The Wealth Company Asset Management, part of the Pantomath Group, has received the final approval from SEBI to launch its mutual fund business. With this, The Wealth Company formally entered the Rs 74.41 lakh crore mutual fund industry.
The Wealth Company Mutual Fund said it would bring a unique proposition to the market,
» Read more about: The Wealth Company receives SEBI nod for mutual fund business »
With the traditional route of accessing international markets via domestic mutual funds largely shut due to regulatory caps, distributors—specifically, mutual fund distributors and independent financial advisers—are eyeing GIFT City-based outbound funds as a viable alternative.
This bottleneck with the mutual fund route, however, has led to inflated premiums on older global exchange traded fund offerings,
» Read more about: Financial distributors turn to GIFT City for outbound funds. But few can enter. »
Past clues point to the Vanguard S&P 500 ETF being Buffett’s favorite exchange-traded fund.
The legendary investor isn’t buying his favorite ETF because of a dangerously high valuation.
» Read more about: The Glaring Reason Why Warren Buffett Isn't Buying His Favorite ETF Right Now »
Guy Le Bas from the wealth management and investment banking firm Janney Montgomery Scott says the US is going through unusual economic uncertainty as Trump’s tariffs have paralysed corporate decision making. He says while there’s some evidence of a slowing economy, others are in favour of waiting for a bit more information. .
» Read more about: US economy showing signs of tariff stress – 18 Jul 2025 »
OSAKA (Kyodo) — Japan’s top tariff negotiator Ryosei Akazawa said Saturday he intends to visit the United States possibly early next week for an eighth round of trade talks, before a 25 percent tariff on Japan comes into effect on Aug. 1.
“I want to continue working to find common ground that both sides can agree on,”
» Read more about: Japan eyes tariff talks in US next week before Aug. 1 deadline »
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OMB Director Russ Vought unpacks concerns over the Fed’s pricey renovations on ‘Kudlow.’
The Federal Reserve on Thursday responded to the Trump administration’s inquiry into cost overruns in the central bank’s renovations of its Washington, D.C., headquarters amid its efforts to pressure the Fed into lowering interest rates.
» Read more about: SEE IT: The pricey Federal Reserve renovation project at center of controversy »
By LEA SKENE
A federal judge has restored a Democrat to the Federal Trade Commission, ruling that President Donald Trump illegally fired her earlier this year in his efforts to exert control over independent agencies across the government.
U.S. District Judge Loren AliKhan ruled late Thursday that federal law protects FTC commissioners from being removed by the president without cause,
(Bloomberg) — Bullish, a digital-asset exchange operator whose backers have included billionaire Peter Thiel, filed for an initial public offering in the latest push onto public markets by cryptocurrency companies.
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The company, based in the Cayman Islands, had a net loss of about $349 million on digital-asset sales of $80 million in the first quarter,
» Read more about: Peter Thiel-Backed Crypto Exchange Bullish Files for IPO »
Bullish, a cryptocurrency exchange owned by Bullish Global, has filed for an initial public offering (IPO) in the United States. The Cayman Islands-based firm plans to list its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol “BLSH.”
The exact number of shares to be offered and the price range remain unspecified,
» Read more about: Crypto exchange Bullish files for US IPO, targets NYSE listing as “BLSH” »