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Fund managers take refuge in defensive sectors
Choose to limit ambit of operations in view of sharp decline in equity markets. Indian fund managers are again chasing defensives, to put a cap on mounting wealth erosion. No more playing with all sectors has become the principle for struggling asset managers, amid the sharp decline in equity markets. Since August, they were tempted to spread investments across the board, as cheap valuations could
Choose to limit ambit of operations in view of sharp decline in equity markets. Indian fund managers are again chasing defensives, to put a cap on mounting wealth erosion. No more playing with all sectors has become the principle for struggling asset managers, amid the sharp decline in equity markets. Since August, they were tempted to spread investments across the board, as cheap valuations could
Fund managers vouch for 16,000-18,700 mark
While fund managers believe the Indian markets are fairly valued, they remain neutral in the short term. According to a study, fund managers expect the Indian equity markets to be in the range of
Fund managers wary of markets in short term
The markets remained extremely volatile in the past week due to a declining rupee and the euro zone debt crisis, among others. Meanwhile, rolling over of positions in the futures and options segment
The markets remained extremely volatile in the past week due to a declining rupee and the euro zone debt crisis, among others. Meanwhile, rolling over of positions in the futures and options segment
Fund managers dump capital goods firms
Lack of visibility and drying order inflows make the sector’s future bleak.
Lack of visibility and drying order inflows make the sector’s future bleak.
Long-time Legg Mason fund manager stepping down
The long-time manager of Legg Mason's flagship mutual fund, Bill Miller, is stepping down next year.
The long-time manager of Legg Mason's flagship mutual fund, Bill Miller, is stepping down next year.
Madhya Pradesh chief minister bats for tourism in tiger reserves
Madhya Pradesh Chief Minister Shivraj Singh Chouhan Wednesday met union Minister for Environment and Forests Jayanthi Natarajan in New Delhi and urged her not to ban tourism in sanctuaries and tiger reserves, officials said here.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan Wednesday met union Minister for Environment and Forests Jayanthi Natarajan in New Delhi and urged her not to ban tourism in sanctuaries and tiger reserves, officials said here.
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