UTI MF launches Focused Equity Fund NFO - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
If Bitcoin is a hedge against inflation, then how can it crash when inflation is inching higher? Bitcoin’s 60-day realized volatility is far higher than that of gold, making several investors reconsider their decision to treat cryptocurrencies as a hedging instrument. Read more on the threat to Bitcoin’s hedging asset status, Saurabh Mukherjea s love for bank stocks and more in this week’s edition of ‘Long & Short of Markets’.
Gold’s imposter
Bitcoin has been touted as a portfolio hedge and is widely regarded as a substitute for gold by many crypto believers. But the recent price movement of Bitcoin shows that it is anything but a safe haven asset. A wild 40 per cent swing after April’s high just strengthens the doubts.
UTI MF raises stake in Eris Lifesciences business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
It is tough to catch cycles successfully: Vetri Subramaniam
Synopsis
The consumer discretionary sector such as companies in retail, travel and leisure could benefit as we get past the pandemic and vaccination accelerates, says the Group President & Head of Equity, UTI Mutual Fund.
Invest across market caps based on risk appetite, goals, Vetri Subramaniam, Group President & Head of Equity, UTI Mutual Fund, tells ET Wealth in this interview. He also believes that the consumer discretionary sector such as companies in retail, travel and leisure could benefit as we get past the pandemic and vaccination accelerates. Here are other insights from the wealth manager.
Dastoor joins UTI AMC as sales head
May 06, 2021
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UTI Mutual Fund has appointed Peshotan Dastoor as Group President and Head of Sales. Dastoor will be developing UTI’s sales strategy, providing leadership to the sales team and exploring new opportunities for distribution and growth. Before joining UTI AMC he led the sales at Franklin Templeton Asset Management India. Prior to that, he had spent 12 years in various positions in Private Banking Group at ING Bank and also served the Institutional Sales business at ING Investment Management India as its head.
Published on
May 06, 2021
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