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NATIONAL PENSION FUND
K-pop fans vs South Korea's $900 billion pension fund: How drama over Enhypen exit spiraled out of controlK-pop fans, angered by an Enhypen member's departure, overwhelmed South Korea's National Pension Fund support lines. The fund, a HYBE share...- Trump's Korea trade deal revives concerns about currency flightSouth Korea and Washington have agreed to lower tariffs on South Korean goods to 15% and established a $350 billion investment plan. While ...
- Arrey brother, why bother? The economy’s doing too well to make attempting radical change worthwhileRadical changes are unavoidable for a bankrupt country, as India was in 1991. But not for a country averaging 6.5-7.0% GDP 'miracle' growth...
- Record additions of new SIPs give local funds added muscleRegistration of gross SIP accounts, the preferred route for small investors to invest in equities, rose to a record of 6.36 million in Apri...
- Smart Beta Funds: How they marry 2 investment styles to cut risks & increase returnsSmart Beta Funds have a low-cost model, quite similar to passive funds, and aims to deliver better returns with lower risk.
- Senior official from India resigns from UN postSudhir Rajkumar had been appointed to the role by UN Secretary General Antonio Guterres in October 2017. No reason was given for the resign...
- We are bearish on EMs, slightly overweight on India: Jonathan Garner, Morgan Stanley“India’s underlying business cycle is different from other economies and is in a recovery phase.”
- 'If government agrees, PF investment in equity could go up by 50%'PFRDA chairman says open to idea of putting money in ETFs as and when govt comes up with it.
- China’s new Silk Road cuts through some of the world’s riskiest countriesOutlining a road-map for his nation through 2050 at this month’s 19th Party Congress, Xi said the Belt and Road Initiative is pivotal.
- Dollar up in Asia as stock markets rallyThe euro was at $1.2756 compared with $1.2759 in US trade while it rose to 136.91 yen from 136.28 yen.
- Lok Sabha members support Bill to provide Rs 5,000 monthly pensionLok Sabha members today supported a private member's bill that seeks to provide Rs 5,000 monthly pension for retired persons from unorganis...
- Lok Sabha members support bill to provide Rs 5,000 monthly pensionA private member's bill that seeks to provide monthly pension of Rs 5,000 to a retired person from unorganised and private sectors today re...
- Govt positively discourages affordable housing: Jerry RaoRao, who had previously founded Mphasis, had promised he would do a housing project with flats in Rs 10-15 lakh range. He delivered on that...
- QFIs: The foreign investment hope for Indian mutual fundsThe government expects good inflows from qualified financial investors into mutual funds in this fiscal year to March 2012.
- Rel Cap eyes Malaysian govt fund bizReliance Capital Asset Management Company is negotiating with Malaysia to manage up to $5 billion (Rs 23,000 crore) of public and governmen...
- ADAG set to manage $2.5 bn Malaysian govt fundsReliance Capital Asset Management Company is negotiating with Malaysia to manage up to $5 billion (Rs 23,000 crore) of public and governmen...
- Argentine unveils $3.9 bn economic stimulus planMost of the 13.2 billion pesos ($3.9 billion) in loans will come from state-run banks and assets that the government acquired in last month...
- 'Chinese financial institutions must submit forex reports'Beijing is tightening supervision of Chinese financial companies by requiring monthly reports on their foreign currency exposure to ensure ...
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