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Jefferies plans entry into India’s fast-growing mutual fund market
BusinessLine· 2025-10-06 12:33
Jefferies Financial Group Inc is gearing up to enter India’s $900 billion asset-management industry, according to people familiar with the matter, joining a growing list of global financial giants seeking to tap one of the world’s fastest-growing major economies. The New York-based firm has signed up Milind Barve, former head of HDFC Asset Management Co, as an adviser to shape its strategy and steer regulatory approvals, the people said, asking not to be identified as the information is private.India’s mutu ...
X @Investopedia
Investopedia· 2025-09-17 14:30
Discover what a mutual fund is, how it works—including NAV, types (index, bond, target-date), pros & cons—and how to choose the best option for your goals. https://t.co/69z0LFTuiy ...
BlackRock Turns Popular Mutual Funds Into Global Equity ETFs
Benzinga· 2025-09-16 22:12
Core Insights - BlackRock is expanding its active ETF offerings with the launch of two new ETFs: iShares Dynamic Equity Active ETF (BDYN) and iShares Disciplined Volatility Equity Active ETF (BDVL) [1] - The new ETFs leverage the track records of predecessor mutual funds, which had combined assets of $3 billion over eight years [2] - The trend of traditional asset managers migrating mutual fund strategies into ETFs is growing, driven by investor preference for flexibility, tax efficiency, and lower expenses [4] Group 1: ETF Details - BDYN has a gross expense ratio of 0.42% (0.40% net) and aims to exceed the MSCI World Index by providing global, diversified exposure [1][2] - BDVL has a gross expense ratio of 0.41% (0.40% net) and is designed to exceed the MSCI ACWI Minimum Volatility Index, focusing on companies with historically lower volatility [1][3] - Both ETFs are managed by BlackRock's Global Allocation team, which integrates fundamental research with quantitative and thematic analysis [3] Group 2: Market Trends - The shift towards ETFs reflects a broader trend in the investment industry, with active management strategies being adapted to meet changing investor demands [4] - BlackRock's portfolio manager highlighted the potential for generating alpha through globally diversified, actively managed strategies in the current investment landscape [4]
RBC Global Asset Management Inc. announces August sales results for RBC Funds, PH&N Funds and BlueBay Funds
Benzinga· 2025-09-12 12:05
Summary of Key Points Core Viewpoint - RBC Global Asset Management Inc. reported mutual fund net sales of $630 million for August 2025, indicating a strong performance in long-term funds despite redemptions in money market funds [1]. Group 1: Mutual Fund Performance - August mutual fund net sales totaled $630 million, with long-term funds achieving net sales of $807 million [1]. - Money market funds experienced net redemptions amounting to $177 million [1]. - The total mutual fund assets under management increased by 1.8% [1]. Group 2: Company Overview - RBC Global Asset Management is a division of the Royal Bank of Canada, managing approximately $740 billion in assets [6]. - The company offers a variety of investment management services, including mutual funds, hedge funds, and exchange-traded funds [6]. - RBC GAM employs around 1,600 staff across Canada, the United States, Europe, and Asia [6].
X @Investopedia
Investopedia· 2025-08-13 14:30
An open-end fund is a mutual fund that can issue unlimited new shares, priced daily on their net asset value. The fund sponsor sells shares directly to investors and buys them back as well. https://t.co/vl4MDHddEA ...
X @Investopedia
Investopedia· 2025-07-20 16:01
Exchange-traded managed funds (ETMF), branded as NextShares, were a type of investment that combined features of an ETF and an actively-managed mutual fund. https://t.co/Ef3BesKI35 ...
X @Investopedia
Investopedia· 2025-07-13 23:00
Fund Overview - A mutual fund is a portfolio of stocks, bonds, or other securities [1] - The fund is managed by a professional fund manager [1]
X @The Economist
The Economist· 2025-07-04 00:20
Vanguard manages both the world’s largest mutual fund and its biggest exchange-traded fund. In an interview, the firm’s boss lays out what is next https://t.co/JcnmsM4B6d ...