When investing in mutual funds:* Funds that trade a lot do worse.* Funds that trade less do better.Class dismissed. ...

Core Insights - The article discusses the latest trends and developments in the investment banking sector, highlighting key performance indicators and market dynamics. Group 1: Industry Trends - Investment banking is experiencing a shift towards digital transformation, with firms increasingly adopting technology to enhance efficiency and client engagement [1] - The demand for advisory services in mergers and acquisitions (M&A) has seen a significant uptick, driven by a resurgence in corporate activity [1] - Regulatory changes are impacting the operational landscape, necessitating firms to adapt their compliance strategies [1] Group 2: Company Performance - Major investment banks reported a collective revenue increase of 15% year-over-year, attributed to higher deal volumes and improved trading conditions [1] - Cost management remains a priority, with firms implementing measures to streamline operations and reduce overhead [1] - The competitive landscape is intensifying, with boutique firms gaining market share by offering specialized services [1]

Core Insights - The ongoing surge in IPOs is significantly utilizing mutual fund liquidity, with six primary market issuances accounting for over ₹13,000 crore in net equity investments by mutual funds in November [3][4]. Group 1: Mutual Fund Activity - Groww led the inflows, attracting approximately ₹4,200 crore, while other companies like Lenskart Solutions, Pine Labs, and Physics Wallah each garnered over ₹1,000 crore in investments from mutual funds [4]. - Net equity investments by mutual funds reached ₹43,500 crore in November, indicating strong demand and liquidity in the market [4]. Group 2: IPO Market Dynamics - The robust appetite for IPOs from mutual funds, alongside strong demand from other investor segments, has facilitated record issuances, with over 100 mainboard IPOs launched this year, the highest in 25 years [5]. - The primary market activity is largely driven by retail inflows into mutual funds, as elevated valuations in the secondary market have redirected liquidity towards primary issuances [5]. Group 3: Sector Trends - Demand in the primary market is particularly strong for consumer technology and new-age businesses, which currently represent 20% of recent IPOs, a figure expected to rise above 30% in the next five years [7][8]. - At least 20 startups with private market valuations in the hundreds of millions of dollars are preparing to enter the market, indicating a growing trend in the consumertech sector [8]. Group 4: Secondary Market Activity - In the secondary market, Eternal topped the mutual fund buy list with ₹4,500 crore invested, followed by ICICI Bank, ITC, Mphasis, and HDFC Bank [9]. - Conversely, mutual funds reduced their exposure to public sector banks and pharmaceutical stocks, with State Bank of India and Reliance Industries among the most sold stocks [9].

Market-making firms in the exchange-traded fund industry may come under strain amid a potential wave of new listings in 2026, with US regulators poised to allow asset managers to offer ETFs as share classes of mutual funds https://t.co/MLWSblasud ...

JPMorgan Asset Management is seeking to convert two municipal-bond mutual funds with over $840 million of assets into ETFs in 2026, underscoring the growing popularity of the products https://t.co/fa8xYU1AFw ...

🚨JUST IN: VANGUARD WILL ALLOW CRYPTO-FOCUSED ETFS AND MUTUAL FUNDS TO TRADE ON ITS PLATFORM FROM — BLOOMBERG ...

ETF Flows and Market Sentiment - ETF investors remain bullish despite market concerns, with VOO reaching $125 billion year-to-date [2] - Outflows are seen in momentum, triple leveraged semi, financials, and cash, but overall sentiment is bullish [3] Mutual Funds vs ETFs - Mutual funds are experiencing significant outflows, potentially reaching $1 trillion this year [4] - Bond mutual funds are vulnerable to rising rates, as seen in 2022 [4] - The introduction of multi-share classes could supercharge the ETF market by allowing managers to launch ETF classes of existing mutual funds [6] - Not every mutual fund should be converted into an ETF; success depends on competitiveness and investor appeal [11] Goldman Sachs Acquisition of Innovator Capital Management - Goldman Sachs is acquiring Innovator Capital Management for $2 billion, a leader in defined outcome ETFs [1][20] - The acquisition is valued at approximately 7% of Innovator's AUM, considered pricey but potentially justified by specialized products and higher expense ratios [24] - Innovator's defined outcome ETFs limit downside risk while capping upside potential, appealing to older investors seeking protection [21][22] Municipal Bond ETFs - Active municipal bond ETFs, like the Intermediate ETF, aim to outperform benchmarks through bond selection [29] - A California-focused muni ETF caters to investors in high-tax states, offering tax-free yield [32][33] - Active muni managers have a high success rate (70%-80%) in beating benchmarks due to the vast number of issuers [36] - State-focused funds are primarily attractive in high-tax states like California and New York [37]

Let me ask you a quick question. What if everyone stops working here and how would your money support for rest of your life. The obvious answer is the financial freedom talks such as returns, compounding, cryptocurrency, investing, saving, caggr, all these terminologies where since I was from tier four city, all these conversations were hyper techchnical to me.So slowly after after certain few uh few interactions with them I learned these are something of financial literacy which I have not been exposed to. ...

In the 1990s, Muhlenkamp Fund’s clever value investing formula made it a star among no load mutual funds. Then the long tech bull market left it in the dust. A new generation is making a comeback.Read more: https://t.co/dIlTsiKjev https://t.co/PVkzfmUp9F ...

Investment Choices - The report explores key differences between mutual funds and ETFs [1] - The analysis includes trading, tax efficiency, and management styles [1] Fund Comparison - The goal is to enable informed investment choices based on the comparison [1]