This isn't really another article about the weird trading activity in Gamestop (GME). Yes, it's nutty what's happening, and I have answered far more questions from reporters about Gamma, Delta, market maker hedging and day trading than I ever have in any one-week period of my life.
Union Budget 2021: Why govt needs to focus on fast-tracking capital market reforms
Union Budget 2021: Why govt needs to focus on fast-tracking capital market reforms
The Budget 2021-22 will provide concrete indicators for the policy reforms to be undertaken by the government for catalysing the social and industrial sectors of the economy. These indicators will be the key determinants for reinstituting investors’ faith in the India Story and for attracting long-term growth capital.
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UPDATED: January 27, 2021 17:38 IST
Policy and licensing reforms, implementing single KYC rule and boosting passive investing through ETFs to attract long-term growth capital. (Photo: Reuters/Representational image)
It’s said, “no crisis should go waste” and this adage applies most aptly to the Union Budget 2021-22. This year the government must use this opportunity to prioritise long-pending sectoral reforms to improve the economy’s health and its investment prospects.
Seelos Therapeutics Announces its Inclusion in the First Psychedelic Exchange Traded Fund
Seelos Therapeutics, Inc. a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, announced today that it has been selected as one of 17 companies included in the world’s first psychedelic Exchange Traded Fund which begins trading today on Canada’s NEO exchange under the symbol PSYK . Seelos’ inclusion is based on its lead program …
Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, announced today that it has been selected as one of 17 companies included in the world’s first psychedelic Exchange Traded Fund (ETF) which begins trading today on Canada’s NEO exchange under the symbol PSYK .
Nippon Life India AMC up 42% on lower cost
January 27, 2021
Nippon Life India Asset Management has reported a 42 per cent increase in December quarter net profit at ₹212 crore against ₹149 crore logged in the same period last year, on the back of lower cost. The fund house will pay a dividend of ₹3 per equity share. The record date was fixed at February 8.
While income from operations was down at ₹268 crore (₹303 crore), other income increased to ₹130 crore (₹57 crore) and pushed up the overall income to ₹399 crore (₹361 crore).
Total expenses were down at ₹130 crore (₹167 crore). Average asset under management was up at ₹2.13 lakh crore against ₹2.04 lakh crore with equity accounting for 39 per cent (44 per cent), debt and liquid adding up to 30 per cent (27 per cent) and 14 per cent (16 per cent). Exchange Traded Fund contribution increased to 15 per cent of AUM (13 per cent)
Press release content from Business Wire. The AP news staff was not involved in its creation.
State Street Global Advisors Announces Changes to SPDR ETF Lineup
January 27, 2021 GMT
BOSTON (BUSINESS WIRE) Jan 26, 2021
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the following ETFs (the “Liquidating ETFs”) based on an ongoing review of SPDR ETF offerings.
ETF Name
ZGBR
ZHOK
DWFI
SMEZ
SYE
SYG
SYV
The final day for creations and redemptions in each Liquidating ETF will be March 17, 2021. Trading of all shares will be suspended on each Liquidating ETF’s principal U.S. listing exchange at the open of market on March 18, 2021 1. Each Liquidating ETF will cease operations, liquidate its assets, and prepare to distribute proceeds to shareholders of record on or about March 23, 2021 (the “Liquidation Date”). Proceeds of the liquidation are scheduled to be sent to sha