Mutual funds

One 97 Communications, the parent company that owns the Paytm brand, has seen domestic mutual funds increase their stake in the entity, according to the latest shareholding pattern filed with the exchanges.Domestic mutual funds increased their stake in Paytm to 4.99% for the quarter ending December 31, 2023, from 2.79% in the previous quarter, filings show.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB…

The Swedish lockmaker has agreed to sell some of its brands to another company. The Swedish lockmaker has agreed to sell some of its brands to another company. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

Banks are under pressure from depositors’ embrace of money-market funds, pushing a popular Federal Reserve-sponsored financing program into the spotlight.Money-market fund assets are increasing at a record clip. Much of that cash is making its way to the Fed’s overnight reverse repurchase facility, which borrows from money funds and other firms in exchange for securities such as Treasurys and then returns the money the next day. The program, known on Wall Street as reverse repo, allows financial firms and…

Rawpixel | iStock | Getty ImagesYou could be excused for thinking, after months of headlines about "woke capitalism" and big stock market declines, that socially-conscious investing was on the run, dogged by hostility from politicians who think that focusing on corporate governance and environmental impact means burning retirees' money to push an agenda other than bottom line return on investment.But you would be incorrect.In fact, so-called sustainable funds, also known as ESG funds (for environmental, social and…

Now, a growing crowd is betting on exactly that happening. Mutual funds and hedge funds managing roughly $4.8 trillion in assets have been putting money into stocks that stand to benefit from inflation cooling, interest rates going down and the U.S. economy avoiding a recession, according to an analysis by Goldman Sachs Group Inc. The investors have larger-than-average positions in shares of industrial, materials and energy companies, Goldman’s analysis found. All three groups…

Blue Apron, one of the pioneers in the meal-kit sector, has struggled to increase sales and keep customers in recent years. Photo: Daniel Acker/Bloomberg News…

WASHINGTON—The Biden administration is laying the groundwork to target nonbank firms with stricter federal oversight as regulators grow concerned about financial threats from companies operating outside of the tightly supervised banking system.The move from the Financial Stability Oversight Council, a panel of top regulators tasked with monitoring the stability of the financial system, would likely ease or repeal Trump-era restrictions that sought to limit the regulation of nonbanks, according to people familiar with the…

Thousands of officials across the government’s executive branch reported owning or trading stocks that stood to rise or fall with decisions their agencies made, a Wall Street Journal investigation has found.More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior…

Wall Street is no stranger to culture wars, dating to William Jennings Bryan and the 19th-century free silver movement. Today's version: The push by conservative states to make state pension funds stop doing business with money managers who use their power to press companies to cut carbon emissions.There's a list of reasons to suspect the pushback won't much affect the movement toward investing that factors in environmental, social and corporate governance goals alongside shorter-term financial performance.First, the …

Wonder Group, a food-delivery startup led by Jet.com founder Marc Lore, has raised hundreds of millions of dollars to expand the business at a time when the venture-capital market is cooling.New York-based Wonder closed a $350 million funding round last month, according to company officials, bringing the total amount raised in debt and equity over the past year to $900 million. The latest funding values the company at roughly $3.5 billion, according to people familiar with the matter.…