]
The US economy is under a steady recovery. It has been resilent despite the issues of US cliff. The US grew at 2 to 2.5% in the second quarter. They are now looking to grow at 3 to 3.5% in 2014. Vehicle Sales, Housing, Capital goods orders are all moving up in US. The economy […]
Primer on Where you can start investing in debt Funds Is your money lying idle in the bank? You don’t know need it immediately or you don’t know what to do with it? So at times it just sits in your account or your bank suggests doing a fixed deposit. Should you park it in […]