Asset Management Companies | inves4: Indian Equity Investing

Baillie Gifford scored a gain of $27.6 billion by betting early on Moderna, Tesla and Alibaba. Its team breaks down the 3-part strategy it uses to discover transformational stocks that offer…

Edinburgh-based firm Baillie Gifford took early bets in some of last year’s biggest winners. Tesla, Moderna and Alibaba have made the firm profits of around $27.6 billion – Bloomberg data. The Baillie Gifford team told Insider their 3 tips to making a success of active investing. Visit the Business section of Insider for more stories. … Read more

SEBI moots concept of ‘accredited investor’

Regulator SEBI on Wednesday sought comments on the proposal to introduce the concept of ‘accredited investors’ in the Indian securities market. The comments can be sent to the regulator in a prescribed format latest by March 18, it said in a consultation paper. SEBI noted that accredited investors, also called qualified investors or professional investors, … Read more

Reddit day traders wanted to beat Wall Street to prove the system is rigged. Instead, they did it by losing.

Reddit day traders tried to beat Wall Street at its own game to prove that the system is rigged. Instead, brokerages locked them out and their holdings tanked, while some hedge funds still won big. Experts said Wall Street’s reaction showed just how stacked the deck is against small investors. Visit the Business section of … Read more

Meet the GameStop investor upending the stock market with cat memes, reaction GIFs, and fundamental analysis

Reddit user u/DeepFuckingValue is a leading figure in Wall Street Bets’ clash with short-sellers. The value investor, who loves cat memes and reaction GIFs, claimed to have turned a $54,000 bet on GameStop into a $48 million fortune. Ten of his Wall Street Bets peers shared their views of him with Insider. Visit Business Insider’s … Read more

Billionaire investors Steve Cohen and Ken Griffin pour $2.8 billion into a GameStop short seller

Steve Cohen’s Point72 and Ken Griffin’s Citadel are investing $2.75 billion in Melvin Capital. Melvin is down about 30% this year as its short positions are getting hammered. Day traders have bid up the stock prices of GameStop, Bed Bath & Beyond, and other popular shorts. Visit Business Insider’s homepage for more stories. A pair … Read more

Franklin Templeton MF’s 6 shut schemes generate Rs 13,789 cr since closure

Franklin Templeton Mutual Fund on Sunday said its six shut schemes have received Rs 13,789 crore from maturities, pre-payments and coupon payments since closing down in April. Franklin Templeton MF shut six debt mutual fund schemes on April 23, 2020 citing redemption pressures and lack of liquidity in the bond market. The schemes — Franklin … Read more

Equity MF continues to see outflow; investors withdraw Rs 2,725 crore in October

Making it the fourth consecutive monthly withdrawal, on profit booking by investors. All the equity schemes, barring large- and mid-cap and sectoral funds, have seen outflows, data from the Association of Mutual Funds in India (AMFI) showed on Monday. However, investors put in over Rs 1.1 lakh crore from debt mutual funds (MFs) last month … Read more

Sebi raises minimum investment corpus in equities to 75% for multicap funds | India Business News

Markets regulator Sebi (Securities and Exchange Board of India) on Friday tweaked asset allocation framework for multicap mutual funds, asking such funds to have a minimum corpus of 75 per cent invested in equities as against the present mandate of 65 per cent. Further, such funds will have to make a minimum investment of 25 … Read more

Female fund managers beat men at stock picks: Goldman Sachs Group

Female managers remain woefully under-represented in the fund industry, but they’re doing a better job picking stocks than their male counterparts, at least this year. Among some 500 large-cap US mutual funds, those with at least one-third of manager positions held by women have beaten those with no women by 1 percentage point in 2020, … Read more